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PayPal, others brace up for the tough challenge from a new app built on a bank-owned payments network.
Recently, Argentina-based payment operator enBitcoins expanded its services to Colombia and has plans for Mexico and Latin America.
After Apple Pay’s much-hyped payment system’s launch in the United Kingdom has already encountered some problems with a double-spend issue.
Bitcoin users can now buy bitcoin at any of 5,000 vendors in Mexico using Chip Chap the “e-money converter.”
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South African payments gateway PayFast added bitcoin as a payment method on its platform, partnering with the BitX exchange and allowing buyers to make purchases using bitcoin at over 30,000 online sellers
Russian payment service provider Qiwi has reportedly invested “several hundred million rubles” to develop the first cryptocurrency designed for the Russian market.
PayPal has officially announced that the company agreed to acquire a San Francisco-based online money transfer technology and services company Xoom to the tune of US$890 million.
Stripe, arguably one of the fastest growing fintech startup that allows users to accept payments through several different payment service providers has recently announced its support for Alipay, China’s largest payment processor.
Ninki Wallet is the first PGP Bitcoin wallet that allows users to create a payment network, send and receive invoices, and send and receive Bitcoin without having to deal with addresses.
Bitcoin payments startup Yellow has launched a bitcoin voucher service in Egypt, as an alternative solution for “costly and inconvenient” payment platforms.
Dilip Rao, Managing Director of Ripple Labs in Sydney, has announced that Ripple will continue to expand its “highly demanded” real-time settlement protocol in the Asia-Pacific region.
Bitnet and PAY.ON have announced a partnership allowing PAY.ON’s entire customer base, which includes over 100 PSPs and 56,000 merchants, to accept bitcoin on its platform.
Apple said in January that 2015 would be “the year of Apple Pay.” A recent Reuters report suggests otherwise, however.
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