New solution hopes to boost adoption
has announced the launch of Send Cash in Latin America, a new product that will allow users to transfer crypto via Binance Pay from nine countries in the region, namely, Colombia, Honduras, Guatemala, Argentina, Costa Rica, Paraguay, the Dominican Republic, Panama and Mexico.
In its first stage, users would be able to transfer their crypto through Binance Pay to send funds to recipients with bank accounts in Colombia and Argentina at low costs through Send Cash. This way, family and friends can receive money directly into their bank accounts. The new solution hopes to boost adoption as more people will be able to use Binance Pay and the services of licensed providers to make their digital transfers.
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