News on Payment made using CryptoCurrencies
A collaboration has been established between Zeux payments app and VeChain (VET) to enable the cryptocurrency payments via Apple Pay and Samsung Pay. Zeux then explained regarding the collaboration made, “VeChain has been a major player in developing its blockchain to make a difference in enabling enterprises and professional teams to leverage public blockchain.”
BitPay (a crypto payment processor) has announced that it has newly employed Glen Braganza as its Chief Financial Officer. Stephen Pair, CEO and co-founder of BitPay said, “Glen’s experience is a key advantage to BitPay as the team moves the company into the mainstream to help businesses leverage blockchain for fast consumer transactions and easy global payments.”
The people living USA geographical boundaries can now operate Ternio’s crypto debit card (a Blockchain startup) on the VISA payment network. Daniel Gouldman, CEO of Ternio said, “Ternio’s BlockCard account is a paradigm shift for the crypto ecosystem – enabling anyone to quickly sign up, fund their account, and keep the value in crypto until the point of swiping their card with the merchant,”
The European Union have recently granted Bitpanda a payment license to expand its services in Austria. The news was confirmed by the cryptocurrency brokerage platform in its official blog post made public on April 4. The managing director, Philip Bohrn then explained in the blog, Our goal is to bridge the gap between the modern and traditional financial world.”
CryptoChill boasts itself a seamless Bitcoin payment gateway and offers several advantages which can be used by merchants, brokers and exchanges. They charge flat rate on incoming transactions and has an in-built white-labeling feature that allows other parties to provide payment services. They plan to add layer 2 bitcoin lightning payment network in upcoming days.
XMR. (a private bitcoin payment service) has decided to discontinue its customers in the United States to utilize the services. In its Reddit announcement :XMR.to will for the time being not be serving customers in the US.We are working with our legal team to understand the best way forward. This policy will come into force tomorrow. Thank you for your understanding.”
Coinbase will now allow its users to make payments in either XRP or USDC with zero fees. Coinbase explained, “XRP and USDC may be better suited for smaller international money transfers due to their faster processing and lower transaction fees. USDC also has the added advantage of being exchangeable for one US dollar, rather than being volatile in price like other cryptocurrencies.”
A collaboration has been established between cryptocurrency for payments and e-commerce, Dash with a platform to buy and sell cryptocurrencies in Latin America, Cryptobuter. The CEO of Dash Core Group, Ryan Taylor explained, “We’ve anticipated this initiative from Cryptobuyer, as it provides the everyday person with a seamless and efficient way to access Dash and lowers barriers to entry.”
Cryptocurrency exchange company KuCoin now accepts the credit card payments which allow the users to purchase cryptocurrencies straightly using MasterCard or Visa. The announcement was shared in their social media accounts: “We are delighted to announce that KuCoin has partnered with Simplex to re-enable users to purchase cryptocurrencies using Visa and MasterCard credit cards.”
A collaboration was established between South Korean messaging giant Kakao and an Irish start-up, Festy with the aim in developing a blockchain-powered payment system. The founder of Festy, Graham de Barra said, “We can allow a more transparent system for these transactions, where the consumer can get remunerated for contributing towards the big data that’s being built around them.”
Jun 03, 2019
Jun 03, 2019
Jun 03, 2019