Crypto can now be accepted for online purchases wherever Mastercard is accepted — at least for users in Australia and New Zealand. Web3 tech innovator Immersve has partnered with Mastercard to enable ...
Tag: payments
Sequoia, Multicoin co-lead $6M funding for Solana-based crypto payments startup TipLink
TipLink, a crypto payments platform built on the Solana blockchain, raised $6 million in a seed funding round. Sequoia Capital and Multicoin Capital co-led the round, with Solana Ventures, Circl...
XRP-Based Xumm Partners With This Company To Enhance Retail Payments
According to a press release shared with Bitcoinist, the XRP-based wallet Xumm partnered with the loyalty program platform Friiworld. The partners launched a crypto payment system in the Netherlands t...
Bitcoin Beats Payments Giant Visa by Market Cap
Bitcoin (BTC) Become the 11th largest asset by market cap. BTC has a $2 billion market capitalization over Visa. The largest cryptocurrency “Bitcoin (BTC) overtook Visa” to rank as the eleventh-large...
Bitcoin market cap 'flips' payments giant Visa for the 3rd time
While the collapse of FTX shaved $100 billion off of BTC’s market cap in just four days last year, BTC has managed to fully recover and stack on another $65 billion. A 48% Bitcoin (BTC) price su...
XRP Payments Can Now Be Accepted on Shopify Enabled Sites via This Integration
XRP payments can now be accepted on Shopify e-commerce sites, thanks to tools from crypto payment gateway NOWPayments. Among the available solutions that NOWPayments provides to businesses that want t...
Leading Bahrainian Hotel Accepts BTC Payments (Report)
Novotel Bahrain Al Dana Resort reportedly became the first hotel in the country to accept cryptocurrencies as a means of payment. Other hotels located on the Arabian peninsula that embraced digital a...
Bitcoin of America Launches Utility Bills Payments With BTC
The feature was recently introduced by Bitcoin of America, a reputable Bitcoin ATM operator. Bitcoin of America (BOA), one of the largest U.S.-based Bitcoin ATM (BTM) operators, recently announced the...
Xumm Launches XRPL QR Payments Feature For Retail Stores
Developers also plan to expand the payment feature to the web. Xumm and XRPL Labs developers have launched a QR payments feature to allow users to make XRPL payments at retail stores with the native X...
IRS singles out tax payments 4 states sent last year as taxable
Most residents in states that distributed some kind of stimulus payments or tax rebates last year don’t have to report them on their federal returns. But some residents in four states do — largely bec...
UAE Launched FIT Program to Issue CBDC for cross-border payments
New plans to introduce CBDC for domestic purposes and cross-border payments. Crypto will play a vital role in UAE global trade market. UAE has emerged as a buzzing hub for crypto and digital innovatio...
UK Payments Company Wirex Becomes Visa Global Partner, Extends Crypto Card Program Reach to Over 40 Countries – Bitcoin News
Wirex, a London-based digital payments company, has announced it has become a global partner of Visa, to allow the company to bring its card services to more markets in the world. The new partnership ...
Wirex Collaborates With Payments Giant Visa For Crypto Debit Card
3 hours ago | 2 mins read Editors News The crypto company can now reach a wider audience in the UK and Asia-Pacific. Wirex, a London-based cryptocurrency company, now serves more than 5M clients. Visa...
UAE to issue CBDC for digital payments
The latest developments on the United Arab Emirates (UAE) financial infrastructure transformation (FIT) program highlights the country’s Apex bank’s intention to launch a central bank digital currency...
Wirex and Visa Team Up to Bring Crypto Card Payments to APAC
Crypto payments platform Wirex partners with Visa to expand its customer base in the Asia-Pacific and United Kingdom regions. According to the agreement, Wirex will become a U.K. and APAC Visa member,...
UAE set to issue CBDC for cross-border payments and domestic usage
The Central Bank of the United Arab Emirates is set to launch its CBDC. The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central Bank of the Un...
Brazil’s largest public bank Banco do Brasil enables tax payments using crypto
Banco do Brasil is the largest bank in Brazil by asset value. That bank has announced that it has enabled Tax Payments to be made with crypto. The crypto tax payment service will however operate via B...
US fintech FIS to spin off Worldpay payments business
US-based financial technology group FIS has said it will spin-off Worldpay, the payments business it acquired for $43bn just four years ago, after it failed to successfully integrate the two companies...
The Oldest Brazilian Bank Embraces Crypto Tax Payments
Banco do Brasil, the oldest bank in Brazil, has announced a major step forward in the world of digital assets. The bank has partnered with Brazil-based crypto exchange Bitfy to allow residents to pay ...
The IRS Has New Tax Rules for State Payments. What They Could Mean for You.
The Internal Revenue Service on Friday gave the green light to taxpayers in 21 states who had been waiting for the agency to clarify the taxability of certain state payments before filing their federa...
Brazil’s Banco do Brasil Now Allows Tax Payments in Crypto
9 seconds ago | 2 mins read Bitcoin News Banco do Brasil has partnered with payments firm Bitfy. Taxpayers will be able to see their tax bill by scanning a barcode. To make paying taxes easier, a prom...
Dubai’s University CUD to Embrace Crypto Payments
The Canadian University of Dubai (CUD) partnered with Binance to enable students to pay their fees in digital currencies. With the recent collaboration, the exchange dived deeper into the local ecosys...
IRS tells 21 states how to handle last year’s special payments
After much outside criticism, the Internal Revenue Service basically told taxpayers in most — but not all — states that they do not need to report income from special state tax refunds or payments on ...
IRS says people in most states who got inflation-relief payments don’t have to report it on their taxes. Here’s where.
The IRS is not going to tax payments from most of the states that cut checks to residents last year in order to help them defray rising living costs. This week, the IRS has been trying to determine if...
Payments Giant PayPal Held Over $600,000,000 Worth of Crypto Last Quarter, Mostly in Bitcoin and Ethereum
Payments giant PayPal held hundreds of millions of dollars worth of crypto assets last quarter, most of it being Bitcoin (BTC) and Ethereum (ETH). According to PayPal’s annual financial report to the ...
Dubai Leading University Stops Accepting Shiba Inu Payments One Day After Adoption
CUD says it will no longer accept Shiba Inu and all other crypto payments due to technical reasons. Canadian University Dubai (CUD), a leading tertiary institution in the UAE, has announced that it wi...
How Widely Adopted is Crypto Payments?
Cryptocurrency can be traced back to the 1980s and there were several attempts to launch a digital currency. Digicash was the most notable of the early efforts in the 1990s but 2008 saw the introducti...
Visa tests USDC payments on Ethereum
Visa has tested how to effectively accept USDC payments on Ethereum This was revealed on Sunday directly by the head of the company’s crypto division, Cuy Sheffield, speaking at the first session of S...