Mexico launches new Wallet for traditional banking services

The Mexican Fintech Bitrus impacts the technology market with the launch of a Bitrus Wallet for investors, with the aim of providing users with traditional banking services as well as improving financial inclusion. With the innovative tool, investors will be able to open an account in less than three minutes, make national and international money transfers and make payments for more than 100 services.

The information was published on October 28 through the Mexican newspaper El Financiero, where Bitrus co-founder Isaac Kohab reported that “Of the 100 percent of people who have a bank account, only 22% use the bank online, so we have a great opportunity to improve financial inclusion in the country. ”

He also said that “We want people to forget to go to branches, our target audience is anyone who is not bankrupt, we want to promote financial inclusion; there are about 50 million Mexicans without a bank account, but if they have a smartphone, so we want to reach them. ”

Blockchain Ecosystem Expansion

Through the article it was also announced that the company plans to make available “a social network to disseminate in the country the culture of cryptocurrencies” called Bitrus Exchange.

Aberto Djemal, deputy general manager of the Mexican Fintech company, said “we are gradually entering the digital era linked to blockchain technology and digital currencies and for this reason it is necessary to provide all the information available to users through this social network where transactions with virtual assets can be made. We intend to create a community that currently does not exist in the country.”

K.Villarroel

Source: cointelegraph