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  • Tech - News - Startups
  • Updated: March 02, 2020

Nigerian Firm Launches Africa’s First Bitcoin ATM Card

Nigerian Firm Launches  Africa’s First Bitcoin ATM Card

 

A Nigerian firm, Patricia, launches its exclusive Patricia Bitcoin Automated Teller Machine (ATM) Card popularly called Africa’s First Bitcoin card by users.

Patricia Bitcoin Atm Card is a global project that clarifies the way users associate with bitcoin, giving them access to do everyday financial transactions.

The company stated that with the specialized card, both old and new users have full access to withdraw cash directly from their BTC or Naira wallets, make POS and web transactions, and as well withdraw cash, do transfers on any ATM just like the regular bank’s ATM card.

However, with this level of achievement, the company still strives for more as it aims to leverage its insights and customer-centric services, engage new customers, and reach new markets and segments.

The company added that it is committed to financial inclusion, focused based product development, and above all are set to positively navigate its impact in the economy.

In a statement by Founder, Patricia Technologies Limited, Fejiro Hanu Agbodje, said; “The thing about vision is that it should be ambitious and futuristic, but achievable. We understand that payments won’t (and can’t) change overnight and that there will be a long transitional phase before the world starts to fully transact in digital currencies. That’s why we combine digital infrastructure with existing card processing and banking infrastructure.

“This is a necessary step to drive the mass adoption of digital cryptocurrencies. With the Patricia card, our users all over the world have access to cash, pay bills, make over-the-counter or inshore transactions, buy data and make subscriptions. We will allow you to spend your bitcoin, anytime, everywhere and anywhere,”

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