Payments

Citi Develops 3 Blockchains with Own 'Citicoin' Token

2015-07-01 01:48 PM | Diana Ngo

Banking giant Citigroup, has developed 3 blockchains and a test cryptocurrency dubbed 'Citicoin' to run across them.

Russians Can Pay Internet and Phone Bills with Bitcoin without Fees

2016-01-11 09:00 AM | Lana Smiley

Megafon and other mobile operators accept Bitcoin as a payment for their services.

Here Comes Mycelium Bitcoin Card

2015-12-04 04:30 PM | Martin Rojko

Mycelium, a well known bitcoin company providing mobile wallet and P2P exchange, has announced their long time awaited card.

Modest CEO Harper Reed: Bitcoin Is the Future, But It's Not Ready Yet

2015-05-03 10:07 AM | Ian DeMartino

Modest, Inc. is an interesting name for a company started by someone who proclaims himself to be “probably one of the coolest guys ever,” but the company is rising and worth keeping an eye on.

Bitcoin Holders Can Now Receive Daily Interest Payments On Coinbase

2016-01-23 11:00 AM | Amelia Tomasicchio

BSAVE announced its Bitcoin savings account for Coinbase wallet users. It allows Coinbase clients to receive daily interest payments.

Bitcoin or Surveillance? Cashless Society Will Force You to Make Tough Choices

2015-10-02 11:02 AM | Evander Smart

Are you ready for a revolution? You might have just missed it. The digital payment revolution may have already changed the world, as cash may be the odd currency out.

DarkCoin Introduces Trustless Instant Payment Confirmations

2015-02-12 07:38 PM | Charlie Richards

DarkSend releases InstantX payments update. Allows for sub five second confirmation of transactions of DarkCoin.

Australia’s 'Big Four' Banks ANZ & Westpac Test Out Ripple Payments

2015-06-09 11:34 AM | Diana Ngo

Two of Australia's "big four banks," Westpac Banking Corporation and the Australia and New Zealand Bank Group (ANZ), are trialing Ripple payments for faster and lower-cost cross-border payments.

‘Mycelium Gear Is Not a Payment Processor, but a Blockchain Notifier’

2015-05-16 11:51 AM | Jamie Redman

Mycelium made an unexpected announcement on May 8 — an introduction to a new project called Mycelium Gear, which is a direct, zero-fee payment processor for merchants.

Belize-based Digital Currency Exchanger Enables Instant Payments From Over 400 Banks in Europe

2014-10-03 06:28 PM | Diana Ngo

Belizean cryptocurrency exchange platform 247exchange.com adds Sofort Banking as one of its payment methods, allowing its customers to make instant purchases of bitcoins from more than 400 banks in 10 different European countries.

World Wide Web Consortium Launches Work Group to Boost Bitcoin Adoption

2015-10-23 12:48 PM | Erin Lace

The World Wide Web Consortium (W3C) launched new Web Payments Working Group to examine ways for easier adoption of payment instrument improvements or new payment instruments.

Digital Payments Overtook Cash Transactions in 2014 in the UK

2015-05-23 09:01 AM | Walid Dib

According to the Financial Times (FT), cash transactions in the UK fell to 48% of overall payments last year, down from 52% in 2013.

Andreas Antonopoulos to Keynote ‘Bitcoin and the Future of Payments’ at Decentral/MaRS

2015-03-06 12:52 PM | Juan S. Galt

Toronto’s Decentral is moving its meetups to MaRS incubator as their partner in their new Fintech branch. Andreas Antonopoulos is scheduled to keynote at the inauguration event on March 17.

Australia’s Biggest Telecom Telstra Eyeing Bitcoin

2015-04-17 09:24 AM | William Suberg

Amid a challenging regulatory environment, Australia’s biggest telecoms operator Telstra has indicated it is considering Bitcoin as a future payment method.

MasterCard-Backed Catalyst Launches as the World's First Dedicated Payments Incubator

2015-06-19 02:21 PM | Diana Ngo

The UK's Emerging Payments Association (EPA) has announced the launch of the Catalyst, an incubator dedicated to early stage payments companies.

Shopify’s 120K Merchants Can Now Accept Payments in Litecoin and Dogecoin

2014-10-29 04:27 PM | Armand Tanzarian

In a release sent out on Wednesday, cryptocurrency payments processor GoCoin announced it had partnered with ecommerce platform Shopify, whose 120 thousand-plus merchants will now be able to sell to customers in Bitcoin, Litecoin and Dogecoin.

Local Restaurant 'Gifting' App Itson.me adding Bitcoin and Alts for Payment

2015-03-24 11:01 PM | Ian DeMartino

Itson.me allows users to pay for literal drinks, coffee or food at local restaurants from anywhere in the world. Soon, it will be incorporating cryptocurrencies.

Banks Need ‘Secure and Anonymous’ Payments to Prevent Internet Giants from Snooping, Says French Report

2014-11-18 04:41 PM | Diana Ngo

Philippe Lemoine reveals his report on 'The Digital Transformation of the French Economy' where he suggests as much as 180 proposals in order to shake up France's technology sector, among which figures the need of developing a secure, cost-effective and anonymous payment solution based on the blockchain technology.

Czech Biggest Payment Gateway GoPay Now Accepts Bitcoin

2015-12-02 08:28 PM | Martin Rojko

Czech leading payment gateway GoPay.cz has announced that they’ve hopped on the bitcoin bandwagon and offer more than 2000 merchants to accept digital currency now.

On the Road with the Bitcoin Bus: The Bit Mom’s Journal (Part 2)

2015-04-25 12:06 PM | Catherine Bleish

Catherine Bleish on her family’s “Uncoinventional Bitcoin Bus Tour” across the USA. The self-styled “Blush Family” - John and Catherine Bleish and their two children traveled from Philadelphia to Texas using only cryptocurrency for payments.

SWIFT 2.0? Ripple Signs Major Banks to Blockchain Payments Deal

2016-09-23 05:55 PM | Evander Smart

Today, Ripple announced that they have struck a first-of-its-kind accord, with several major banking interests to created the GPSG, or the Global Payments Steering Group.

Apple And Google Explore Blockchain To Roll Up Their Wallets, Credit Cards Under Threat

2016-09-13 03:40 PM | Shivdeep Dhaliwal

Big IT names look to Blockchain solutions to lift their wallet businesses, undercutting the middlemen like Visa and Mastercard.

Mexico Bitcoin Exchanges Ready for Boom as Trump Promises Suppressing Money Transfers

2016-09-02 11:37 AM | Olusegun Ogundeji

Donald Trump promises to severely limit across-the-border money transfers, Bitcoin exchanges offer help to millions of illegal aliens.

Amazon-Owned Twitch Re-adds Bitcoin Payments Using Coinbase

2016-08-21 11:11 AM | Joseph Young

Twitch has began to offer Bitcoin as a payment option again using the Coinbase payment processing gateway since August 21, 2016.

Blockchain To Cause Major Change in Payment Industry, Shows EU Payments Council Poll

2016-08-17 04:00 PM | Olusegun Ogundeji

90% of EU payment industry professionals expect Blockchain to change payments by 2025.

Bitwala Releases App Messenger, Allows Sending Bitcoin via Chat

2016-08-10 09:20 AM | Olusegun Ogundeji

Bitwala users can now chat and make payments at the same time on a new messenger designed to improve customer’s experience on the platform.

United Pharmacies Begin Accepting Bitcoin Payments

2016-08-02 04:30 PM | Joseph Young

Online drug store and medical platform United Pharmacies has officially introduced Bitcoin as its newest payment method, offering 10% discount for all drugs and products listed on its store.

Will Work It For Bitcoin: Modern Escorts Use Cryptocurrency

2016-07-27 11:20 AM | Joël Valenzuela

Bitcoin is the modern escort’s best friend, allowing them to transact with clients with efficiency and privacy.

Blockchain Based NetCents and PayPal Integration Takes Off, Beta Testing is On

2016-07-23 01:30 PM | Iyke Aru

Online payment platform NetCents has announced the launch of its newly updated Enterprise Solutions Payment Gateway.

Trap to Spy on Benefits Spending? UK Tests Blockchain for Welfare Payments

2016-07-21 02:50 PM | Alisa Tciriulnikova

The Department of Work and Pensions has announced the developing and testing of blockchain technology to keep track of welfare benefits.

Russia to Treat Bitcoin as Foreign Currency and Enable Trading

2016-07-19 05:05 PM | Joseph Young

The Russian Ministry of Finance and the country’s lawmakers are set to treat cryptocurrencies including bitcoin as a foreign currency.

Bitcoin Blockchain Proof-of-concept: Storj and Counterparty Partner to Add Support for Payment Channels

2016-07-14 09:40 AM | Rebecca Campbell

CoinTelegraph spoke to Trevor Altpeter and Matt Young, directors of the Counterparty Foundation, about the partnership with Storj, micropayments, and the Lightning Network.

The EU Iron Fist to Hit Bitcoin and Other Digital Payments

2016-07-08 12:48 PM | Kokkinos Marinos

Triggered by the Paris and Brussels attacks, the proposed EU directive seeks to introduce stricter rules on the use of virtual currencies and prepaid cards.

Bitcoin Goes Mainstream in India, South Asia As Merchants Get Bitcoin Payment Processing

2016-06-29 02:20 PM | Olusegun Ogundeji

Indian Bitcoin exchange partners US payment processor to capture unserved Indian/South Asian market

PayPal Files Patent for Bitcoin Payment Device

2016-06-10 09:25 AM | Charlie McCombie

PayPal applied for a US patent for a payment device able to process cryptocurrencies including Bitcoin, Litecoin, and Dogecoin.

Male Contraceptive Project Loses $13,000 Bitcoin Donation Because of Payment Limit

2016-06-09 05:35 PM | Joël Valenzuela

Vasalgel, an experimental male contraceptive, lost a $13,000 donation in Bitcoin because their processor, BitPay, rejected the donation.

PayPal Stops Operating in Turkey, Online Payment Sector Turns to Bitcoin

2016-06-08 05:11 PM | Olusegun Ogundeji

With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.

What If Facebook Became A Payment Service

2016-06-03 04:25 PM | Charlie McCombie

CoinTelegraph speaks to Canadian Bitcoiner Kyle Kemper about the Social Wallet, a nonprofit that hopes to digitize every aspect of services.

London-Based Company Issues a Card With All Bank Cards In One

2016-05-30 11:00 AM | Charlie McCombie

A London company has come out with a card and a mobile app that allows customers to scan all their debit and credit cards and then use each one for separate purchases with the one card.

Nordic Payment Giant Explores Blockchain

2016-05-26 04:50 PM | Jacob J

Nets, an established Nordic payment giant, has joined hands with Coinify to explore Blockchain.

DarkCoin Introduces Trustless Instant Payment Confirmations

2015-02-12 07:38 PM | Charlie Richards

DarkSend releases InstantX payments update. Allows for sub five second confirmation of transactions of DarkCoin.

Citi Develops 3 Blockchains with Own 'Citicoin' Token

2015-07-01 01:48 PM | Diana Ngo

Banking giant Citigroup, has developed 3 blockchains and a test cryptocurrency dubbed 'Citicoin' to run across them.

Bitcoin or Surveillance? Cashless Society Will Force You to Make Tough Choices

2015-10-02 11:02 AM | Evander Smart

Are you ready for a revolution? You might have just missed it. The digital payment revolution may have already changed the world, as cash may be the odd currency out.

World Wide Web Consortium Launches Work Group to Boost Bitcoin Adoption

2015-10-23 12:48 PM | Erin Lace

The World Wide Web Consortium (W3C) launched new Web Payments Working Group to examine ways for easier adoption of payment instrument improvements or new payment instruments.

Here Comes Mycelium Bitcoin Card

2015-12-04 04:30 PM | Martin Rojko

Mycelium, a well known bitcoin company providing mobile wallet and P2P exchange, has announced their long time awaited card.

Bitcoin Holders Can Now Receive Daily Interest Payments On Coinbase

2016-01-23 11:00 AM | Amelia Tomasicchio

BSAVE announced its Bitcoin savings account for Coinbase wallet users. It allows Coinbase clients to receive daily interest payments.

Shopify’s 120K Merchants Can Now Accept Payments in Litecoin and Dogecoin

2014-10-29 04:27 PM | Armand Tanzarian

In a release sent out on Wednesday, cryptocurrency payments processor GoCoin announced it had partnered with ecommerce platform Shopify, whose 120 thousand-plus merchants will now be able to sell to customers in Bitcoin, Litecoin and Dogecoin.

Modest CEO Harper Reed: Bitcoin Is the Future, But It's Not Ready Yet

2015-05-03 10:07 AM | Ian DeMartino

Modest, Inc. is an interesting name for a company started by someone who proclaims himself to be “probably one of the coolest guys ever,” but the company is rising and worth keeping an eye on.

Australia’s 'Big Four' Banks ANZ & Westpac Test Out Ripple Payments

2015-06-09 11:34 AM | Diana Ngo

Two of Australia's "big four banks," Westpac Banking Corporation and the Australia and New Zealand Bank Group (ANZ), are trialing Ripple payments for faster and lower-cost cross-border payments.

Belize-based Digital Currency Exchanger Enables Instant Payments From Over 400 Banks in Europe

2014-10-03 06:28 PM | Diana Ngo

Belizean cryptocurrency exchange platform 247exchange.com adds Sofort Banking as one of its payment methods, allowing its customers to make instant purchases of bitcoins from more than 400 banks in 10 different European countries.

Russians Can Pay Internet and Phone Bills with Bitcoin without Fees

2016-01-11 09:00 AM | Lana Smiley

Megafon and other mobile operators accept Bitcoin as a payment for their services.

Czech Biggest Payment Gateway GoPay Now Accepts Bitcoin

2015-12-02 08:28 PM | Martin Rojko

Czech leading payment gateway GoPay.cz has announced that they’ve hopped on the bitcoin bandwagon and offer more than 2000 merchants to accept digital currency now.

Banks Need ‘Secure and Anonymous’ Payments to Prevent Internet Giants from Snooping, Says French Report

2014-11-18 04:41 PM | Diana Ngo

Philippe Lemoine reveals his report on 'The Digital Transformation of the French Economy' where he suggests as much as 180 proposals in order to shake up France's technology sector, among which figures the need of developing a secure, cost-effective and anonymous payment solution based on the blockchain technology.

Local Restaurant 'Gifting' App Itson.me adding Bitcoin and Alts for Payment

2015-03-24 11:01 PM | Ian DeMartino

Itson.me allows users to pay for literal drinks, coffee or food at local restaurants from anywhere in the world. Soon, it will be incorporating cryptocurrencies.

‘Mycelium Gear Is Not a Payment Processor, but a Blockchain Notifier’

2015-05-16 11:51 AM | Jamie Redman

Mycelium made an unexpected announcement on May 8 — an introduction to a new project called Mycelium Gear, which is a direct, zero-fee payment processor for merchants.

US Family Embarks on 3rd ‘Uncoinventional’ Bitcoin-Only Tour

2015-04-23 03:03 PM | Tom Jackson

The self-styled “Blush Family” - John Bush, Catherine Bleish and their two children - has embarked on their third “Uncoinventional Bitcoin Bus Tour” in the United States.

MasterCard-Backed Catalyst Launches as the World's First Dedicated Payments Incubator

2015-06-19 02:21 PM | Diana Ngo

The UK's Emerging Payments Association (EPA) has announced the launch of the Catalyst, an incubator dedicated to early stage payments companies.

Bitcoin Goes Mainstream in India, South Asia As Merchants Get Bitcoin Payment Processing

2016-06-29 02:20 PM | Olusegun Ogundeji

Indian Bitcoin exchange partners US payment processor to capture unserved Indian/South Asian market

Australia’s Biggest Telecom Telstra Eyeing Bitcoin

2015-04-17 09:24 AM | William Suberg

Amid a challenging regulatory environment, Australia’s biggest telecoms operator Telstra has indicated it is considering Bitcoin as a future payment method.

Coinbase Launches Debit Card Payments for Bitcoin in USA

2016-03-03 08:05 AM | Charlie McCombie

Coinbase has launched debit card payments in the US. The debit and credit card payments were already available to Coinbase’s European customers.