In 6,000 retail outlets including all 7-Eleven stores across the Philippines, people can buy Bitcoin (BTC), thanks to the new partnership between Abra, a global investment app and ECPay, Electronic Commerce Payments.
This partnership means Abra users can conveniently add money to their Abra wallet though these stores.
The idea is to make moving cash to crypto and other digital assets simple and fast and this partnership is another step towards making cryptocurrency use and investing simple and accessible to everyone.
Now, anyone with an Abra wallet can convert cash to crypto by locating a CLIQQ kiosk inside any 7-Eleven store in the Philippines.
From there, the user has to find Abra listed under “Bills Payment” option and add the amount to deposit in their wallet — the minimum deposit is of PHP500 and the maximum amount is of PHP100,000.00 on a daily basis with a two percent transaction fee.
Cash is added to the Abra wallet within 1-2 business days, except for weekends and holidays, which can then be used to invest in any of Abra supported crypto assets.