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Nalezeno "retail payments": 23

Rwandan central bank proceeds with ambitious retail CBDC project

8.5.2024
The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy

China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena

6.9.2023
China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for QR-based payment codes is part of this move, which...

Digital Yuan Will Revolutionize Chinese Retail Payments – Central Bank Exec

6.9.2023
A Chinese central bank chief has claimed the digital yuan will revolutionize the way the nation makes retail payments, and suggested the CBDC could one day “completely replace” cash. Per Yicai, Mu Changchun, Head of the Digital Currency Research Institute at the People’s Bank of China (PBoC), made...

Swedish Riksbank report looks at collaboration with potential e-krona in retail payments

12.4.2023
The Swedish central bank’s third report on a potential CBDC raised several issues while focusing on a rather narrow question

Mobile Payments Outpacing Debit Cards in Argentina According to Central Bank Reports

14.12.2022
Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this kind of payment has thrived, representing 60% of the payments operations made, while...

National Bank of Ukraine Unveils E-hryvnia Concept

1.12.2022
The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail payments and cross-border settlements. Ukraine’s...

National Bank of Ukraine is Looking at CBDCs for Retail Payments, Cross-Border Transactions, and Crypto Trading

30.11.2022
Ukraine is continuing the work on its digital hryvnia, or e-hryvnia, despite the ongoing aggression by Russia. The National Bank of Ukraine (NBU) introduced a draft concept for its central bank digital currency (CBDC) on Monday this week. The statement said that the key purpose of e-hryvnia is...

How Crypto Could Spearhead Retail Payments in 2022

29.4.2022
Attracted by its reduced fees, faster transactions, and choice selection, here's how retailers could move to embrace the booming industry, which shows no signs of slowing down

Why and How Crypto Will Rule Metaverse

23.1.2022
Rabindra Ratan, Associate Professor of Media and Information, Michigan State University, and Dar Meshi, Assistant Professor of Communication Arts and Sciences, Michigan State University. ____... Read More: Why and How Crypto Will Rule Metaverse

Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments

2.7.2021
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers....

Coinbase’s Retail Payments Wing Crosses $200M in Transactions

27.3.2020
Coinbase Commerce's 8,000 retailers have processed more than $200 million since its launch two years ago

OpenNode Finds Way for Retailers to Turn Fiat Payments Into Bitcoin (Using Apple Pay)

20.2.2020
Bitcoin-loving retailers can now receive BTC from customers paying in fiat

ECB Wants Active Role in Crypto, Will Not Deter Private Solutions

9.1.2020
The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd...

Russia’s National Energy Grid Operator Tests Blockchain for Retail Payments

11.12.2019
Russia’s national energy grid operator Rosetti, blockchain startup Waves and Alfa Bank are trialing a blockchain solution for electricity payments

Bitcoin Cash Represents 93% of November’s Crypto Spending in Australia

8.12.2019
News.Bitcoin.com recently reported on web portal Bitcoinbch.com’s in-depth report, which detailed BCH outshining BTC retail spending in Australia by a wide margin during the month of September. The next month, BCH captured 90% of October’s crypto spending in the country. Now the website...

China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

26.11.2019
Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments

New Hire to Head Digital Currency Research at the US Fed

5.11.2019
The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...