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News November 18, 2024

Félix Pago Expands to Central America With Support From Mastercard

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Stellar Backed Félix Pago has partnered with Mastercard to expand its chat-based digital remittance services into Central America, covering El Salvador, Honduras, Guatemala, and the Dominican Republic. The collaboration aims to enhance financial access in underserved regions, using blockchain and AI to provide secure money transfers via WhatsApp. In 2023, remittances from the US to Latin America reached $155 billion, underlining the substantial market demand.