El Salvador Integrates New Service into Chivo Wallet

Nicolas Raymond - Flickr
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The government of El Salvador has announced the integration of the solution from AlphaPoint into the Chivo digital wallet and that plans to deploy 1,500 crypto ATMs across the country.

The New York-based startup has been improving the app’s user interface, fixing bugs and adding improved Lightning Network support since December last year.

Chivo is reportedly used by 4 million Salvadorans. This figure includes 70% of the country’s population, which did not have bank accounts.

The authorities of the country plan to expand the scenarios for using the wallet. They intend to add the possibility of making payments for utilities and paying taxes.

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