Now, banked workers in Canada can use the domestic payments provider Interac to pay for a Bitcoin transmission to a Coins.ph wallet, which may be cashed out at a range of Philippines locations.
Zinger relies on the concept of Interac ‘pushing’ transactions by purchasing remittances in CAD, authorizing a user’s bank transfer and signaling a BTC transfer in Zinger.
Coins.ph balances are able to be cashed out at one of 24 banks, in person in cash or even courier delivery or cardless ATM.
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