Azteco makes big changes. Azteco’s vouchers now are available at 600K locations in Nigeria, 6K Canada and 28K U.K. Better yet, clients don’t need to provide neither bank nor credit card details.
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“Go to your local store and buy a top up voucher just like the ones you’re used to. Enter your Voucher number to redeem,” buying bitcoin with Azteco is akin to recharging your cell phone. “There is nothing to learn or understand; it just WORKS,” the company tweeted. You can also request a detailed game plan. Here it is:
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Complete the following form.
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Get an email with your barcode.
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As instructed, go to the Paypoint or another location.
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Pay by showing the barcode
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You will receive your coupon via email immediately.
However, the headline is about how many locations Azteco has recently visited.
600K Cash-In Locations in Nigeria
One of the most talked about topics regarding bitcoin recently was adoption in an African country. “Nigeria is the number two leading country in Bitcoin adoption, and now, Nigerians have access to Azteco through 600,000 Cash-In locations. We expect an explosion in uptake.” Since the process is identical to acquiring phone credit, people already know how to do everything required.
Azteco allows you to purchase Bitcoin in a very simple way. This is similar to how everyone on the African continent has become used to adding more air-time to their mobile phones. You don’t need to know anything; the system just works.
— Azteco (@Azteco_) March 3, 2022
“Nigerians have total freedom to send and receive Bitcoin from anywhere instantly, reliably and privately,” Azteco promises.
BTC Price Chart for 03/05/2022 at Bittrex | Source: BTC/USD on TradingView.com
Azteco Available At 6K Canada Post Locations
In the post office, “you can buy Loadhub and use it to get an Azteco Voucher. Now Bitcoin is within arms reach of 98% of all Canadian Citizens.” Pay with cash or bank transfer and rest assured that Azteco doesn’t “store any personal information longer than required to fulfill your order, after which we delete that information.”
Here are the very simple instruction for Canada Post’s clerks:
Canada has 6000 Canada Post branches. Each one can be used to purchase Loadhub, and receive an Azteco Voucher. Now Bitcoin is within arms reach of 98% of all Canadian Citizens.🍁 https://t.co/kFIv8dudVw pic.twitter.com/BZtc0hFWXX
— Azteco (@Azteco_) March 3, 2022
Here’s a map with all of the Canada Post’s locations:
An Azteco Voucher can be purchased at every Canada Post Outlet in Canada. Get a Bar Code from https://t.co/kFIv8dudVw take it to your local post office and the instant you pay, your voucher will arrive in your recipient’s email. It’s easy, discreet, safe, fast and secure.🍁 pic.twitter.com/DNlhqmSFfe
— Azteco (@Azteco_) March 4, 2022
Azteco at 28K Additional Locations in The U.K.
Although the vouchers were already sold at a chain supermarket, they are now available in a larger format. “Azteco is now available at 28,000 locations across the UK through PayPoint. Now everyone in the UK has easy, instant access to Bitcoin.”
This process is very simple. You can choose the amount you wish to purchase and your barcode will be emailed directly to any email address. Pay at any Paypoint location by showing your barcode. Once you pay, the Azteco Voucher you purchased is sent to your email address. pic.twitter.com/q8lajO7vWc
— Azteco (@Azteco_) March 1, 2022
Conclusions and Solutions
In today’s world, governments proved that they would go after the finances of entire populations just for the fact that they disagree with their politics. This solution is welcome with open arms. It’s not exactly KYC-free, but close enough.
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“Azteco doesn’t have user accounts, just like Pay as You Go SIM Cards. It’s “disposable Bitcoin” for small amounts,” the company states. Canadians, Nigerians, and U.K. citizens now have access to bitcoin at the physical location they use most often. Without breaking a sweat, they can pay their electricity bill, get bitcoin, or re-fund the phone.
How will this impact the market? It’s not likely. This is because retail buyers represent a tiny percentage of bitcoin users. Do these benefits affect everyday Bitcoin users living in the affected countries? Absolutely.
Blake Wisz, Unsplash Charts and TradingView.| Charts by TradingView