The Central Bank of Nigeria (CBN) has imposed financial penalties on four commercial banks in the country for facilitating crypto-related transactions, Bloomberg reported on Wednesday. The sanctioned ...
Tag: payments
40% of youngsters want to use crypto for payments, new research reveals
Crypto is rapidly gaining in appeal among younger demographics, with 40% of 18 to 35 year old consumers expressing an intent to use cryptocurrencies — such as bitcoin (BTC), ether (ETH), and stablecoi...
WeChat Adds Support to Digital Yuan Payments (Report)
China’s messaging app giant – WeChat – reportedly enabled digital yuan settlements on its platform. The service is available in all of the 23 regions where the financial product is being trialed, incl...
Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning – Bitcoin News
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the an...
Nearly 70% of Merchants Believe Crypto Payments will Revolutionize Business Models, Study Shows
The appetite for cryptocurrencies in e-commerce continues to gain steam as they offer more convenient and safer payment methods, according to a report by global payments solution provider Checkout.com...
BitPay Now Supports Bitcoin Lightning Network Payments
BitPay, a major crypto payment service provider, stated on Wednesday that it would add support for Bitcoin Lightning Network Lightning Network The Lightning Network is a second-layer payment protoco...
Analyst: these two stocks are worth owning in the payments space
Stephens’ analyst Charles Nabhan remained cautious on the “payments” space at large on Wednesday, but said there still are a few stocks worth owning in this sector at present. Nabhan...
BitPay Adds Support for Lightning Network Payments
Key Takeaways BitPay has added support for the Lightning Network, allowing merchants to accept Bitcoin payments in this way. This integration will reduce Bitcoin transaction fees below one cent and in...
Biden Extends Pause On Student Loan Payments Through August 31
Topline President Joe Biden on Wednesday announced the nationwide moratorium on federal student loan repayments will be extended again, from May 1 to August 31. Federal student loan payments havenR...
23% of Digital Businesses Are Planning to Allow Crypto Payments by 2024
Crypto assets are becoming popular among consumers and merchants around the world. Checkout.com recently released a report that covered 30,000 consumers and 3,000 merchants around the world to identif...
Texas Bank to Add Bitcoin Salary Payments in Employee Savings Program
Tomiwabold Olajide The launch of the new savings program exemplifies the financial evolution of Bitcoin Texas-based Laredo Vantage Bank is planning to offer a new way for their employees to have a Bit...
Payments Solutions Provider Paysafe To Power Private Gaming Operators In Ontario
Motley Fool Why Penn National Gaming Fell 17.4% in March Shares of Penn National Gaming (NASDAQ: PENN) fell 17.4% in March, according to data from S&P Global Market Intelligence. Notably, PennR...
U.S. Adds Pressure On Russia By Blocking Bond Payments, Increasing Risk Of Default
Topline The Treasury Department on Monday blocked the Russian government from making sovereign debt payments using dollars held at American banks, a move that greatly ramps up financial pressure on Ru...
UK Government Unveils Plans to Revamp Regulation on Stablecoins as Payments – crypto.news
The UK Government has taken a step closer to mainstreaming cryptocurrencies by announcing plans to allow so-called stablecoins to be used as payment within the country. Plans to Incorporate Payments i...
UK Treasury says stablecoins could be used for payments
The UK Economic and Finance Ministry is paving the way for broader cryptocurrency adoption. The ministry has said that it has plans to change the current regulatory framework to foster the adoption of...
Vending machines from PayRange will accept crypto payments
TL;DR Breakdown • PayRange will accept Bitcoin, Shiba Inu, and other cryptos as payment.• The vending machines company will not charge owners interest for crypto-payments. One of the most important mo...
UK government moves forward with regulatory framework on stablecoins for payments
The United Kingdom’s Economic and Finance Ministry has said it intends to amend its existing regulatory framework to incorporate stablecoins used as a means of payment. In a Monday announcement,...
Crypto.com’s latest partnership to enable crypto payments at 170 merchants in Australia
South Australian group of private companies Peregrine Corporation has partnered with Crypto.com to enable more than 170 On the Run (OTR) convenience operations, including service stations, restaurants...
On The Run Announces Decision to Accept Payments in Bitcoin and Other Cryptos
After the deal is finalized, it will become the largest business to accept crypto payments in Australia. On The Run (OTR), a South Australian convenience store chain, has announced its intention to ac...
Qred Launches New Payments Platform
Financial technology services provider, Qred today announced that the company has entered into the B2B payments space through the launch of a new platform. The new service is available to all Qred Vis...
Australian Convenience Store OTR to Accept Crypto Payments (Report)
On The Run (OTR) – an Australian convenience store with international locations – will reportedly allow clients to pay for products in cryptocurrencies by partnering with the digital asset exchange Cr...
How is Stripe API helping in crypto payments?
The Stripe API allows developers to access the practicality of Stripe. Some example API strategies embody causation invoices, acceptive payments, managing subscription billing, and writing and managin...
OpenSea Is Accepting Credit Card Payments for NFTs to Broaden Its Marketplace – crypto.news
OpenSea, an NFT marketplace, has launched direct card payments through MoonPay, making it easier for non-cryptocurrency users to buy NFTs. They can now pay with various credit and debit card brands, s...
Luxury Brand, Off-White, Starts Accepting Bitcoin, Ethereum, and XRP As Payments – crypto.news
According to VougeBusiness, Bitcoin, Ethereum, and Ripple holders will be able to shop at Off-White using their holdings Its customers can now quickly pay for their purchases using other various crypt...
NFT Titan OpenSea to Support Credit Card Payments
Share this article OpenSea is following on the heels of several competitors to add support for fiat payments. OpenSea to Accept Card Payments The world’s biggest NFT marketplace is about to make it a...
Italian Fashion Brand Off-White Now Accepts Crypto for Payments
One of the world’s hottest fashion brands, Off-White, is now accepting cryptocurrencies as payments for its service. Off-White Enables Crypto Payments According to the report, Off-White has started ac...
4 Countries that Prohibited Cryptocurrency Payments
Apr 01, 2022 at 10:10 // News Regardless of the transformation cryptocurrency has introduced in the payment and transaction industry, digital assets are still facing resistance in some countries. A g...
OpenSea rolls out credit card payments for NFTs
The NFT marketplace OpenSea has rolled out direct card payments on its platform through MoonPay, simplifying the process of acquiring an NFT for those who don’t own crypto. Collectors will be a...
Rio de Janeiro Permits BTC Payments for Real Estate Taxes
If you’re a bitcoin lover and you own real estate in the city of Rio de Janeiro, Brazil, there’s a good chance you’re feeling pretty lucky right about now. The city government has announced that those...
Payments Giant Visa Launches New NFT-Focused Program for Crypto Entrepreneurs
Global credit card giant Visa is launching a new crypto program to help content creators and entrepreneurs grow small businesses with non-fungible tokens (NFTs). According to a new company blog post, ...
Dubai School Greenlights School Fee Payments In Crypto
Dubai’s Citizens School has announced that it will be accepting school fee payments in BTC and ETH, becoming the first school in the Middle School to do so. Pay Tuition Fees In BTC, ETH The Citizens ...