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.”
A streaming service by Amazon has removed both Bitcoin and Bitcoin Cash as the alternative payment options in their platform. The removal of the payment option was confirmed by a Reddit user and confirmed by many others in the same Reddit thread. Some of the users have vowed to cancel their subscriptions due to the removal of the payment alternative.
A study conducted by the Foundation for Interwallet Operability (FIO) has revealed that it is only 30% of cryptocurrency owners are utilizing the digital assets for payment purposes. The survey was conducted to more than 200 cryptocurrency owners from all over the world. The survey also questions their experiences when using cryptocurrencies in performing transactions.
A cryptocurrency payments platform, Wirex have stepped up its strategy in the market by introducing a beta launch of crypto and fiat-enabled business accounts. The cryptocurrency business account will eliminate the requirements to convert to fiat for inter-company fund transfers, validated cryptocurrency business in the wider market place and many other features offered.
Texas based energy company, GridPlus Energy have announced they now accepting cryptocurrency such as Ethereum and Dai for payment option. They also confirmed that they will be adding Bitcoin soon as well the other major cryptocurrencies in the future. The new payment option, the settlement cycles can speed up for the 15-minutes interval whereas currently it’s done on monthly basis.
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.”
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).
Bitstamp cryptocurrency exchange has established a partnership with a Swiss online bank, Dukascopy to enable cryptocurrency funding in the platform. Dukascopy then explained, “This partnership represents another step towards our goal of bridging the gap between crypto and traditional finance. It is further proof that our efforts in compliance and regulation for the cryptocurrency industry.”
The financial regulators in Poland have granted two cryptocurrency firms in the country with the payment license which will allow the registered payment provided to offer a variety of payment services and solutions. The two firms granted are Coinquista and Bitclude which are offering crypto-related services such as exchange platforms, digital wallets etc.