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Paycorp & Triple-A Revolutionize Digital Cash Withdrawals in South Africa

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Paycorp has joined forces with Triple-A, a digital currency payment institution, to enable users of the Paycorp-powered CryptoExpress app to withdraw cash using their digital currencies at over 3,000 ATMs in South Africa.

 

This groundbreaking partnership facilitates a seamless method for digital currency holders to convert and withdraw their funds in South African Rands, marking a significant stride in incorporating digital assets into everyday transactions and fostering financial inclusion.

Leveraging Paycorp’s extensive experience in payment solutions, the collaboration utilizes Paycorp’s “Cash Express” ATMs, strategically positioned nationwide. The CryptoExpress app extends beyond standard cash withdrawals, supporting various digital wallet transactions and voucher cash-outs, showcasing the evolving financial landscape where traditional banking and emerging payment methods converge.

In collaboration with Triple-A, the CryptoExpress app enables cash-outs from Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether (USDT). The app is available for free download on iOS and Android app stores, offering a user-friendly experience.

Upon registration and onboarding, CryptoExpress app users can authorize transactions in their digital currency wallet, generating a withdrawal voucher PIN within the app. Subsequently, users can insert their mobile number and withdrawal PIN at a Cash Express ATM for a seamless cash withdrawal.

Commenting on the strategic partnership, Steven Kark, CEO of Paycorp, emphasized the commitment to enhancing cash accessibility, stating, “By collaborating with Triple-A, a trusted leader in the digital currency payments space, we provide a new and convenient way for crypto holders in South Africa to access and utilize their digital assets.”

Echoing the sentiment, Eric Barbier, Triple-A Founder and CEO, stated, “Triple-A is thrilled to partner with Paycorp, a powerhouse in the payments industry. Together, we are expanding the ways people interact with their digital currencies, aligning with Triple-A’s mission of bridging the gap between digital and traditional currencies.”

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