crypto payment
MicroStrategy Announces Plans to Pay Its Board of Directors in Bitcoin
MicroStrategy has announced that some of its board of directors are now being paid in Bitcoin
Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis
A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.
Luxury Fashion Firm Farfetch Begins Accepting Crypto Payments
Farfetch has announced it will begin accepting cryptocurrency payments for its goods and services in the next couple of months
Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding
Ramp Network, a Polish-born crypto payments service provider has concluded its Series A funding round, attracting high-profile investors who pumped $52.7 million into the startup.
Bulgaria to Introduce Crypto Payment Options
The Bulgarian government is currently in discussion with industry stakeholders and the Bulgarian National Bank with respect to its crypto payment initiative.
Bitpay Announces the First Large Online International Furniture Brand to Go Live
Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.
Minima Launches Crypto Payment App with Minipay As Pilot Partner
Minima and Minipay’s NFC technology will allow retailers and businesses to incorporate new crypto payment rails and accept, process, and settle digital asset transactions instantly from customers.
Oobit Secures $25M in Series A Led byTether and CMCC Globa
Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.
MoonPay Looks to Fuel Global Expansion With $555M Funding
Crypto payments company MoonPay has raised $555 million in its first-ever Series A funding round, earning the firm a unicorn valuation of $3.4 billion.
Norwegian Air Set to Accept Cryptocurrency Payments
Amazing times ahead for travelers in Norway as Norwegian Airline, one of the largest in Europe is set to accept the use of cryptocurrency as a means of payments for flight booking.
Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto
CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies.
87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey
87% of merchants believe crypto payments will enable them to stay at the top of their game based on the competitive advantage rendered, according to a survey by big four audit firm Deloitte.
SpankChain Shuts Down SpankPay Crypto Payment Processor
Ethereum-based adult entertainment platform SpankChain has closed down its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one.
Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm
According to a market research report availed by P&S Intelligence, a business intelligence consulting services firm, the worldwide blockchain devices market was worth $0.3 billion in 2019 but is expected to surpass $23.5 billion by 2030.
Fireblocks Debut Crypto Payments Engine After Successful Trial With Checkout.com
Fireblocks is expanding its crypto offerings with new payment engine
Florida Warns Residents About the Rise of Auto Warranty Scammers Asking Crypto Payments
Consumers lose billions worth of US dollars to fraudulent calls every year, and auto-warranty calls are the biggest source of grief. Florida government warns consumers about scam "auto warranty" robocalls.
Rio de Janeiro to Accept Crypto Property Tax Payment from 2023
Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.
Ripple Report: Crypto Payments to Save $10 Billion, Speed Up Transactions by 2030
Crypto payments are forecasted to save $10 billion and accelerate transactions by 2030, according to a Ripple report.
Portsmouth City Now Opens to Pay Taxes in Crypto
England’s Portsmouth has announced that its residents can now pay their taxes and other fees in Bitcoin and other cryptocurrencies supported on the Paypal app.
BigCommerce Partners with BitPay & Coinpayments to Enable Crypto Payments for Merchants
Amidst a rise in global demand for alternative payment solutions, BigCommerce provides merchants of all kinds with a scalable solution to accept crypto payments.
Crypto Payments Ranks as Top Suggestion to Airbnb, Customers Request Better Service
Airbnb’s Co-Founder and Chief Executive Officer, Brain Chesky, said followers are asking the company for integrating digital currency payments ranks as the top suggestion.
Leading Kitchen Equipment Provider CKitchen Embraces Cryptocurrencies
To keep track of evolving market trends, CKitchen, a leading US-based kitchen and restaurant equipment provider, has rolled out a crypto payment option
Spanish LaLiga Side Espanyol to Accept Crypto Payments Next Season
The Spanish football club Espanyol is breaking the record as the first LaLiga side that will be accepting cryptocurrencies as a form of payment for some of its services.
Worldline and Bitcoin Suisse to Revitalize Swiss Point of Sales with Crypto Usage
Worldline, a top European company in the payments and transactional services industry, has struck a deal with Bitcoin Suisse, a notable Swiss crypto financial services firm, to present crypto payment services to Swiss consumers and merchants both in-web shops and in-store.
Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’
Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”
Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers
Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers.
Cryptocurrency wallet Lumi launches new payment method Apple Pay
Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.
Worldwide Payment Provider Adopts New Crypto-to-Crypto Buy and Sell Feature
Skrill, a notable worldwide payment provider, has revealed about integrating a new option that permits the buying and selling of all cryptocurrencies into its platform. This strategy is intended at eradicating the urge of converting cryptocurrencies into fiat so that a purchase can be made.
Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens
Thailand's Mystic Valley music festival will be accepting payment for tickets from attendees through its own native MYST tokens.
Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method
The transaction volume of Litecoin spiked by 55% two days after Pornhub added LTC as a new mode of payment.
Singapore Payment Services Act Now in Effect For Crypto Firms
The Monetary Authority of Singapore now requires cryptocurrency providers and exchanges to be licensed under some of the same regulatory elements as traditional financial service providers.
India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?
India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.
US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress
In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.
Bakkt Cash Integrated Directly with Starbucks Payment App
Bakkt President Adam White has announced the Bakkt Cash integration with the Starbuck mobile app.
Colombian Ministry of Information Technology Prioritize Public Sector Blockchain and Crypto Payment Solutions
The Colombian Ministry of Information Technology and Communications (MinTIC) believes blockchain and DLT solutions could benefit its public sector.
PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months
PayPal has revealed a brief timeline, indicating the expansion of its crypto business to the UK market in a few months’ time.