FastBitcoins Partners With Flexepin for expansion into Africa.
FastBitCoins has announced its partnership with Flexepin, a voucher giant for global expansion and entry into 14 African countries.
The partnership will allow Flexepin users to redeem their pre-paid cash vouchers via the FastBitCoins website.
It will also provide mobile money services to customers in Kenya, Uganda, Ghana, Zambia, and Namibia.
According to Effie Dimitropoulous, the Global Operations Manager of Flexepin, “Flexepin is happy to be a new funding method on the FastBitcoins site. Since 2016 Flexepin has become the leader in prepaid vouchers used at cryptocurrency exchanges globally. Every day, consumers worldwide use Flexepin to purchase their first cryptocurrency, and many more use it to add to their holdings. They choose Flexepin because of its convenience and safety. Flexepin is continually expanding its distribution network with thousands of online and offline locations being added regularly. We are sure that FastBitcoin’s customers will realize the benefits of using Flexepin.”
Also, Danny Brewster, Managing Director of FastBitCoins, stated,“The partnership with Flexepin is a major milestone for our business, allowing us to provide significantly more of the world’s population with a simple and familiar way to buy Bitcoin. Our mission is to create a billion bitcoiners around the world. I’m pleased to say this partnership with Flexepin will help put a dent in helping us achieve this goal.”
Flexepin a subsidiary of ASX-listed payments company Novatti, focuses on allowing the unbanked to make online payments without using a credit or debit form of payment but instead, an alternative means of payment.
“The big one for me, personally, is we can accept mobile money payments in 14 countries in Africa,” said FastBitcoins CEO Danny Brewster. “So, users in places like Kenya or Uganda can use M-Pesa or MTN Pay on their mobile phone to buy a Flexepin voucher which is then redeemed for Bitcoin via us. We charge only 4.5%. The best price equivalent on, say, Paxful, charges 40%. That’s all through this Flexepin deal.”
With this partnership, FastBitCoins joins other leading Africa cash for bitcoin providers.
FastBitCoins is a BitCoin exchange that allows bitcoin euthensist purchase bitcoin using cash via their global network of retailers.