Strike's Send Globally Feature Now Available in Guatemala
The feature enables cheap and lightning-fast cross-border remittance payments and currency conversion.
- "Strike has partnered with Osmo in Guatemala to enable transfers from U.S. dollars that are received as local currency in a recipient's bank account or Osmo wallet, offering a fast, low-cost and secure alternative to traditional remittance providers."
- "While the majority of Guatemalan residents own a smartphone, an average of 60% of adults do not have a bank account."
- "By providing Osmo customers the option to cash out their Bitcoin balance at over 8,000 participating retail locations, as well as use it to pay at over 250 in-store and online merchants, the partnership makes an important contribution to expanding financial access in the country."
- Guatemala is the 11th country added to Strike's Send Globally feature since its launch in December 2022, following the Philippines, Vietnam, Benin, Ivory Coast, Ghana, Nigeria, Kenya, Rwanda, Senegal and Togo.