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More than 20,000 companies accept cryptocurrencies in Venezuela

May 8, 2020

Venezuelans can do this from June 2020 Buy with cryptocurrencies in more than 20,000 companies across the country connected to the “Merchant Server” platform of the Venezuelan company Mega Soft. Facilities working with the platform include Farmatodo, Central Madeirense, EPA Hardware Store, BECO, Excelsior Gama, Plaza’s Automercados and Cines Unidos.

Thanks to the integration of “Cryptobuyer Pay”, which was developed by Cryptobuyer, users in institutions that are registered with Mega Merchant Server can pay with cryptocurrencies. Traders who receive cryptocurrencies as a form of payment have the option of saving them or automatically settling them with the exchange.

According to the company dThroughout the month of May, installation and activation work will be carried out in the Mega Soft affiliated stores that request the activation of “Cryptobuyer Pay”.

More than 20,000 companies accept cryptocurrencies in VenezuelaMore than 20,000 companies accept cryptocurrencies in Venezuela

Bitcoin, Ethereum, Dash, Litecoin, Binance Coin, Tether and DAI stablecoins as well as Cryptobuyers native cryptocurrency XPTwill be the cryptocurrencies that can be used as means of payment within the facilities. The recent inclusion of Cryptobuyer in the Instant Exchange of Liquid Quick Exchange In addition, more than 100 digital currencies can be used in the payment solution developed by the Panamanian company.

Jorge Farías, CEO of Cryptobuyer, commented on the signed alliance as follows: “This is a positive scenario for new technologies where we see how”A professional company with more than 30 years in the market sees a real incentive to accept cryptocurrencies as a new payment method“”

Farías also noted that “this is not the maximum cap that has been raised in the company” and mentioned that his goals “The Cryptobuyer Pay network will be integrated into more than 100,000 merchants before the end of 2020. This is an expansion not only in Venezuela but also in Latin America and Europe through the installation of ATMs“”

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