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SHIB Burn for Merchants to Launch by the Crypto Payment Provider
31.12.2021
NOWPayments, the non-custodial digital payments tool, is adding a feature allowing merchants to burn out Shiba Inu tokens. The Amsterdam-based company mentioned that it is going to burn about 3% of the total relationship in the top canine coins community. In crypto, burning means the sending...
Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency at 80 Million Merchants
22.12.2021
Visa’s head of crypto has revealed that the payments giant has partnered with about 60 leading crypto platforms “to launch card programs that make it easy for consumers to convert and spend digital currency at 80 million merchant locations worldwide.” He emphasized...
Cash2Bitcoin CEO Ayman Rida Explains Why Merchants Set up a Bitcoin ATM, Compliance and Regulation
21.12.2021
Established in 2016, Cash2Bitcoin.com is one of the largest and fastest-growing cryptocurrency ATM deployment services in the United States. Cash2Bitcoin.com manages over 1000 locations throughout the country and is rapidly expanding its reach in the market. Ayman Rida is the CEO of Cash2Bitcoin....
Visa announces new crypto consulting service for merchants and banks
8.12.2021
Visa's new crypto consulting services to push for mainstream adoption of cryptocurrencies
ECB Paper Marks Success Factors for CBDCs, Digital Euro
4.12.2021
A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding...
Bitcoin Black Friday: Bitpay Reveals List of Merchants Offering Discounts and Special Promotions
21.11.2021
While cryptocurrencies have seen their values rise significantly during the last three months many digital asset holders will be spending their tokens for holiday gifts and Black Friday deals. Bitcoin Black Friday will be on November 26 this year and the crypto payments firm Bitpay has announced...
Australian baseball club Perth Heat to pay athletes in Bitcoin
17.11.2021
Perth Heat will use the Bitcoin Lightning Network to make payments to professional baseball players and staff
Mastercard to Enable Merchants on Its Network to Offer Crypto Products and Services
26.10.2021
Payments giant Mastercard has partnered with a cryptocurrency exchange to allow its partners and merchants in the U.S. to offer crypto solutions, including the buying, selling, and holding of cryptocurrencies. “We want to offer all of our partners the ability to more easily add crypto...
ZoidPay Chrome Extension Lets Shoppers Buy with Crypto on Amazon, eBay and 40M+ Online Retailers
19.10.2021
PRESS RELEASE. The ZoidPay Chrome extension will allow users to spend their cryptocurrencies on products, pay subscriptions, and even book flights with 40+ million online retailers. October 19th, 2021, Bucharest, Romania — ZoidPay has announced the launch of its Chrome Extension, allowing...
Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies
12.10.2021
On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration will allow Wix merchants to accept 12 different cryptocurrencies such...
Bakkt Users Will be Able to Spend Bitcoin via Google Pay
8.10.2021
with-Google-to-Introduce-Digital-Assets-to-Millions-of-Consumers">said the company.Bakkt also said that they’ve chosen Google Cloud as a preferred cloud provider. That said, they plan to market their solutions that will be powered by Google Cloud to “leading retailers and merchants in the
Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’
28.9.2021
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments...
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
15.9.2021
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank...
Biggest Bank in El Salvador Now Accepts Bitcoin as Payment for Financial Products
13.9.2021
Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered with Flexa, a payments network, to include cryptocurrency capabilities in its software. Bancoagricola also...
Many Major Airlines Can Now Accept Cryptocurrencies via UATP Global Payment Network
10.9.2021
Universal Air Travel Plan (UATP) is bringing more than 300 airline members and travel merchants cryptocurrency payment options. Airlines in the UATP network include Air Canada, Air China, Delta, Frontier, Japan Airlines, Jetblue, Qantas, Southwest, and United. UATP Gets Into Crypto UATP is...
Binance Pay and GoCrypto Bring Crypto Payments Closer to Everyday Use
9.9.2021
PRESS RELEASE. GoCrypto, a solution allowing merchants to accept, store, withdraw and buy cryptocurrencies, announced the integration of Binance Pay into the GoCrypto system giving crypto adopters more options to use crypto as the mainstream means of payment as they are intended to be. The GoCrypto...
El Salvador says merchants must process BTC transactions — or they may face action
8.9.2021
A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions
Swiss Crypto Train in Motion: Crypto Payments to 85K Merchants, New Tokenised Products
24.8.2021
More than 85,000 merchants in Switzerland are now accepting crypto payments from their customers, powered by a partnership established by French payment services provider Worldline and crypto-focused financial services firm Bitcoin Suisse, paving the way for an increased crypto adoption in one...
Bank of Ghana Selects German Technology Firm as Partner for CBDC Project
13.8.2021
The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is a precursor to the e-cedi digital currency, is set to be tested with banks, payment service providers, merchants...
Coinbase Plans to Spur ‘Commerce’-based Crypto Usage for Customers, Merchants
11.8.2021
Brian Armstrong. Source: a video screenshot, Youtube, a16z
US-headquartered major crypto exchange Coinbase has revealed that its plans for the future of the “crypto economy” include building upon its Coinbase Card debit card and bitcoin (BTC)-collateral loan service, building on a growing number...