meXBT Presents Its New Platform for Crossborder Payments

Las Vegas , October 27, 2015 (Newswire.com) - This week, mexBT will present Pay.meXBT, its new payment platform for emerging economies, at Money 20/20, 2015, one of the most important global events for financial innovation.

Pay.MEXBT is a new platform for international payments that will facilitate international payments between Latin America and Asia, cementing meXBT’s position at forefront of digital financial solutions in emerging markets. The new platform allows payment in fiat currency from one country to another in a matter of minutes, leveraging Bitcoin and the blockchain.

The opening of this new platform will have a positive impact on trade between Mexico and other countries, offering more business options for the Pymes and Transnational.

Gabriel Mirón, CEO of meXBT.

“The opening of this new platform will have a positive impact on trade between Mexico and other countries, offering more business options for the Pymes and Transnational,” said Gabriel Mirón, CEO of meXBT.

A key component of the platform is underlying technology developed by New York-based AlphaPoint.  “All too often, businesses and individuals in emerging markets face excessive fees and outdated settlement times when sending money abroad,” said Joe Ventura, AlphaPoint Founder & CEO.  “We’re thrilled to see our members connect across the platform to create new, high-efficiency payment corridors to address this problem.”

In addition to Mexico, the new service, allows payment in local currencies for Brazil, Singapore, China, and Indonesia. "We are looking to speed up payment processes and remove the risk and delay often involved in FX conversion - for example, you can pay in MXN and your counterpart will receives the equivalent in CNY in real-time,” said Joel Cano, COO of meXBT.

The managers of meXBT will leverage their visit to Las Vegas, hosting investors and potential customers at Booth #2551.

ithin the next 12-18 months, the company will continue to expand in Latin America and Asia. “Connecting emerging markets in Asia and Latin America presents one of the most important and pressing applications for blockchain technology,” said Mirón, “and we are very excited to be at the forefront of these efforts.”

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About meXBT.com is a registered trademark of Exchange of the Americas SAPI de CV, a company incorporated in Mexico City that has a technology platform and the legal framework and necessary for users to exchange digital currencies assets and tax the safest way.  meXBT was established in March 2014. For more information visit our website: meXBT .com Twitter:mexbt / Facebook: / mexbt

Press Contact: meXBT  

Marco Calvo / Percepción & Imagen / +52 (55) 5281.1407  marco@ percepcion .org 

 ​About AlphaPoint

AlphaPoint is a financial technology company that powers digital currency exchanges and provides institutions blockchain-enabled solutions to store, track, and trade digital assets. Its secure, scalable, and customizable platform can process nearly 1 million transactions per second, enabling customers to innovate, differentiate, and transform their businesses. As the world's leading white label exchange provider, AlphaPoint powers over 20 digital asset exchanges on 5 continents, and is led by a seasoned team with 35+ years in financial technology. AlphaPoint has offices in New York City, Philadelphia, and San Francisco.  

About Money 20/20

Money20/20 organizes the largest global events enabling payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 10,000+ attendees, including more than 1,000 CEOs, from over 3,000 companies and 75 countries expected at its 2015 U.S. event, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend, and borrow money.  To learn more about Money20/20