Church’s Chicken has associated with Dash Venezuela in order to accept cryptocurrencies for payments in Venezuela. Initially, the partnership would support 19 establishments to encourage crypto payments. The director general of Church’s Chicken, Orlando Nayas, revealed that they worked with the crypto advocacy group to guide the staffs to accept crypto payments.
A Canadian law firm named McLeod Law has announced the acceptance of cryptocurrency payments for its services emerging as the first legal service provider to recognize crypto payments. This indicates that cryptocurrency is being adopted as a means of payments as an alternative option to fiat money. The company takes crypto payments through Coinsquare.
B2BinPay has recently announced that its payment service has begun to accept cryptocurrency payments. The payment platform enables the users to make global payments at a lesser cost. The users are permitted to use B2BinPay for global cryptocurrency payments such as sending, receiving, storing, exchanging and accepting cryptocurrency payments online at a reduced cost.
A survey conducted by ChronoBank has recently revealed that 66% of the respondents of the Cryptocurrency Compensation Survey are all willing to receive their wages in the form of cryptocurrencies. The survey was taken up by 445 cryptocurrency enthusiasts globally. The findings of the survey also revealed that the respondents are way happier to receive their bonus payments in digital currency.
The Bernie Moreno Companies (BMC) is to accept Bitcoin payments for the vehicle purchases and services. Reportedly, the company has been communicating with Mercedes-Benz and Porsche for the acceptance of Bitcoin, Litecoin, and Ethereum. The Founder of BMC, Bernie Moreno expressed, “We are thrilled to be able to expand the flexibility to how our clients make payments.”
The association between the $PAC and Crypto Payment Network supports companies such as Domini Pizza, Caribou Coffee, Gamestop, and others to accept payments in cryptocurrencies. The CPN enables the merchants to take cryptocurrency and receive fiat transfers. Reportedly, Gamestop, Domino Pizza, and Caribou coffee would be considering coins as consideration.
A veggies and fruits market in Kiev, Ukraine, takes crypto payments. The cryptos such as Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Nano, Horizen, Waves, and NEM are accepted. The Director of Paytomat Ukrainian Operations said, “At the moment this feature is working in test mode at a single vendor. With the help of cryptocurrency wallet app customer can scan QR-code.”
The FuzeX has partnered with Dash cryptocurrency and has also planned to launch FuzeX card in the fourth quarter of 2018 aimed at enhancing the use of crypto for payments. The CEO of BrilliantTS and the FuzeX project stated, “By partnering with Dash, we are pleased to offer benefits to the users of the FuzeX card.”
The Square Inc. has obtained approval from the U.S. Patent and Trademark Office (USPTO) for the new payment system that enables the merchants to accept any currency. The patent also details on the system that would process crypto payments at the same speed as that of traditional transactions. It would be carried on a private blockchain.
Pornhub has partnered with PumaPay, a crypto payment and billing startup. The association is to support the users make payments in cryptocurrencies. The CEO of PumaPay, Yoav Dror claimed, “With PumaPay, merchants avoid the drawbacks such as high transaction costs, the insecurity of chargebacks and associated fines and the lack of customer anonymity.”