One of the major challenges facing micro-workers globally is the cost and friction of processing international payments to local currencies. Processing a $5 micro-payment from the US to Kenya may cost...
Tag: payments
Singapore’s Central Bank provides payments license to crypto firm Paxos
Crypto and blockchain technology firm Paxos has received payments license from Singapore’s Central Bank It leverages technology to tokenize, trade and settle assets First of its kind to receive a gr...
Plans to Focus on Becoming a Robust Payments Layer One
The open-source payment infrastructure program COTI has released its roadmap for 2022 as it aims to position itself as a go-to Layer 1 for payments. In a press release shared with CryptoPotato, COTI r...
Crypto Finance Management Platform Request Finance Reimagines B2B Payments
A study from Chainalysis shows crypto adoption has risen by 880% in 2021, and it is only set to grow further. The mass adoption of crypto has become a matter of “when” and not “if”. Just as with the e...
Colorado Governor Polis Sees Only Upside in Being First To Accept Crypto for Tax Payments
HodlX Guest Post Submit Your Post According to reports, the state of Colorado will become the first state to accept cryptocurrency for tax payments after Governor Polis signed the Digital Token Act...
Binance Floats First Crypto Payments Tech Company As It Eyes Global Merchants ⋆ ZyCrypto
Advertisement     The world’s largest crypto exchange Binance has launched its own crypto payment services company, Bifinity. According to a Monday blog, the company i...
COTI Network Shares Details of its 2022 Roadmap: Infrastructure, Payments, What Else?
Vladislav Sopov COTI Network (COTI), a multi-product ecosystem of cryptocurrency products, shares its plans for 2022 Contents Trustchain: MultiDAG 2.0, Coin-as-a-Service, COTI Pay Treasury and stablec...
COTI to Take on Visa & Mastercard in Merchant Payments Space
2022 is set to be a pivotal year for COTI, the self-professed “Currency Of The Internet”, as it aims to cement its status as the ultimate Layer-1 blockchain network for merchant payments. COTI has ju...
Federal Reserve works with China’s blockchain ally for instant payments
The United States Federal Reserve is moving forward with its real-time payment project FedNow Service by starting experimenting with the blockchain infrastructure. On Tuesday, the Fed officially launc...
Binance launches payments company Bifinity
Binance has officially announced the launch of its own payments company, called Bifinity. Bifinity, the payments company of Binance Bifinity in particular will be the exchange’s main provider of fiat...
Binance Resumes EUR & GBP Payments after Months of Regulatory Crackdown
Binance exchange has announced it will be resuming deposits and withdrawal services for Euro (EUR) and the British Pounds (GBP) months after it suspended the services for its users. The trading platfo...
Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists
Following Mastercard and Visa suspension of Russian credit cards abroad based on international sanctions, Thailand is looking at accepting cryptocurrency payments to help Ukrainian, and Russian touris...
Crypto Analyst Says Technology Behind Terra (LUNA) Will Be the Future of Global Payments – Here’s Why
One popular crypto analyst is eyeing a public blockchain protocol underpinning a suite of decentralized stablecoins as the possible solution for payments during a time of economic transition. In a new...
Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy – Bitcoin News
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as ...
Payments Startup Stax Gets Unicorn Status after Raising $245M
Payments platform, Stax announced on Tuesday the closure of a $245 million funding round that took the valuation of the company to $1 billion. The valuation was reached after raising an additional rou...
Thailand to Offer Crypto Payments to Russian Tourists as an Emergency Measure (Report)
The Phuket Tourist Association (PTA) and the Bank of Thailand (BOT) are reportedly contemplating introducing cryptocurrency payment methods to Russian travelers in Thailand. The move would serve as an...
Binance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments – Exchanges Bitcoin News
Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero...
Binance Now Has Its Own Payments Provider
Alex Dovbnya Binance has announced the launch of its own service for providing payments Binance, the number one cryptocurrency exchange in the world, has announced the launch of its own payments techn...
XRP vs Bitcoin- The fight for the future of payments
Bitcoin (BTC) and Ripple (XRP) are both popular crypto assets which are able to garner mainstream adoption across the world. BTC, is the leading crypto coin which is believed that one day will become ...
Crypto Exchange Binance To Launch New Payments Technology Platform
Leading cryptocurrency exchange Binance is announcing the launch of a new payments technology company called Bifinity. According to a new announcement, Bifinity will also serve as Binance’s official f...
Binance announces the launch of its fiat-to-crypto payments provider, Bifinity
TL;DR Breakdown The largest cryptocurrency exchange in the world announces its new official fiat-to-crypto payments provider, Bifinity. Bifinity will connect millions of users, businesses, and clients...
Accelerated Payments Secures Neil McMillan as Head of North America
Accelerated Payments has secured Neil McMillan as Head of North America, effective March 2022. In a recent press release shared with Finance Magnates, Neil McMillan, an executive veteran with more tha...
Binance Ties with Paysafe, Enables EUR and GBP Payments
Binance has partnered with payments technology company Paysafe to fully reopen payment transfers with two major fiats, the euro and the pound sterling, the cryptocurrency exchange announced on Monday....
Australian Energy Company now accepts SHIB Payments
SHIBA Inu price at the time of writing – $0.00002417 The company will accept crypto through Bitpay BitPay supports leading cryptocurrencies such as Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin ...
Russian Banks Turn to China to Sidestep Cutoff From Payments Systems
Russian banks that have been cut off from global payments networks are turning to China’s state-owned UnionPay system as the country tries to sidestep boycotts by Western businesses for its invasion o...
BitYard Partnering With Transak – Smooth the Way for Crypto Credit Card Payments – Press release Bitcoin News
press release PRESS RELEASE. BitYard and credit card service provider – Transak, muscle into India and Mid Asia for 1 billion crypto market. Transak’s Background Transak enables developers with seamle...
Scrambling to avert Russian default, Putin allows ruble payments to creditors
Russia and Russian companies will be allowed to pay foreign creditors in rubles, according to a decree signed by President Vladimir Putin on Saturday, as a way to stave off defaults while capital cont...
BitYard Partnering With Transak – Smooth the Way for Crypto Credit Card Payments – Coinotizia
press release PRESS RELEASE. BitYard and credit card service provider – Transak, muscle into India and Mid Asia for 1 billion crypto market. Transak’s Background Transak enables developers with seamle...
Australia’s energy retailer partners with BitPay for crypto payments
1st Energy, an Australian energy company, is venturing towards cryptocurrency payments. The company has announced that it will integrate Shiba Inu into its payments system. This payment option will be...
SHIB Payments Now Accepted by Australian Energy Company Through BitPay: Details
Tomiwabold Olajide Australia’s energy firm customers to pay bills with Shiba Inu and other cryptos via BitPay Payment service provider BitPay has announced that Australian energy company 1st Ene...
Nexus Multi-Platform Payments Gateway Debuts on Polygon: Details
Vladislav Sopov Nexus Project, a blockchain-based payments gateway for merchants and businesses, releases its native token on Polygon (MATIC) Contents Nexus comes to Polygon with its core asset: detai...