SunCash, which plans to be the largest payment operator and mobile money company in the Caribbean and Latin American region, is licensed by the Central Bank and Securities Commission of the Bahamas.
Thanks to this regulatory approval, SunCash is now recognised as a trusted party capable of transacting money and empowering consumer transfers internationally.
SunCash operates in 35 locations and has over 150 kiosks as well as featuring over 350 places of business, including casinos.
The payment provider's service is already used by over 140,000 consumers who opt for both the physical and online aspect of the service. Thanks to SunCash, CasinoCoin players will be able to enjoy over the counter purchases of multiple cryptocurrencies using the SunCash app.
Presently, the partnership is in Phase 1 with the CasinoCoin Foundation supporting SunCash with a central API to make all operations easier. Phase 2 is soon going to get underway.
SunCash CEO Desmond Pyfrom highlighted some of the inherent benefits of opting for this solution: “We provide our customers with the tools to make and accept secure payments globally so as to minimise the risk of fraud, and to provide a trusted environment for payments.”
CasinoCoin Foundation Director Daniel Keller added that his company was looking to take the crypto experience to the next level in The Bahamas.
In a press release Keller hinted that there are neat things are in store, expressing his own enthusiasm for the upcoming tools.
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