Johannesburg, South Africa – South African fintech startup 6DOT50 has announced a new partnership with BTS and Serti Solutions, enabling cryptocurrency payments for vehicle purchases at over 1,400 dealerships across the country. Customers can now use eight different cryptocurrencies, including Bitcoin (BTC), to purchase both new and used cars.

6DOT50’s platform utilizes a voucher system designed to address the risks associated with cryptocurrency transactions. The platform bridges the gap between digital currencies and traditional fiat, ensuring secure and smooth transactions. According to the company, it has already processed nearly $1 million in cryptocurrency transactions at more than 90,000 retail locations.

This new offering positions 6DOT50 as a key player in South Africa’s expanding digital payments landscape, joining other businesses such as retail giant Pick n Pay, which began accepting Bitcoin payments at over 1,500 locations in 2023.

Warren Venter, founder of 6DOT50, explained the motivation behind the partnership, highlighting the company’s commitment to facilitating easier cryptocurrency transactions for both consumers and dealerships. “By establishing a link between cryptocurrency holders looking to spend their assets and dealerships requiring payments in local fiat currency, 6DOT50 vouchers offer an ideal solution,” Venter stated. “The process is swift and straightforward, eliminating volatility risks and minimizing complex integration requirements.”

With this innovation, 6DOT50 offers an efficient, user-friendly alternative to traditional payment methods. Buyers can exchange their cryptocurrencies for 6DOT50 vouchers, which are redeemable through a link on the Serti Solutions platform. This streamlined approach helps dealerships reach a wider customer base while offering a secure payment solution.

As cryptocurrency adoption grows in South Africa, 6DOT50’s partnership aims to make digital asset payments more accessible across various industries.