Payment

News on Payment made using CryptoCurrencies

Payment License Granted for Bitpanda By European Union

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, A Bitcoin Payment Gateway

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.

US customers can’t Use XMR. Services

US customers can’t Use XMR. Services

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.”

XRP and USDC Payments Introduced in Coinbase

XRP and USDC Payments Introduced in Coinbase

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.”

Dash Collaborates with Cryptobuyer to Offer Zero Fee Promo

Dash Collaborates with Cryptobuyer to Offer Zero Fee Promo

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.”

KuCoin Shares Credit Card Accept Now as Payment

KuCoin Shares Credit Card Accept Now as Payment

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.”

Kakao Teams-up with Festy for Blockchain Payment

Kakao Teams-up with Festy for Blockchain Payment

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.”

PolisPay Teams up with Dash for MasterCard Payments

PolisPay Teams up with Dash for MasterCard Payments

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).

Mexico’s Central Bank Seeks Amazon Help For Mobile Payments

Mexico’s Central Bank Seeks Amazon Help For Mobile Payments

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.

Ripple Penetrates Middle East, Canadian Market

Ripple Penetrates Middle East, Canadian Market

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.