Bahamas Payment Platform Offers Cryptocurrency for Remittance Transfers

The post Bahamas Payment Platform Offers Cryptocurrency for Remittance Transfers appeared first on Coinpedia Fintech News

The Bahamas Payment Platform has become the latest company to offer cryptocurrency as a remittance option. Western Union has expanded their services to the Bahamas to cater to the needs of migrants sending money back home. The platform allows users to transfer funds in Bitcoin, Ether, and other cryptocurrencies to provide faster, cheaper, and more secure transactions than traditional remittance methods. The move is another sign of the growing acceptance of cryptocurrency as a viable payment option in the developing world.