Ramp Network Integrates Mexico's SPEI for Real-Time Crypto Conversions

Ramp Network has announced the integration of Mexico's SPEI payment system into its platform. The integration allows users to convert cryptocurrencies to Mexican pesos and receive funds in their local bank accounts within 30 seconds. The London-based fintech company's move expands its services in Latin America's growing cryptocurrency market.

Ramp Network has announced the integration of Mexico's SPEI payment system into its platform, enabling instant cryptocurrency-to-peso conversions for Mexican users. The London-based fintech company's move expands its services in Latin America's growing cryptocurrency market.

SPEI (Sistema de Pagos Electrónicos Interbancarios), Mexico's interbank electronic payment system, processes an average of 80.9 million payments monthly. The integration allows users to convert cryptocurrencies to Mexican pesos and receive funds in their local bank accounts within 30 seconds.

The development comes as Mexico establishes ...