AirFox has Partnered with Via Varejo for Payments Solutions
Airfox Brazilian subsidiary of CarrierEQ Inc has confirmed a partnership with Via Varejo through Reuters. The partnership will see the development of mobile digital payment solutions to those with limited access, underbanked or unbanked. Airfox successfully completed an ICO in 2017 with Launch Capital and Next Ventures leading investments.
The application will use your mobile phone as the wallet making it easily accessible. The app can be used to pay for services whilst on the move. AirToken is an ERC-20 utility token used to expedite the transfer of mobile airtime, data and currency whilst also used as payment for goods and services. A user could buy crypto to pay for their utility bills such as water or electric.
Tokens are currently available for purchase on three exchanges only paired with other cryptocurrencies. Someone looking to purchase AirTokens may require a broker such as BC Bitcoin to buy Bitcoin first to trade for the tokens. Availability of the token will grow as it is listed on more exchanges.
It is reported by The World Bank over two billion people do not have a bank account having to pay for utilities using traditional methods which are time consuming and inefficient. Most unbanked people do not know how to buy Bitcoin or where. These people also cannot access conventional financial services due to this.
The platform also acts as a lending service to those that do not have a bank account or credit rating. AirTokens permit the transfer of capital from peer-to-peer lending to users of the app in the form of microloans. A trader could buy cryptocurrency to lend through this platform and generate a return. Users of the app can build a trustworthiness score which will determine their risk and amount they can borrow. Capital is lent anonymously using AirTokens, paid back in instalments to the lenders.
Airfox is addressing the limitations in access to financial services people experience such as institutions being too far away or accounts being too expensive. A financial service is currently required to buy crypto to get involved with the project but aspire for easier access in the future.
To make sure you keep up with the latest news or to buy crypto, head on over to BC Bitcoin your trusted UK Cryptocurrency broker.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards