Douglas, Isle of Man - October 12th, 2022 - CoinCorner is expanding its Bitcoin and Lightning services to El Salvador, making Bitcoin payments in the country more efficient and user-friendly with its contactless Bitcoin Lightning card, The Bolt Card.
From today, residents of El Salvador will be able to open an account and access CoinCorner’s full range of Bitcoin and Lighting services. USDT will also be available on the platform for El Salvador users, as well as full functionality for The Bolt Card.
CoinCorner announced The Bolt Card earlier this year as the world's first contactless card, powered by near-field communication (NFC) and the Bitcoin Lightning Network. The Bolt Card is revolutionizing the Bitcoin payments industry with its simple “tap to pay” feature.
El Salvador became the first country in the world to make Bitcoin legal tender in September last year, meaning that businesses across the country could accept Bitcoin as payment for goods and services. CoinCorner CEO, Danny Scott, believes The Bolt Card will help improve the Bitcoin user experience in the country.
Scott said, “We’ve seen reports of a poor Bitcoin user experience in El Salvador which we hope The Bolt Card will improve - it’s a cheap, easy-to-use, offline solution for Bitcoin Lightning payments.”
As part of the expansion, CoinCorner has been working with IBEX, the Lightning infrastructure services company, to add NFC support to the IBEX Pay platform, meaning The Bolt Card will soon be compatible with any business in El Salvador using IBEX Pay.
Scott said, “The Bolt Card is interoperable with other Lightning wallets and gateways, meaning it will work at any business that uses a NFC-enabled wallet or gateway. Working with IBEX is exciting as they were instrumental in the rollout of Bitcoin as legal tender in El Salvador and onboarding businesses in the country to accept Bitcoin, which includes household names like Starbucks and Pizza Hut.”
Residents of El Salvador can sign up for a CoinCorner account today at www.coincorner.com/register.