Mercado Libre Enables Cryptocurrency Transactions in Chile Through Mercado Pago
According to reports, Mercado Libre, the largest e-commerce company in Latin America, has enabled cryptocurrency transactions in Chile through its digital wallet, Mercado Pago. Use
According to reports, Mercado Libre, the largest e-commerce company in Latin America, has enabled cryptocurrency transactions in Chile through its digital wallet, Mercado Pago. Users of Mercado Pago in Chile can now trade Bitcoin and Ethereum for as little as 50 Chilean pesos (equivalent to $0.063). Mercado Pago partnered with Latin American cryptocurrency company Ripio to provide transaction functionality. The company previously launched cryptocurrency transactions in Brazil in December 2021 and launched the same service in Mexico the following year. Osvaldo Gimenez, head of financial technology at Mercado Libre, said that since December 2021, more than 2 million users have conducted cryptocurrency transactions on Mercado Pago in Brazil, while in the first month after the launch of the feature in Mexico, more than 150000 users have conducted transactions.
Mercado Libre enables cryptocurrency transactions in Chile through a digital wallet, Mercado Pago
As the largest e-commerce company in Latin America, Mercado Libre is always on the lookout for ways to extend its offerings to its customers. That’s why, in partnership with Latin American cryptocurrency company Ripio, it has enabled cryptocurrency transactions in Chile through its digital wallet, Mercado Pago.
# Outline:
I. Introduction
A. Brief overview of Mercado Libre
B. Partnership with Ripio
C. Enable cryptocurrency transactions in Chile
II. Details of the Service
A. Cryptocurrency trade in Chile
B. Partnership with Ripio
C. Transaction functionality provided
III. Expansion in Brazil and Mexico
A. Previous launch of cryptocurrency transactions in Brazil
B. Launch of the same service in Mexico
IV. Usage Statistics
A. Mercado Pago in Brazil
B. Inaugural month in Mexico
V. Conclusion
A. Mercado Libre’s commitment to customer service
B. The future of cryptocurrency transactions
C. FAQs
Introduction
Mercado Libre is a leading e-commerce company in Latin America, with a presence in 18 countries, including Chile. The company’s digital wallet, Mercado Pago, enables users to make payments and purchases seamlessly. Recently, Mercado Libre has partnered with Latin American cryptocurrency company Ripio to provide a new service to its customers in Chile: cryptocurrency transactions.
Details of the Service
With the new service, users of Mercado Pago in Chile can trade Bitcoin and Ethereum for as little as 50 Chilean pesos, equivalent to USD 0.063. Mercado Pago has partnered with Ripio to provide transaction functionality, making it easy for users to conduct transactions in a secure and hassle-free manner.
Expansion in Brazil and Mexico
This is not the first time Mercado Pago has launched cryptocurrency transactions. In December 2021, the company launched the same service in Brazil, where more than 2 million users have conducted cryptocurrency transactions since then. Following the success of the service in Brazil, Mercado Libre introduced the feature in Mexico, where more than 150,000 users conducted transactions within the first month.
Usage Statistics
Osvaldo Gimenez, head of financial technology at Mercado Libre, reported that since December 2021, more than 2 million users have conducted cryptocurrency transactions on Mercado Pago in Brazil. In the first month after the launch of the feature in Mexico, more than 150,000 users conducted transactions. These numbers show the growing popularity of cryptocurrencies in Latin America, and the increasing demand for easy and secure ways to trade them.
Conclusion
Mercado Libre’s commitment to its customers is evident in the launch of the cryptocurrency transaction service in Chile. With innovation at its core, the company is always exploring new ways to provide its customers with convenient and secure payment options. The adoption of cryptocurrency transactions is a clear indication of the future of e-commerce, and Mercado Libre is always looking to stay ahead of the curve.
FAQs
Q: What cryptocurrencies can be traded on Mercado Pago in Chile?
A: Users can trade Bitcoin and Ethereum.
Q: How much is the minimum trading amount for cryptocurrency transactions?
A: The minimum trading amount for cryptocurrency transactions is 50 Chilean pesos.
Q: Is it safe to conduct cryptocurrency transactions through Mercado Pago?
A: Mercado Pago has partnered with Ripio to provide secure and hassle-free transactions.
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