BITSO exchange launches the QR payment service for tourists in Argentina – Bits Media

BITSO cryptocurrency exchange launches the QR payment service, which will allow tourists arriving in Argentina to pay for goods and services with cryptocurrencies, without resorting to third -party exchange services.

Starshy vice president on my product Bitso Santiago Alvarado (Santiago Alvarado) stated, that most restaurants, supermarkets and stores in the country are ready to accept payment for their goods and services through QR payments and have concluded an agreement with the exchange.

“Offering this product to foreigners, visiting Argentina, We help them use their money and time as much as possible, Avoiding the exchange of cash for local currency, and make contactless cryptocurrency payments in seconds directly from their phones. ", - said Alvarado.

He explained, that this will help not only increase the safety of Argentina guests, but will also avoid unnecessary and often confusing cash exchange transactions in the country, where there is more 14 various exchange rates of dollar.

The QR payments service will allow tourists to pay in stablcoins, as well as in bitcoins (BTC) and ether (ETH). The conversion of funds will occur at the time of payment, In this case, the counterparty will receive a payment in the Argentine peso.

Bitso Latin American Exchange announced the launch of the payment system with digital assets for goods and services in September. According to the project team, This will help all participants and users of the system protect themselves from growing inflation and volatility of the course of Argentine peso.