Crypto platform XBO.com taps PayRetailers to improve deposits and withdrawals in LATAM

Rick Steves

“Using PayRetailers’ array of payment methods will allow us to tap LATAM markets and offer a fast and frictionless experience to our clients when it comes to fiat on-ramping and off-ramping.”

LATAM-based cross border payments specialist PayRetailers has partnered with crypto exchange XBO to boost the platform’s expansion in the continent.

PayRetailers boasts more than 250 available payment methods and operates from 9 offices throughout Latin America. By partnering with PayRetailers, XBO opens the door for Latin American users to seamlessly trade and invest cryptocurrencies on the XBO platform as well as exchange fiat for crypto.

PayRetailers enhances XBO’s fiat on-ramping and off-ramping

PayRetailers’ various APM methods will be integrated into XBO, allowing the exchange’s LATAM users to swap crypto for fiat, withdrawing it directly to their bank account.

XBO.com recently launched its platform that merges gaming-inspired UI and top security solutions to offer traders a user-friendly and reliable alternative to existing exchange platforms.

The platform offers a loyalty program that guarantees benefits to users with each accumulation of points and transition between the stages, as well as one of the most appealing referral programs on the market today with luxurious trading fee rewards.

PayRetailers’ payment platform leverages API technology to connect Latin American users with international merchants, offering a seamless payment experience. From the merchant’s perspective, the solution has the distinct advantage of eliminating the hurdles associated with integrating multiple acquirers and payment methods, setting up several local entities, and managing pay-in and payout processors individually.

Gilad Shalem, Chief Payment Officer at XBO.com, commented: “Using PayRetailers’ array of payment methods will allow us to tap LATAM markets and offer a fast and frictionless experience to our clients when it comes to fiat on-ramping and off-ramping.”

XBO.com meets the need for a user-friendly and accessible crypto trading platform. Leveraging an intimate familiarity of crypto users’ pain points and a deep understanding of social gaming UX, XBO.com makes buying and selling digital assets simple and enjoyable for both amateur and experienced crypto users who find traditional crypto trading platforms intimidating.

Last week, XBO.com announced the launch of its Crypto Exchange with a gaming-inspired UI to make buying and selling digital assets easier, securing licenses in Australia and Poland.

Read this next

Digital Assets

SEC apparently approved Ether ETF as VanEck’s listed by DTCC

Amid increasing speculation about the possible approval of a spot Ether (ETH) exchange-traded fund (ETF) in the United States, global investment manager VanEck’s ETF has been listed by the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol “ETHV.”

blockdag

Unlocking Investment Potential: Introducing MoonBag Presale, the Cryptocurrency Set to Surpass ApeCoin and Bitbot

Discover MoonBag Presale, the cryptocurrency set to surpass ApeCoin and Bitbot. Unlock your investment potential now!

Fintech

Playtech sees promising growth despite dispute with Caliplay

Gambling technology group Playtech plc (LSE: PTEC) reported solid financial results for the four months to April 30 as B2B growth and Snaitech’s record performance pushed it towards large gains in revenue.

Chainwire

Multipool Launches LBP on Fjord Foundry Raising $200k in 24 Hours

Multipool, a leading innovator in the blockchain and cryptocurrency industry, launched their Fjord Foundry LBP on May 21st, raising $200k in the first 24 hours.

Chainwire

$BEER, a New Solana-Based Memecoin completes Pre-Sale of 30,000 SOL this week

The Liquid Gold, $BEER, has become the most discussed topic on Solana over the past two weeks. $BEER has skyrocketed into Twitter trends across Europe & Asia, captivating beer lovers worldwide.

Digital Assets

Hong Kong regulator orders Worldcoin to cease operations over privacy concerns

Hong Kong’s privacy regulator has ordered Worldcoin Foundation to cease all operations of its cryptocurrency project in the city, citing risks to privacy and personal data.

Inside View

MT4 vs MT5: Which Should You Choose for Crypto Trading?

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two sophisticated trading platforms developed by MetaQuotes Software. Although MT4 is the more widely adopted choice, traders must determine which platform is better suited for them and understand the reasons behind this choice. Here’s everything you need to know.

Digital Assets

Intentable.io Launches Intent-Centric Architecture and Marketplace

Discover how Intentable.io, formerly Kiroboflow, is revolutionizing blockchain interactions with its Intent-Centric Architecture and new marketplace for intent-based strategies.

Digital Assets

Crypto ETFs, retail trading spike as Bitcoin nears record highs

BlackRock’s spot bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, saw a record amount of cash injection after a quiet few weeks of net outflows. The healthy metrics came as bitcoin briefly traded above the $71,000 level for the first time in a month.

<