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In a regional first, SukuPay\u2019s crypto-native payment infrastructure is now powering cross-border remittances inside Banco Industrial\u2019s mobile app, Zigi \u2014 marking a significant shift in how Latin American banks adopt blockchain technology.<\/p>\n
The integration allows Guatemalan users to receive U.S.-based transfers in under 20 seconds via their existing banking app, for a flat fee of $0.99, according to a note shared with crypto.news.\u00a0<\/p>\n
Users can initiate payments with a debit card, Apple Pay, or cash through retail partners like Walmart and CVS. The system works using just a phone number, eliminating the need for IBANs, crypto wallets, or conversions.<\/p>\n
\u201cThis isn\u2019t a feature \u2014 it\u2019s a financial infrastructure upgrade,\u201d said Yonathan Lapchik, CEO of SukuPay. \u201cWe\u2019re powering real-world payments that actually work for real people \u2014 banked or unbanked.\u201d<\/p>\n
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Remittances are a vital lifeline for Latin America, with Guatemala alone receiving over $21 billion annually. Traditional systems are often costly and slow.\u00a0<\/p>\n
SukuPay addresses these inefficiencies by embedding stablecoin-based transfers directly into a regulated banking environment \u2014 invisible to the user, but transformative under the hood.<\/p>\n