The professional American football team – Tennessee Titans – will reportedly become the first NFL club to accept bitcoin as a means of payment. Fans will be able to purchase season tickets and sponsor...
Tag: Payment
WeChat To Support Digital RMB Pilot Payment Functions
China’s WeChat app will support digital yuan payments as it joins the pilot program. The program for the CBDC recently expanded to include 11 more cities. China’s popular social media app WeChat will ...
FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin
FinTech FIS announced Wednesday that its Worldpay business will be the first payment firm to give global merchants the ability to receive settlements in USD Coin (USDC stablecoin cryptocurrency). That...
BitPay Launches Bitcoin Lightning Network Payment Support
BitPay – a popular cryptocurrency payments provider – has now integrated Bitcoin’s lightning network into its platform. This will allow Bitcoin payments to settle much faster, and cost far less, than ...
Bitcoin payment platform BitPay now supports Lightning Network » CryptoNinjas
BitPay, a bitcoin & crypto payment platform, today announced support for Lightning Network payments. Now, BitPay merchants and their customers have access to cheaper, more scalable bitcoin payment...
Russia Skirts Nearer Default After Dollar Payment Blocked
(Bloomberg) — Russia slipped closer to a technical default after foreign banks declined to process about $650 million of dollar payments on its bonds, forcing it to offer rubles instead. Most Re...
Philippines’ Largest Digital Payment Firm Enables Crypto Trading
The Philippines-based fintech and digital payments firm PayMaya on Wednesday has rolled out features to buy, sell, and earn crypto on its app. With the expansion into crypto services, the company has ...
UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer
The UK announced on Monday to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for crypto-asset technology and investment. The government plans to regulate ...
UK Government Sets Structure to Incorporate Stablecoins as Payment Mode
Authorities in the UK are also looking into the establishment of a Cryptoasset Engagement Group that would closely collaborate with the industry. UK’s Economic and Finance Ministry has revealed intent...
Ripple Partner to Unlock $34 Billion Cross-Border Payment Market in the Philippines
Tomiwabold Olajide An estimated $34 billion in remittances arrive in the Philippines each year In a recent release, iRemit, a non-bank remittance service provider that leverages Ripple’s ODL to ...
Stablecoins Emerging as a ‘Complement to Existing Payment Ecosystems’
An overwhelming number of banks are considering launching their own stablecoins, according to analysts at PwC. The report highlights that over 80% of central banks are either considering launching a c...
Wise Partners Max to Open Up Israelis to Global Payment
London-based financial technology company, Wise (formerly TransferWise), has announced a partnership with Israeli payments firm, Max, to open up the latter’s customers “to cheaper, faster transfers ab...
South Australia Service Stations Set to Embrace Crypto as a Means of Payment From July – crypto.news
The adoption of cryptocurrency is steadily on the rise, and many private and public organizations are cautiously exploring the idea of using digital currency as a payment mechanism. According to loca...
Australian convenience store, On The Run, to accept cryptocurrency as payment
TL;DR breakdown On The Run and other businesses owned by the Peregrine Corporation recognize cryptocurrency as payment. The rate of cryptocurrency adoption in Australia calls for regulation of the sec...
ANZ Worldline Payment Solutions Goes Live in Australia
ANZ Worldline Payment Solutions, a joint venture between ANZ and Worldline, has been officially launched in Australia. Through the recent launch, merchants in Australia will be able to utilize innovat...
Crypto For Sandwich And Fuel: Aussie Convenience Store Giant To Enable Crypto Payment At 170 Branches
By the middle of this year, Australians will be able to pay with crypto at service stations and convenience stores in South Australia, as private enterprises warily embrace digital currency payments. ...
Unexpected Industries Where PayPal is Now the Preferred Payment Method
Due to the coronavirus outbreak, digital and contactless payment options have become extremely popular. There are numerous excellent applications out there that will get the task accomplished. It does...
Dubai Café, Bake N More, Accepts Cryptocurrency as Payment
Bake N More accepts crypto payments The employees might get salaries in Cryptocurrency as well Clients can pay with bitcoin, ethereum, and 35 more digital assets Bake N More, a Dubai-based bistro, has...
Russia prepared for 8 years to be cut off from the West. Meet the payment system that’s still processing its credit card transactions
Since the start of the Ukraine War, a barrage of western sanctions has crippled the Russian economy and wreaked havoc on its financial system. The country has been largely cut off from the internation...
China Chipmaker’s Buyer Missed $9 Billion Payment Deadline
(Bloomberg) — The winner of a bidding process for Tsinghua Unigroup Co. has missed its March 31 deadline to complete a 60 billion yuan ($9.4 billion) takeover payment, according to people famili...
Bitcoin Lightning Network Increasing Becoming The Ideal Choice For Payment
The Lightning Network is gradually getting the attention it desires, as the grassroots Bitcoin Lightning festival in Portland, U.S. shows. It also revealed that the network is increasingly becoming th...
China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment – Regulation Bitcoin News
Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have o...
Partner of Ripple QNB Reveals New Payment Solution in Collaboration with RippleNet
According to previous media reports, QNB successfully launched a gateway between QNB Qatar and QNB Finansbank based in Turkey. The launch took place on RippleNet, which essentially expands Ripple’s se...
Crypto Doesn’t Fit The Bill as Store Value or Payment Mode: Yamani Hafez Musa
Yamani Hafez Musa, Malaysia’s Deputy Finance Minister, thinks that crypto-assets like ETH and BTC are not suitable as a mode of transaction. While virtual assets are not identified as legal tender in ...
VeChain Partners Alchemy Pay for Fiat Payment Rails and Crypto on-Ramps – Press release Bitcoin News
press release PRESS RELEASE. Palo Alto, USA, March 2022 – Vechain (VET), the leading layer-1 smart contract platform has announced it is adding Alchemy Pay’s (ACH) mainstream-friendly fiat payment cha...
Ripple Partner QNB Launches New Payment Solution in Partnership with RippleNet
Ripple partner QNB Group has unveiled new payment solutions as part of its payments ecosystem and strategy for cross-border payments with Ripple. QNB Group, the official bank sponsor of Smart City Exp...
Sanctions Force Russia into Accepting Cryptocurrencies as Payment for Oil and Gas
Mar 31, 2022 at 13:15 // News The numerous sanctions imposed on Russia as a result of the invasion of Ukraine have caused further trade losses for the country. The ban on excluding Russian banki...
Dubai School Enables Payment of Tuition Fees in Bitcoin and Ethereum – crypto.news
Following a recent surge in the number of digital asset companies based in the city, Dubai is looking for new ways to increase crypto acceptance. A school in Dubai named ‘Citizens School’ has become t...
‘Payment shock’ awaits US home buyers as mortgage rates climb
The US housing market is starting to show signs of stress as a sharp uptick in mortgage rates and high home prices push potential buyers to the sidelines and some investors look elsewhere for higher r...
Kyberdyne Partners with SWFT Blockchain for Easy Payment and NFT Trading Activity
Kyberdyne, the forerunner of the blockchain game 3.0, has announced that it would work closely with SWFT blockchain, a cross-chain flash exchange, along with the NFT marketplace aggregation service. T...
Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC
Hong Kong-based startup Prima Asia Limited said it would launch innovative blockchain payment technology in the Asia-Pacific region this year. Prima Asia Limited plans to launch a payment technology c...