IBEX Mercado, a bitcoin Lightning payment service provider, has announced a new partnership with Grupo Salinas, one of Mexico’s largest corporate conglomerates.
“More than four million Mexicans can now pay with bitcoin for their cable, internet, and telephone services,” IBEX CEO Jose Lemus said on stage as he announced the partnership. “With this partnership, we are opening the doors to every bitcoin and Lightning company and financial technology company that wants to use Lightning technology… [we will be] launched a new technology by Grupo Salinas that enables Mexicans to pay for their groceries using bitcoin, electronics and receive remittances. Lemus explained his excitement about the announcement, saying it’s the “tip of the iceberg of what’s going to happen in Mexico.”
The collaboration marks a major step in Mexico’s adoption of bitcoin and Lightning. In addition, the integration of Lightning payments through IBEX with Total Play opens up new possibilities for fast and efficient transactions for Total Play customers.
“The real value of this technology is not about paying for a cup of coffee differently,” Lemus said. “In a world where we have more digitization of our products and services, we need better payment technology… we don’t have enough payment technology – but now we do, with Lightning.”
The integration of bitcoin Lightning with the products and services of Grupo Salinas through IBEX can put Mexico at the forefront of the digital revolution, providing citizens with a safe, modern and efficient payment option.