News on Merchants in Crypto Industry
The GoByte has unveiled a GoByte Pay mobile application that permits the merchants to accept payments in virtual currencies seamlessly through the use of free payment solution. The CEO emphasized the mission of the company. The application is built with additional features such as anti-hack protection, Touch ID and Face ID to ensure better safety of assets.
The Zhizhen Blockchain, the open blockchain platform by JD.com, has unveiled its blockchain-based business license with the Administration for Industry and Commerce of Suqian. Reportedly, the merchants have integrated their data on the blockchain in Suqian. The blockchain-based licenses would support the business to record its position updates. The e-commerce platform operators are expected to verify the service providers and update regularly.
Crypto sector in the Philippines has shown a significant increase since the clarification made by the country’s government regarding its regulation. The local merchants are also have begun to adopt cryptocurrency such as Bitcoin (BTC) and Bitcoin Cash (BCH) as an alternative payment method to increase the awareness of the emerging technology to the public.
The White Wallet Cryptocurrency Trading platform has enabled purchase and sale of Bitcoin Cash against USD, Euro, and GBP. The merchants who have access to White Pay would be able to take payments in Bitcoin Cash along with other cryptos for goods and services. The other cryptos supported on the platform include Bitcoin, Ethereum and XLM.
The association between the $PAC and Crypto Payment Network supports companies such as Domini Pizza, Caribou Coffee, Gamestop, and others to accept payments in cryptocurrencies. The CPN enables the merchants to take cryptocurrency and receive fiat transfers. Reportedly, Gamestop, Domino Pizza, and Caribou coffee would be considering coins as consideration.
The CoinGate payment gateway has declared the addition of Lightning Network payment processing for merchants. The Lightning Network targets to resolve bitcoin scalability issues and make transactions cost-effective. The CoinGate has been trailing the lightning network with selective merchants. The entities that accept bitcoin payments through CoinGate is to get access to Lightning payments.
The BitPay has declared the launch of Bitcoin Cash option for merchants. The crypto is the second virtual currency settlement option enabled for BitPay merchants. The company stated, “BitPay merchants have been able to accept Bitcoin Cash payments from customers alongside Bitcoin payments. Now they can get their settlement payments in Bitcoin Cash too.”
CopPay, a payment processor, enables nearly sixty merchants to accept payments in cryptocurrencies. Recently, the platform has also added Bitcoin Cash. The CEO of CopPay, Ina Samovich expressed, “BCH has quickly established itself in the cryptocurrency world and those low transaction fees and safe o-confirmation transactions are a natural draw for any merchant.”
The CoinGate has extended its support to the Bitcoin Cash (BCH). It would enable the merchants to accept online payments in Bitcoin Cash. The platform is accessed by 80,000 and beyond merchants. The company reported, “To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on the preference.”
Payroc and Ethos.io are to develop a crypto merchant payment processing service. The Payroc payment gateway platform would be embracing Ethos Bedrock platform enabling a ‘Pay with Crypto’ button supported on all merchant websites with cryptos such as Bitcoin, Ethereum, and Bitcoin cash. The company integrates the use of new digital currencies in the place of traditional payments.
Sep 20, 2019
Sep 20, 2019