Anyone who bought PayPal Holdings stock last summer may be ruing the day. Despite popping a bit this past week, the shares, at $97, are still off 68% from their highs around $308. Memories of the stoc...
Tag: payments
British Soccer Club Oxford City to Embrace Bitcoin Payments (Report)
One of the oldest soccer clubs in the UK – Oxford City – will reportedly allow fans to purchase match tickets, food, and beverages in bitcoin instead of fiat currency. The initiative will see the ligh...
F1 Racing Team Aston Martin Now Accepts Crypto Payments For Its Online Store Including Bitcoin, Shiba Inu and Others
– Advertisement – F1 Racing Team Aston Martin Adds Support For crypto Payments To Enable Users To Shop On Its Online Store. It’s a big win for the crypto industry as one of the biggest F...
The Boring Company (Owned by Elon Musk) Will Accept Doge Payments
The Boring Company – an enterprise owned by Elon Musk that provides tunnel construction services to clients – has announced it is permitting customers to pay with Dogecoin. Elon Musk Company Will Acce...
Binance Adds Shiba Inu To Crypto Card, Enabling SHIB Payments For 60 Million Merchants
Shiba Inu has been taking the payments route to provide more utility for the cryptocurrency. Over the past year, numerous brands and merchants have begun to accept the meme coin as a mode of payment, ...
Despite Ripple’s Legal Woes, Binance Card Adds Support For XRP For Payments
– Advertisement – Binance has announced that it has added Ripple (XRP) to the list of supported cryptocurrencies on the Binance Card. #Binance Card has added $XRP, $SHIB and $AVAX to the ...
Top five companies using bitcoin for payments
Elon Musk ushered the wave of institutional adoption of bitcoin in early 2021. Famous companies accepting bitcoin since 2014 contributed massively to the institutional adoption of bitcoin. Undeniably,...
Attorney John Deaton Indirectly Highlights Ripple’s (XRP) Superiority Over Bitcoin (BTC) in Payments
– Advertisement – The Amici Curiae attorney reiterates Ripple’s payment capabilities. Attorney John Deaton has once again buttressed Ripple’s (XRP) prowess in payments using a recent even...
Binance and Mastercard To Bring Streamlined Crypto Payments to Argentina
Latin America has one of the highest rates of cryptocurrency adoptions in the world “Payments is one of the first and most obvious use cases for crypto,” the general director of Binance in Latin Ameri...
Visa, Mastercard suspend payments for ad purchases on PornHub, MindGeek
Visa and Mastercard said Thursday card payments for advertising on Pornhub and its parent company MindGeek would be suspended after a lawsuit stoked controversy over whether the payments giants could ...
Deloitte Survey Clearly Shows Crypto Payments Are The Next Big Thing In Commerce
A new Deloitte survey titled “Merchants getting ready for crypto” contains extremely bullish news. It clearly shows that businesses of all sizes are getting ready for all kinds of crypto payments. And...
PayPal pops post-market as Elliott confirms stake, revenue, EPS beat expectations
PayPal surged nearly 13% after the close after reporting a $2 billion stake by Elliott Investment Management and transaction revenue of $6.27 billion, up 8% from the year earlier. “As one of Pay...
Gucci Becomes First Major Brand to Accept ApeCoin Payments in US
The latest move has been lauded as a vital one for the ApeCoin project as it will provide it with significant exposure in the mainstream. The digital coin at press time was trading at $7.20, up over 1...
CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible – Finance Bitcoin News
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new...
Israel Imposes New Cash Transaction Limits to Promote Digital Payments
Israeli officials have imposed new restrictions on cash transfers to reduce crime and promote digital payments across the country. Beginning next week, this new restriction will apply to transactions ...
ApeCoin Soared 15% as Gucci Adopted APE for Store Payments
Gucci is expanding the number of supported cryptocurrencies that it accepts for payment, the latest addition being ApeCoin. APE is the native ERC-20 token of the BAYC NFT collection, a subsidiary of Y...
Gucci will now accept ApeCoin payments –
Gucci has announced to accept payment in ApeCoin The payment will be supported by BitPay Gucci, an Italian fashion brand, is now the first brand that is going to accept payments in ApeCoin, the Bored ...
Gucci becomes first major brand to accept ApeCoin payments
High-end Italian fashion giant Gucci has become the first major brand to accept payments in the form of the Bored Ape Yacht Club-affiliated ApeCoin (APE). The move was announced on Monday and could pr...
B2B blockchain payments firm Paystand buys Mexico’s Yaydoo: Axios
Paystand, a US blockchain-enabled B2B payments firm, bought Mexican accounts payable startup Yaydoo, Axios reported. No deal terms were disclosed. The companies did not immediately return requests for...
Gucci accepts ApeCoin (APE) payments in US stores
Gucci, a high-end fashion giant, has announced support for ApeCoin (APE). Gucci is now the first major brand to accept payments in APE, the native token created by the Bored Ape Yacht Club (BAYC). Guc...
European Central Bank Hails CBDC ‘Holy Grail’ of Cross Border Payments
A report by the European Central Bank (ECB) has found that central bank digital currencies (CBDC) could be the “holy grail” of cross-border payments, with the potential to outperform anything else on ...
Gucci accepting payments in ApeCoin?
Yesterday Gucci announced that it would begin accepting ApeCoin payments via BitPay. Gucci adds ApeCoin to the list of supported cryptocurrencies as a means of payment It did so with a tweet on its ...
Gucci becomes the first major fashion brand to accept ApeCoin (APE) payments
Gucci a high-end Italian fashion giant, has become the first major brand to accept ApeCoin (APE) payments. Gucci made the announcement yesterday evening through a tweet saying: “Excited to announce th...
ECB: Bitcoin Is Least Credible for Cross-border Payments
The ECB noted that CBDCs provide a more credible alternative compared to unbacked digital assets. Research published by the European Central Bank (ECB) has concluded that Bitcoin is the least credible...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments – Bitcoin News
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integra...
Gucci Now Accepts Payments in ApeCoin
Key Takeaways Gucci now accepts ApeCoin in some stores across the United States. Payments will be facilitated by BitPay. The news comes days after another luxury brand, Tiffany & Co., announced it...
European Central Bank bets on CBDCs over BTC for cross-border payments
A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, i...
Israel Sets New Cash Transaction Limits to Foster Digital Payments – crypto.news
Authorities in Israel imposed new restrictions on cash payments on Monday in order to prevent criminal activities and boost digital payments in the country. Israel Puts New Restrictions on Cash Paymen...
Israel Puts The Holts On Cash To Mobilize Digital Payments
Israel will neither be the first nor last country to impose such measures Limits on cash payments have been tightened to $1,760 USD Country in the process of creating a regulatory framework around dig...
PerkinElmer, Boeing, Global Payments, Bumble and more
Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S...
Reserve Bank of India appoints firm to adopt blockchain for cross-border payments
India has been hostile towards cryptocurrencies, given the hefty taxes that the country has imposed on the sector. However, it has shown more openness towards blockchain technology, with the Reserve B...