News on Payment made using 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.”
A partnership has been made between Dash and Mastercard will allow the cryptocurrency enthusiast to spend their Dash cryptocurrency via PolisPay. Before the announcement of debit card implementation, PolisPay has supported some major cryptocurrencies such as Bitcoin (BTC), Litecoin(LTC), Ethereum (ETH), Digibyte (DGB), and its own token, Polis (POLIS).
Banco de México (Central bank of Mexico) has built CoDi payment system for online payments, since more than half of Mexico’s population doesn’t have a bank account. So they plan to tap phone-based banking which is user-friendly, affordable apps from private companies. But, Amazon declined to comment on the alleged deal.
An international currency exchange provider, Mercury FX have shared that they’re implementing the technology offered by Ripple’s XRP, xRapid to expand to ten new payment corridors. Their plans for the Middle East and Canada, imminently. They think that xRapid and Ripple brings is access to new markets that perhaps aren’t actually accessible now.
A mobile gifting company based in Dallas named Swych have revealed that they now support the cryptocurrency as payment alternatives. The CEO, Deepak Jain said that, “Further, in keeping with Swych’s mission of providing our consumers with choice and flexibility, we’d like to provide new options based on our customer’s needs – crypto integration is one of the many requests we’ve received.”
AERGO and SatoshiPay have established a new strategic partnership with the aim of creating the fastest micropayment services. The CEO of AERGO, Phil Zamani explained, “Partnering will provide businesses globally a powerful crypto infrastructure that is interoperable with fiat payment services. We plan to implement SatoshiPay’s technology to power AERGO service layer with secure fiat payment option.”
2019 haven’t been smooth for the exchange Globitex due to bearish trend, but its CEO remains a optimist. Exchange’s CEO, Uldis Teraudkalns launched a new product – the EURO Wallet. This will grant Globitex users access to a personal IBAN number, allow them to send and receive euro SEPA payments and make instant deposits and withdrawals.
A travel booking platform, Travala has revealed that they’re going to support NANO as a payment option. Travala will enable the platform to support in total of eight significant cryptocurrencies along with the current supported cryptocurrencies in their platform such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Tron (TRX), and Binance (BNB).
