UK Remittance Service TransferGo Turns To Cryptocurrency

Cryptocurrency as a whole movement is making strides in the fintech environments. Every day more and more traditional companies include crypto services in their portfolio to let their customers test the use of these new crypto assets, and enjoy the benefits that come from it. This time, a remittance UK based service called TransferGo is the organization that is launching a cryptocurrency exchange business to complement their main activity, and also to allow users to send remittances to other countries faster by using this technology.
TransferGo is a remittance service that has its headquarters in London, and that works with digital accounts to fulfill its role of as a remittance gateway, where it is a big player. TransferGo has a userbase of more than 600,000 customers, who will be able now to buy and transfer cryptocurrencies from the same organization fintech platform. Operating in more than 60 countries, and managing transaction in more than 22 currencies, it is a good opportunity to show users the power that cryptocurrency has for speeding up remittances.
As a start, TransferGo will offer only exchanging and wallet services for the most known and used cryptocurrencies in the market: Bitcoin, Ethereum, Bitcoin Cash, Ripple, and Litecoin; but they have plans to expand the offer for other alternate cryptocurrencies if there is sufficient demand to do so.
The remittance business is a big deal today in a globalized economy, and as migration grows and migrants establish themselves around the world, there is a need for these kinds of services to adapt and offer new ways for these people to reach their familiars in an efficient and quick way. TransferGo has reported more than 4,000 users are already using this new service.
Yesterday, it was announced that another traditional payment processor (Skrill) was also getting into the cryptocurrency exchange business by offering cryptocurrency exchange services into their platform. We will see more of these incursions of companies into the cryptocurrency business as crypto massifies in the near future.

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