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Mexican university starts accepting Bitcoin payments

Tuesday 25 August 2015 00:54 CET | News

A coffee shop located on the campus of Mexicos Universidad de las Américas Puebla (UDLAP) is now accepting Bitcoin for purchases.

The Bitcoin processing integration was provided by Latin American-focused Bitcoin exchange provider Bitso, which recently raised an undisclosed seed round led by Digital Currency Groupand launched a payment processing service, BitsoPagos.

While the first in the Latin American region, UDLAP joins Canadas Simon Fraser University (SFU), Spains Pompeu Fabra University and MIT in the US on the list of colleges that host Bitcoin ATMs or accept Bitcoin for payment in school stores.

The company expressed its belief that by accepting Bitcoin payments, the Café Punta del Cielo location will expose more students to the technology while potentially encouraging other local franchises to accept the payment option.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, Mexico, Latin America
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3