Payments News

Bitcoin, as any other type of money, is able to act as a means of payment. Bitcoin payments are supposed to be fast, secure and private, but there are some complications. Since every Bitcoin transaction must be recorded in the blockchain, the growing amount of strain on the network has resulted in transactions taking nearly four days to complete. As miners are paid with the fees from recording transactions, larger fees could help speed up your transaction, but this makes it unreasonable to pay with Bitcoin for small purchases, which are always the majority of transactions. These problems resulted in a hard fork and the establishment of Bitcoin cash, which is much faster and cheaper for payments. Other cryptocurrencies were made as an alternative for Bitcoin payments, by storing them in public blockchains or by getting rid of established mining pools, possibly resulting in the ability to double-spend a Bitcoin, if a successful 51% attack is performed.

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A crypto payments network with over 4 million users globally has bold plans for expansion and says its native token is “better than money.”
Crypto payments firm with 4M users adds top blockchain experts to team
Connor Blenkinsop
2020-10-01T12:02:00+01:00
1351
News
Shopify stores could soon allow users to pay for products with Cardano tokens with a new app that removes any payment intermediaries.
Australian dev aims to bring Cardano payments to Shopify stores
Joshua Mapperson
2020-10-01T11:49:00+01:00
5147
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Bitcoin integration led to positive results for the merchants in this study.
Merchants accepting Bitcoin laud ‘zero chargeback risks’, says BitPay report
Felipe Erazo
2020-09-30T19:33:00+01:00
4668
News
Borrowers in the U.S. can now get funds with a DeFi-powered Visa card by Swipe.
Crypto finance firm Swipe launches Visa DeFi lending card
Helen Partz
2020-09-30T13:59:00+01:00
8129
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Despite skepticism about loosening regulations on loans, the Fintech Task Force couldn't stop talking about crypto as a way of upgrading payments in the U.S.
Congress weighs crypto payments and fintech lending in hearing today
Kollen Post
2020-09-29T21:49:00+01:00
6675
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The funds will be used to set up XRP Community Fund and improve XRP Ledger infrastructure
New XRP Ledger Foundation gets $6.5 million in donations from Ripple and others
Anupam Varshney
2020-09-25T12:52:59+01:00
7197
News
bitFlyer Europe has added one more fiat deposit option.
PayPal integration bridges fiat-crypto gap for bitFlyer Europe users
Mohammad Musharraf
2020-09-21T11:12:00+01:00
7231
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Crypto continues its trek into the mainstream.
EU to see comprehensive crypto regulation by 2024
Benjamin Pirus
2020-09-18T21:12:57+01:00
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