RATE Group | Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto
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Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

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Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash (BCH), and BTC.

Also read: Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

Mercado Livre and Mercado Pago Wallets Users Can Now Use Bitcoin Cash (BCH) and BTC via Bitpay

In certain areas throughout Latin America, cryptocurrency use continues to grow, especially in regions like Argentina, Colombia, Venezuela, and Brazil. Digital assets are used in South America for remittance purposes, to purchase goods, and to hedge against the deterioration of local fiat currencies. On September 25, Bitpay has revealed an alliance with the online retailer Mercado Livre and Mercado Pago wallets. This means people now have the option to buy Mercado Livre gift cards…

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