A subsidiary of SBI Holdings Inc., SBI Ripple Asia (which Uses Ripple for payment solution) has announced that it has launched a MoneyTap affiliated store settlement service. MoneyTap, a payment application designed by SBI group in partnership with Ripple it uses RID’s Diversified Ledger Technology (DLT) xCurrent as an underlying technology in remitting funds between individuals from a bank account to another.
An announcement has been made by Flexa, regarding the launching of its network and mobile app which will provide an instant cryptocurrency payment in stores and online and will be made available for several retail merchants. The CEO of Flexa, Tyler Spalding explained, “This is the first real instance of decentralized global retail payments, with the power to make commerce more efficient and accessible for millions of citizens globally.”
The DENmart marketplace will enable users to create an online store in the e-commerce sector has introduced DENcoin a brand-new digital payment system. It is a utility token that links buyers, sellers and investors in the Denmart marketplace. The token is based on the ERC-20 algorithm, built to be a stable form of payment on the DEN (Diamond Empire Network) platform and subsequently in the global market.
A new product has been launched by Civic (a Blockchain Identity enterprise) called the Civic Pay App, which will allow its user to unite identity verification, payment and rewards into a single transaction. It explained that,“Vending machines make digital identity accessible and give people the ability to experience new technology, with the Civic Pay App, once users are verified, they are able to use the same verification over and over again, further streamlining the identity and payment process.”
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.”
A popular messaging app in Asia Line plans to enter into digital payment and other fintech services. Jungho Shin, the founder of Line, said that, “My biggest priority is to ensure that the company is in a constant position to deliver innovation. As many cases in the US and Europe show, the fear is that we will become big and sluggish.”
XRPL Labs, a start up backed by Ripple is building a new Ripple (XRP) payment app for both Android & iOS. Wietse Wind founder of XRPL Labs has said “Getting ready for $XRP payments for the Community Meetup next month (in Amersfoort, the Netherlands) App will be released for store owners in the App store and Play store soon.”
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.
The Cointal, a cryptocurrency marketplace based in London targets to implement unique Unity Service. The users can trade with various cryptocurrencies such as Ethereum, Bitcoin, Ripple and other by using Paypal, ACH/ SEPA transfers, credit cards and other payment systems. The company was able to process $15 million worth transactions. It also proceeds to launch an ICO soon.
An aerospace design engineer purchased a real estate property using bitcoin cash. Cary Kuo obtained a three bedroom house in Tukwila, Washington, worth $415,000. The 10% down payment was met with the bitcoin cash holdings after huge bureaucracy.