15 November 2023 – Attention South African crypto enthusiasts! The solution to effortlessly converting your cryptocurrency into cash has arrived with the launch of the CryptoExpress app by Paycorp, a leading global payment company. Now, you can withdraw your cryptocurrency as cash in rand denominations at over 3,000 Cash Express ATMs nationwide.
Gone are the days of enduring lengthy processes to sell your crypto. With CryptoExpress the conversion is simplified, streamlined, faster, and secure. No more navigating through exchanges, creating accounts, and waiting for funds to become available. CryptoExpress ensures a quick, easy, and safe withdrawal experience.
Steven Kark, Group CEO of Paycorp, emphasises the significance of CryptoExpress in providing a swift and secure way for South Africans to access their crypto funds. “By launching CryptoExpress, Paycorp is giving South Africans a quick, easy, and safe way to withdraw their cryptocurrencies as cash from our network of 3,000 crypto-enabled Cash Express ATMs across the country,” says Kark. Cash outs are currently available for Bitcoin, Ethereum, USD Coin, and Tether, all in rand denomination.
The process is straightforward: convert your cryptocurrency through the CryptoExpress app, authorise the transaction in your crypto wallet, and receive a withdrawal voucher PIN generated by the app. To access your cash in rands, simply use your mobile number and the withdrawal PIN at a Cash Express ATM.
Rest assured, the entire process is safeguarded by secure encryption and robust multi-level security measures, ensuring the safety of your crypto and cash. With millions of South Africans invested in cryptocurrencies, as per Statista.com’s estimate of 10.24 million people (16.7% of the population) holding cryptocurrency, the demand for simplified access to funds is on the rise.
“We’re hoping that by making the process simpler, more intuitive, more South Africans will have easy access to their money, something we’re committed to at Paycorp,” comments Kark.
The CryptoExpress app is available for free download on both iOS and Android app stores, making it accessible to a wide audience eager to experience a hassle-free crypto-to-cash conversion.
Learn more about CryptoExpress and converting your crypto to cash, on cryptoexpress.co.za
About Paycorp
Paycorp, a global payments company headquartered in South Africa, operates in Southern Africa and Eastern Europe with offices in seven countries and over 400 highly skilled employees. With almost 25 years of experience, Paycorp is a respected payments provider that offers a wide range of payment products and services, including cash management, transaction processing, value-added services and business funding.
Paycorp’s goal is to connect more people to their money and more businesses to their customers, and the company culture thrives on an ethos of having fun, making money, and doing good.
For more information about Paycorp and its range of payment solutions, please visit www.paycorp.co.za.