News
El Salvador payment app Chivo processed $52 million in remittances over the past 6 months, as expatriates make use of commission-free BTC transfers.
239
Payments News
Broadly speaking, payments are compensation for goods or services. A person can pay with cash, gold or any number of other things, depending on what the receiving party allows. Fiat money is most commonly used for payments, although crypto payments have become more common over the years. A number of services and platforms facilitate the ability to make a payment in Bitcoin (BTC) and other cryptocurrencies. Payment gateways have increased the ability to use Bitcoin in business, even for entities that are not directly in the blockchain business.
Cryptocurrency has gained significant adoption over time, with mainstream payments players also becoming involved with the asset class. Additionally, a person can pay with Bitcoin directly in a peer-to-peer fashion.
- News
The crypto payment report noted that crypto payment fees are around 1%, which is much lower than other payment options that charge between 1.5% and 3.5%
1102 - News
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.
1309 - News
The alleged removal is a bit strange considering Bored & Hungry only opened its doors back in April.
9647 - Analysis
While Bitcoin payments can be processed quite easily by businesses these days there are still some tangible issues that need to be ironed out.
2800 - News
The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing.
1370 - Research
Merchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% — or more.
2880 - News
Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.
3708 - News
Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said.
3312 - News
The payment service, which is powered by the Stellar blockchain, will enable USDC settlement with MoneyGram in “near-real-time.”
4618 - News
Improving customer experience, increasing the customer base and the hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments.
9585 - News
Merchants can now accept payments made through USDC and convert the funds directly into fiat currency.
2888 - News
The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions.
3506 - News
"The volatility is not that bad” — the mayor of the Gold Coast, Australia, suggests crypto could be used to pay local taxes in the future.
2375 - Explained
Who accepts Bitcoin as payment? Read about the companies that accept BTC as a payment method.