Australian blockchain firm DigitalX has inked an agreement with AT&T Comunicaciones Digitales, a subsidiary of AT&T Mexico, to facilitate remittances and transfers between AT&T users in the US and Mexico.
Under the agreement, consumers can use DigitalX’s mobile bill pay and remittance product, AirPocket, to transfer funds directly into mobile phone accounts of users on the AT&T Mexican network.
DigitalX will charge fee on the value of the mobile topup, with the mobile topup ranging between $0.50 and $50 per transaction.
DigitalX said that the integration of the AirPocket App into AT&T’s network is expected to be completed by the end of October 2016.
DigitalX CEO Alex Karis said: “AirPocket is quickly being recognised as the most secure and effective funds and value transfer solution in the global marketplace. Partnering with global heavyweights like AT&T and Telefonica further validates AirPocket as a best of breed solution in this space and offers a unique opportunity to drive customer acquisition at negligible cost as commercialisation ramps up.”

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By GlobalData