CoinPayments (a crypto payments gateway) has partnered with Platon Finance (a crypto membership project) to make PlatonCoin payments processing for merchants and users more smoother. Daniel Tanner, Co-founder of Platon Finance commented, “People are starting to trust cryptos again, but it’s important that new projects provide the associated security required in the growing crypto industry. CoinPayments shares our same values, and our goal to create a crypto environment that not only focuses on trust and security, but it’s also user-friendly and simple to understand.”
Newly leaked ads from e-commerce company eBay shows that the company is planning to launch a new crypto payment option for its customers. Some people are speculating that Sonja Kon, a former eBay, and PayPal executive, who recently joined crypto payments company TRUST could be instrumental in this venture. Scott Cutler, senior VP of the company, said at the that they are “seriously considering” the option of crypto payments.
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.”
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.”