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Author Topic: [2014-07-17] WSJ - South Africa’s PayFast Incorporates Bitcoin as Payment Option  (Read 1040 times)
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July 17, 2014, 09:56:33 PM
 #1

http://blogs.wsj.com/moneybeat/2014/07/17/south-africas-payfast-incorporates-bitcoin-as-payment-option/

Great news in South Africa!
I'm a little curious how the exchange BitX will trade on it's own exchange though?

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July 18, 2014, 06:48:26 AM
 #2

I just hope that this doesn't end up like the now defunct Kipochi/M-Pesa Bitcoin-fiat transfer system. Africa holds a lot of promise for Bitcoin. But we need to find the best method to utilize that potential.

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July 20, 2014, 05:59:05 PM
 #3

Nice. I hope bitcoin takes off in the remittance market. The potential is huge there and the benefits are clear.
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July 20, 2014, 06:53:23 PM
 #4

Seems they also getting a Bitcoin ATM in Cape Town.

Yea 30 000 seems like a small percentage, but it's a huge start and a world first for payment processors.  Grin

Just need to see how they going to regulate it. 

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