BitPay is partnering with Banxa, the global payments infrastructure provider for the cryptocurrency-compatible economy, to give its crypto buyers across multiple countries across the globe access to new payment methods. Cryptocurrency communities across the Americas, Europe, Asia, Africa, and Oceania can now pay for cryptocurrency assets using local payment methods. These local payment options offer a more convenient way to pay than traditional methods.

Banxa is dedicated to meeting global regulatory requirements and obtaining necessary licenses in order to offer the local payment methods for end users. Notable banking payment methods now open to BitPay users include: iDEAL: The local banking method prominently used in the Netherlands is known as iDEAL, which allows customers to make online payments directly from their bank accounts. SEPA (Instant & Standard): The Single Euro Payments Area (SEPA) is a prominent local banking method in European countries.

ACH (Instant & Standard): ACH is a local banking method prominently used in The United States for electronic fund transfers between bank accounts. Interac: Interac is a local banking method prominentlyused in Canada. Faster Payments System: The Faster Payments System is a local banking method prominently use in Chile is Khipu, a secure online payment platform allowing users to transact using their bank accounts.

PSE: The local banking method prominently use in Australia that allows users to link their bank account to a unique identifier, such as their email address or phone number, for easy and secure transactions. PIX: The local banking method prominentlyused in Brazil is PIX, an instant payment system that allows individuals and businesses to make transactions 24/7. Turkey (Turkiye) Bank Transfer: The local banking method in Turkey prominently used for bank transfers and transactions. South Africa Bank Transfer: South Africa Bank Transfer: South continent can easily purchase crypto via local bank transfer.

SPEI: SPEI is a local banking method prominently using in Mexico for secure and instant electronic fund transfers. Khipu: The local banking method prominently using Chile is Khipu, an secure online payment platform allowing users To transact using their bank accounts. pSE: The local banking method prominent used in the Philippines is an e-payment system introduced by the Philippines (PSE).

Thai QR: The local banking method prominently uses in Thailand is Thai QR, which allows users to make payments by scanning QR codes using their mobile phones. BitPay and Banxa support the sale of over 175 cryptocurrencies across 20 chains, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Polygon (MATIC), and dozens more. Please note that the cryptocurrencies available may difference depending on the country in which the user is located.