New partnership will provide greater financial freedom to the unbanked, servicing 600 operators in 160 countries
Dash, the top digital currency for payments, today announced its partnership with Bitrefill, the largest cryptocurrency top-up prepaid phone company, reaching over 160 countries and supporting 600 operators worldwide, including Verizon Wireless, TMobile, and AT&T. The partnership will allow Dash customers to pay for their mobile recharge phone, monthly bills, and vouchers for prepaid mobile services, as well as the gaming platform Steam, through Bitrefill’s platform.
Bitrefill, which currently supports Bitcoin and Litecoin as forms of payment, indicated strong demand from customers to integrate Dash due to its low fees, and near instant transaction speeds.
Director of Global Business, Bradley Zastrow said, “Dash’s ability to transact at near Visa like speeds with our InstantSend feature, as well as enable double-spend protected transactions, make it ideal for commerce partners like Bitrefill. We offer a solution that eliminates fraud while also providing an extremely fast form of payment, critical to the user experience. As a bonus, Dash will soon be offering a 10% discount when buying either phone or Steam vouchers using Dash through Bitrefill’s platform.”
Both Dash and Bitrefill share a similar mission to help service the underbanked and unbanked across the globe. As a result, both companies currently boast significant, overlapping customer bases in several countries- such as Venezuela, Chile, and Zimbabwe- that are plagued by the effects of hyperinflation and insufficient financial services such as digital payments providers. The new partnership will help both companies continue their expansion in these critical markets, offering cheaper, more efficient alternative payment methods to users.
CEO of Bitrefill, Sergej Kotliar, said, “We service underbanked communities around the world, and Dash’s InstantSend transactions and low fees will further help these communities. We look forward to working with the Dash community to make paying for prepaid mobile phones more affordable and efficient.”
Dash is the leading e-commerce and payments-focused digital currency, and the rising alternative to bitcoin. With over 1000% year over year growth in both value and trading volume since 2015, Dash has been consistently ranked in the top ten digital currencies by market capitalization and only one of the few offering safe, decentralized financial solutions to real world problems. Dash offers a form of money that is portable, inexpensive, divisible, and fast. It can be spent easily and instantly online at merchants across the globe, at much lower fees than credit and debit cards. With over 50 members on the development team and a unique blockchain mining and treasury model, Dash is the only major self-funded, self-governed organization in the cryptocurrency industry. This allows for constant development and funding for the entire project so community members can upload and vote on proposals, and if they are approved, they are paid for directly from the blockchain. Dash plans to unveil their landmark product Dash Evolution, the industry’s first easy to use decentralized payments platform in 2018.
Bitrefill allows people all over the world to use cryptocurrency to pay for their prepaid phones, bills and other vouchers. Backed by Boost, Draper Associates and 500 Startups, Sweden-based Bitrefill has active customers in over 160 countries and are one of the world’s largest cryptocurrency merchants. Bitrefill’s vision is allowing people all over the world to use cryptocurrency as money to pay for their everyday expenses straight from their phone – to anyone, anywhere, anytime.