GoldConnect to accept Crypto Payments through its LatamConnect Platform

Latin America has emerged as one of the global hotspots for crypto adoption. Just days after El Salvador granted Bitcoin (BTC) legal tender status in the country, a leading telecommunications provider in the region announced that it will now accept crypto payments. The crypto payment option was made possible through its partnership with BitPay. The payment processor is also known as the largest provider of Bitcoin and crypto payment services in the world. As a disruptive telecom provider in the LATAM region, we must continuously embrace the latest technologies and business methods to improve the interaction and experience of our clients. GoldConnect’s decision to accept cryptocurrency payments reflects the growing demand for such payment options in the region. With its partnership with Bitpay, GoldConnect aims to attract new customers while offering flexible and easy-to-use crypto payments. There are also advantages to using BitPay’s business solutions. For instance, it reduces the payment processing cost, eliminates transaction fraud, and enables protected borderless payments. Latin America has increasingly become a hotspot for cryptocurrency activity. For instance, El Salvador made headlines when it granted legal tender status to Bitcoin, a move that could set the stage for mass adoption of the crypto in the region.