GoldConnect Selects BitPay to Accept Cryptocurrency Payments

PRNewswireJune 16, 20213 min

The First Wholesale Connectivity Provider in LATAM to Receive Payments in Cryptocurrency

GoldConnect, a leading wholesale telecommunications provider in Latin America and the Caribbean, announced today that the company is now accepting cryptocurrency payments through their new LatamConnect platform with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services.

“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,” said Jeremy Villalobos, COO at GoldConnect. “BitPay manages the entire payment process to securely receive crypto from the customer and deposit cash into our account.”

By expanding payment options with Bitpay, GoldConnect aims to attract new customers and address the increasing demand for flexible and easy-to-use crypto payments. BitPay’s business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable protected borderless payments, without any price volatility or risk to the company.

“GoldConnect realizes the potential for crypto to transform the wholesale telecommunication industry, making payments faster, more secure, and less expensive on a global scale,” said Shaun Worley, Vice President of Product at BitPay. “Our goal at BitPay is to make accepting crypto a seamless process and increase adoption as crypto is the future of payments.”

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