BigPay to Enable Users to Top Up Using BTC and ETHby Fintech News Singapore November 3, 2022
BigPay, a Southeast Asian challenger bank and Capital A venture company, has launched its crypto top-up feature without any hidden fees.
Through this collaboration, users can seamlessly convert their crypto assets into cash to spend using their BigPay debit cards, without having to go through a tedious verification process.
The cryptocurrencies currently accepted for top-up are Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether (USDT), with plans to expand the accepted currencies in the near future.
Most recently, BigPay added 3 new services to its Major Payment Institution (MPI) License issued by MAS for account issuance service, domestic money transfer, and e-money issuance service in Singapore.
“We believe in a regulated financial system which takes the best of both crypto and traditional finance – to increase efficiency and value to the end-user.
We want to enable users to interact with digital assets in a safe and secure way, and facilitate overall interoperability”.”
said Salim Dhanani, CEO & Co-Founder of BigPay.
“With over 300+ million crypto owners worldwide, TripleA is happy to work with BigPay to meet the demand for crypto top-ups.
With the addition of this new payment method, we are also pleased to continue enabling accessible and transparent digital financial services for BigPay’s customers.”
said Eric Barbier, CEO of TripleA.
Featured image credit: Edited from Unsplsah