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China’s Wechat Adds Support for Digital Yuan Payments
8.3.2023
Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay...
WeChat integrates digital yuan into its payment platform
7.3.2023
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity
Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure
30.1.2023
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations....
Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi
4.5.2022
A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian...
Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network Services
7.4.2022
At the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will feature a “paid in bitcoin” service that allows users to auto-invest their work...
Mobile banking app Dave scores $100M investment from FTX US
22.3.2022
Dave is the latest in a series of fintech payments apps to offer crypto services, following PayPal, Venmo, and Cash App
Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
26.2.2022
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s...
Fireblocks to Acquire Crypto Payment Platform for a Reported $100 Million
20.2.2022
Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series...
Crypto-focused enterprise payment platform Tribal Credit raises $60M
3.2.2022
Crypto-facilitated cross-border payments services are gaining traction in Latin America — a region that has become a hotbed for the cryptocurrency industry
Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin
21.6.2021
As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with...
JPMorgan and DBS to launch blockchain cross-border payment platform
28.4.2021
JPMorgan and DBS’ new blockchain interbank platform is designed to complement central bank digital currency projects
All Pizza Hut Locations Accept Cryptocurrencies in Venezuela
28.11.2020
All Pizza Hut locations in Venezuela now accept a broad range of cryptocurrencies, including bitcoin, via the payment platform Cryptobuyer. Pizza Hut joins Burger King, Intercontinental Hotel, Traki, and several other major stores in Venezuela that accept bitcoin. Pizza Hut Accepts Bitcoin...
Mitsubishi UFJ to Launch Blockchain-powered Payment Platform in 2021
5.11.2020
Japanese financial giant the Mitsubishi UFJ Financial Group (MUFG) aims to launch a blockchain technology-based payment service in spring 2021, along with American cloud and network firm Akamai Technologies.
Akamai is based in Cambridge, Massachusetts, and, per Nikkei, the new platform will provide...
TokenPay Payment Gateway – A Decentralised Payment Platform
30.10.2020
The vision of TokenPay is to constitute a blockchain-based bank, covering all aspects of cryptography and security that will bring by the technology. Its cryptocurrency will use dual-key stealth addresses. These types of addresses enable the user to display or share their address publicly; however...
Metal Pay's New Blockchain Allows Bank and Payment Platform Integration
12.5.2020
Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world
LG Pilots Facial Recognition-powered ‘Digital Token’ Payment Platform
23.4.2020
Source: Adobe/S_E
South Korean electronics giant LG’s long-awaited digital token has taken a new and innovative twist in the wake of the coronavirus pandemic.
Per a press release shared with the Green Economic Daily, LG’s IT services arm, LG CNS, has released details about its “digital currency,”...
Mobikwik to Offer 100 Million Indian Users Direct Cryptocurrency Trading Via Buyucoin Integration
2.4.2020
Mobile payment platform Mobikwik, which has about 107 million users in India, has partnered with Delhi-based cryptocurrency exchange Buyucoin. News.Bitcoin.com talked to the CEO of the crypto exchange to find out how Mobilkwik users can soon buy and sell cryptocurrencies within the Mobikwik app....
Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto
20.2.2020
Brazil’s central bank president stated that its new payment platform is intended to compete with blockchain-based payment technologies
How To Buy Bitcoin and Other Cryptocurrencies Using Paypal
4.2.2020
These days there are myriad ways people can purchase cryptocurrencies, and the payment platform Paypal is a popular choice. Multiple crypto brokerage services and exchanges allow people to buy digital currencies with the payment option. The following post is a simple guide and list of exchanges...
Facebook Launches a New Payment Platform “Facebook Pay” For Social Networks
13.11.2019
Facebook launched a payment system, Facebook Pay, which will operate on its platforms, including Facebook, Instagram, Messenger, and WhatsApp. The Social Media site also cleared that it has nothing to do with the platform’s proposed cryptocurrency Libra. In a press brief, the company’s official...