Bitcoin exchange Bitso partners with Paycase for Canada-Mexico remittances

posted 9 months ago
Mexican bitcoin exchange Bitso has been working with Canadian payments startup Paycase to create a new remittance corridor between the two countries.

Bitso said it has been working with Paycase to send funds from bank accounts in Canada to others in Mexico.

In one instance, the firms said today, a fiat currency micropayment was sent from a Canadian bank to Paycase before it was transmitted to Bitso using bitcoin, before finally settling as fiat in a Mexican bank account. According to the startups, the entire process took roughly three minutes to complete.
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