Aussie Blockchain Company DigitalX has signed an agreement with AT&T Comunicaciones Digitales, S. de R.L. de C.V. (AT&T Mexico). AT&T Mexico is a subsidiary of AT&T Inc., the world’s largest telecommunications company by revenue. AT&T Mexico provides cellular services to approximately 15% of Mexico’s more than 84 million mobile phone users.
The agreement will allow consumers in the United States to 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 earn commission on the value of the mobile topup, with the mobile topup ranging between US$0.50 and US$50 per transaction. The integration of the AirPocket App into AT&T’s network is expected to be completed by the end of October 2016.
DigitalX’s Chief Executive Officer, Alex Karis, commented:
“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.”
DigitalX is a Blockchain-based software solutions group disrupting the payments industry. Its products allow consumers to make secure and cost-effective money transfers worldwide. Partners can use DigitalX’s technology to offer new financial products. DigitalX is based in Boston and has offices in New Jersey and Australia.