Félix Pago: Revolutionizing Remittances with Crypto and AI

Félix Pago is revolutionizing the remittance industry by leveraging blockchain and AI to make remittances as simple and fast as sending a message. The platform claims to be the world’s first chatbot on WhatsApp that allows foreign-born Latino immigrants in the US to send remittances abroad.

The World’s First WhatsApp Chatbot for Remittances

In an interview with Bernardo Garcia, Co-Founder of Félix Pago, he shared how the platform was built to meet Latinos where they are and help them save time and money when sending money back home. “Our platform serves hard-working foreign-born Latino immigrants that live in the US and provide support to their family members that stayed in their home country,” said Garcia. “We leverage blockchain and AI to make remittances as simple and fast as sending a WhatsApp message.”

Félix Pago uses stablecoins to get the customer’s funds from the US to Mexico. When a customer pays for a remittance, Félix takes the funds, converts them into stablecoins, and executes the necessary trades in crypto to get the Mexican pesos into the hands of the customer’s beneficiary in real time. Garcia explained that using stablecoins allows Félix Pago to provide customers with the lowest possible cost while ensuring the funds get from A to B in real time.

Crypto as Part of Félix Pago’s Operations

Since introducing crypto into their operations, Félix Pago has experienced the benefits of faster and cheaper transactions. Garcia points out that traditional cross-border transactions via rails like Swift can take days and be very expensive. The use of stablecoins allows Félix Pago to provide customers with the lowest possible cost while ensuring the funds get from A to B in real time.

In the interview, Garcia highlighted the importance of financial inclusivity for foreign-born Latinos living in the US. “We built Félix Pago to meet Latinos where they are, on WhatsApp, and to help them save time and money when they take care of their loved ones,” said Garcia. By leveraging blockchain and AI technology, Félix Pago is providing financial inclusivity to foreign-born Latinos living in the US.

The Future of Crypto

When asked about the future of crypto, Garcia believes that it’s when crypto powers our day-to-day lives and we don’t even notice it. Félix Pago’s mission is to simplify the remittance process, making it as easy as sending a message on WhatsApp. The company’s innovative use of blockchain and AI technology is providing financial inclusivity to foreign-born Latinos living in the US. As the crypto revolution continues to grow, it’s exciting to see how companies like Félix Pago are embracing this technology to make a positive impact on people’s lives.

Félix Pago is also creating job opportunities for Latinos. In the interview, Garcia explained that the company is run by Latinos and that they are creating jobs for Latinos as well. Félix Pago’s mission is not only to provide financial inclusivity to foreign-born Latinos living in the US but also to empower the Latino community.

With its mission to empower the Latino community and create job opportunities for Latinos, Félix Pago is leading the charge in the crypto revolution.