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Tag: Payment
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payment and Market Infrastructures, an international body that sets norms for the sector, has said it wants to probe the case for cryptos that seek to maintain value against fiat furt...
McDonald Started Accepting Tether and Bitcoin Payment in Lugana, Switzerland
– Use cases of Cryptocurrencies are increasing rapidly in daily use. McDonald’s is an American-based multinational fast-food chain listed among the top ten globally popular fas...
Payment of 141,000 BTC to former Mt. Gox customers set for January 2023
The distribution of funds to former users of the defunct crypto exchange Mt. Gox is set to begin in 2023 after the appointed debtor shared the final modalities for the repayment. Indeed, the customers...
FTX partners with this payment giant to provide crypto payments
Sam Bankman’s FTX crypto exchange platform recently announced a major partnership with the Visa payment processing platform to permit crypto payments to 40 countries across the globe. The moves come a...
Global Crypto Payment App Industry Value to Hit $2.15 Billion by 2030
The surging adoption of blockchain technology is expected to enhance the market size of the global cryptocurrency payments app sector to a value of $2.15 billion by 2030, according to a report by Rese...
A Look at Cryptocurrency Payment Cards
October 5, 2022, 9:45AM EDT • 8 min read Quick Take Several payment-card products are available in the cryptocurrency ecosystem, including credit cards, prepaid cards, and debit cards. Cryptocurrency ...
Namibia’s central bank says Bitcoin can be accepted as payment
Although cryptocurrencies do not have the status of legal cash in Namibia, the country’s central bank, the Bank of Namibia (BON), has announced that it has now included “virtual assets (VA) and virtua...
Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment – Africa Bitcoin News
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and r...
Afterpay’s New Monthly Payment Solution Gives Consumers More Ways to Pay
SAN FRANCISCO–(BUSINESS WIRE)–Afterpay, a leader in “Buy Now, Pay Later” payments, today introduced a new payment solution that give consumers even more choice, flexibility and time to pay, with trans...
Shiba Inu (SHIB) Now Accepted as Payment Method in 10 Offline Stores
– Advertisement – Shiba Inu’s adoption as a payment method continues. The acceptance of Shiba Inu (SHIB) as a payment method across online stores has been growing exponentially. Online bu...
The Regulatory Threat From Payment Do-Overs And Un-Economical Reimbursements
Frustrated angry man caught in political bureaucratic red tape regulations getty The Centers for Medicare & Medicaid Services issued an update to the home health payment system on June 22nd. This ...
Empowa to Use Cardano Stablecoin Djed As A Payment Option for Real Estate Development
– Advertisement – COTI announces another partnership to drive Cardano stablecoin adoption. COTI, a DAG-based Layer 1 protocol specifically designed for enterprises, has announced another n...
BIS get Green-Sign in Multi-CBDC X-Border Payment Pilot Project
BIS announced that a multi-jurisdiction CBDC pilot spearheaded by BIS Innovation Hub completed successfully. The project recorded 164 transactions that were worth nearly $22 million in real-value X-bo...
BIS Proclaims Success in Multi-CBDC Cross-Border Payment Pilot Project BIS Proclaims Success in Multi-CBDC Cross-Border Payment Pilot Project
The Bank for International Settlements (BIS) on Tuesday announced that a multi-jurisdiction CBDC pilot spearheaded by BIS Innovation Hub has been successful. The project saw 164 transactions worth nea...
Spain’s Largest Telecom Now Accepts Payment in Crypto
Spain’s largest telecommunications firm, Telefónica, announced that it now accepts Bitcoin and other cryptocurrencies for purchases on its technology marketplace. As cryptocurrency adoption continues ...
Curacao-Licensed Top Casino Now Accepts Terra Classic As A Payment Method And Supports LUNC Burn
– Advertisement – The development will increase the ongoing LUNC burn efforts. Terra Luna Classic (LUNC) has continued to gain widespread adoption despite its early controversies that re...
Are Cryptos The Future of Payment Methods In Gambling?
If you are an active internet user, you probably already know exactly what cryptos are. Back in 2009, Satoshi Nakamoto was the creator of the first crypto, the well-known Bitcoin. Almost 15 years late...
Terra Classic USD (USTC) Holders Can Now Purchase Goods Online Via Tezro Payment Solution
– Advertisement – Tezro has launched a swap feature for USTC holders to purchase goods online. Tezro, an all-in-one multi-cryptocurrency wallet and secured messaging app, has launched a ne...
Philippine Central Bank Thinks Stablecoins Could ‘Revolutionize’ the Payment System
Mhel Plabasan – a top executive at Bangko Sentral ng Pilipinas (the central bank of the Philippines), said the institution is highly in favor of stablecoins as they can aid the monetary system and ens...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements – Bitcoin News
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly ...
Circle acquires payment services firm Elements
Circle has acquired payment services firm Elements as it looks to scale its own offerings. Jeremy Allaire’s firm hopes to lower the barrier to entry for merchants looking to access the next gene...
JPMorgan’s CEO feels threatened by disruption in payment systems: Kevin O’Leary
JPMorgan Chase’s CEO Jamie Dimon feels threatened by how the crypto space is disrupting the payment systems, stated Shark Tank host and multi-millionaire venture capitalist Kevin O’Leary speakin...
Strike Raises $80 million to Battle Other Payment Services Providers – crypto.news
Strike plans to gain massive adoption to become the most effective payment method in the world, outperforming both Visa and MasterCard as far as everyday payments are concerned. Strike’s Official Anno...
Strike Crypto Payment Firm Raised $80M
Strike raised $80M in Series B Funding organised by Ten31. According to a press release on the 27th, Tuesday, a Chicago-based bitcoin payment gateway Strike headed by Jack Maller, the firm raised $8...
Jack Mallers’ Crypto Payment Firm Strike Raises $80M
“Enabling a cheaper, faster and open payment network with some of the biggest financial institutions in the world isn’t fast and easy, but it’s happening. Every company that’s in the business of movin...
Transak eases crypto purchases by enabling local payment methods…
In 2021, 2CP2P conducted an independent research and found that GCash and Maya together comprised about 90% of the total digital payment method market in the Philippines. At the time, over 11 million ...
Ripple Partner Launched Crypto Payment Solution In Argentina
Tomorrow, September 27th, Ripple partner Bitso will roll out its new payment solution in Argentina. The product will enable users in the Latin American country to access the first QR code payment syst...
Is the demand for crypto as a payment method declining? 1
The demand for crypto has been one of the hot topics across the crypto market over the last few months. This is judged by the decline in the number of traders willing to purchase assets due to the tur...
Demand for Crypto as Payment Method Has Drastically Declined – Featured Bitcoin News
Global investment bank JPMorgan is seeing little demand for crypto as a payment method. However, the bank noted that cryptocurrencies are becoming “larger and larger” in the gaming sector, including i...
Opinion: How you can save $60k for a home down payment without risk or waiting forever
Yes, starting from zero and trying to save a bit each month will take a while. To put together that princely sum, you’d have to save $500 a month for around nine years in a high-interest savings accou...