Two companies in the fintech segment closed a platform integration agreement that will allow payments with cryptocurrencies in businesses in Argentina and other countries in the region using QR code.
It is about Depaythe Argentine fintech specialized in interoperable QR payment infrastructure, and Satoshi Tangoa cryptocurrency exchange with extensive experience in the country.
This agreement will make it easier for users of the cryptocurrency platform to use their funds to make QR payments on shops in Argentina, Brazil, Colombia and Peruconnecting the world of cryptocurrencies with the real economy.
The central element of this alliance is Depay’s interoperable infrastructure, which connects to the payment systems of different countries. This allows digital wallet users, including Satoshi Tango, to transact in local currency immediately.
This removes traditional barriers between the crypto world and everyday paymentsfacilitating its mass adoption.
“Interoperability is key to democratizing access to new technologies. With this alliance, We bring cryptocurrencies closer to people’s daily livesmaking them more useful and accessible,” commented Joaquin Fagalde, CEO of Depay.
“We are excited about this alliance, which significantly expands the possibilities of use for our users. Now, thanks to Depay, we can integrate QR payments, which means that crypto can be used at any point of sale compatible in the region,” highlighted Matías Bari, CEO of Satoshi Tango.
The expansion of QR use in the region accelerates
The growth in the use of QR payments in Latin America has been registering an accelerated pace. In Argentina is in rapid growth since the Central Bank established interoperability between all actors in the ecosystem.
In the case of Brazil, the Pix system that the Central Bank of that country also promoted has transformed the way payments are made, reaching 90% penetration in businesses.
Fintech companies consider that this context generates the ideal ecosystem so that alliances like that of Depay and Satoshi Tango have a significant impact in the region.
The partnership also addresses one of the main concerns of cryptocurrency users: security.
Through the Depay infrastructure, QR payments made from Satoshi Tango are processed safelyeliminating risks associated with handling cash or physical cards.
In addition, users can carry out their transactions immediately, with the convenience of using their funds at any merchant that accepts QR.
“Security has always been a priority for Depay. Our infrastructure not only connects systems, but also ensures that each transaction is reliable and efficient,” said Fagalde.
“We estimate that this integration will significantly increase the volume of transactions carried out with cryptocurrencies in the region. People need to see how cryptocurrencies can be used in their daily lives, and this alliance is the perfect example of that,” Bari explained.
The collaboration between Depay and Satoshi Tango represents much more than a technological advance; It is a change in the way people and businesses interact with money.
With this alliance, Latin America is one step closer to an integrated digital economywhere cryptocurrencies are not only an investment, but also a practical tool for daily life, the company highlighted.
Source: Ambito
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