Crypto Payments

Members of the European Parliament are preparing for a historical vote the coming week. This event could mean the end of anonymous crypto transactions. EU Could Enforce Several Restrictions According to new reports, EU legislators could block transfers to flagged jurisdictions and enforce ID  check on all crypto transactions. Urged on by Russia’s increased focus on crypto to evade financial restrictions, lawmakers worldwide are reviewing regulations with renewed intensity. The European Union has not fallen behind in this global movement.…

In recent years, cryptocurrencies have taken over the financial market. For instance, Bitcoin is today one of the most popular digital currencies. This rise to success has helped crypto infiltrate our everyday lives and wallets. Therefore, soon we may use crypto payments to purchase goods and services. This article looks closer at all the businesses embracing crypto payments to pave their way into the mainstream. Companies that Accept Crypto Payments Cryptocurrency has become a financial revolution as more businesses, and…

In recent years, cryptocurrencies and blockchain technology have increased in popularity and use. For instance, a decade ago, only a few people worldwide knew about their existence. Today, they provide secure, reliable, and convenient payment solutions. Furthermore, businesses everywhere are ready to use crypto payments as staple financial tools. Furthermore, more payment processors allow companies to convert crypto automatically into local currencies. In turn, accepting crypto payments comes with numerous benefits to retailers. In this article, we discuss the advantages…

Stripe has announced its return to the crypto market. However, the online payments company did not elaborate on the topic. Instead, it only tweeted a short message revealing its plans to build the “future of Web3 payments.” Apparently, a team of engineers and designers will work on the company’s ambitious project. And, that’s all we know so far. Below, we discuss Stripe’s progress and whether it has what it takes to spearhead the Web3 movement. When Stripe Exited Crypto In…

Earlier today, reports unveiled that Verifone and BitPay have forged a business partnership. The deal would allow Verifone users to pay in cryptos. They also added that the details of this alliance are still confidential. Crypto Enthusiasts Get A Chance To Use Their Stash At Verifone Subsidiaries As per Bloomberg, you could soon be enjoying ordering items from Verifone’s subsidiaries like Taco Bell and Whole Food and paying with your cryptos. However, Verifone’s clients will only gain access to these payments sometime…

Today, President and CEO of PayPal Dan Schulman announced the release of a next-generation PayPal app. The PayPal CEO stated that the app would include digital payments to improve customer satisfaction. The New Features on the PayPal’s New App The PayPal CEO announced a new app that will help their customers to manage their finances better. This app has next-generation features such as a high yield savings account, in-app shopping tools, deals, and rewards. As per PayPal’s newsroom, their customers will have the…

Landon Cassill, an American professional stock car racing driver, has partnered with Voyager Digital Ltd., a crypto asset platform. Cassil has supported the cryptocurrency system; he has traded, bought, held, and even gone to mining it. The partnership will allow him to receive payment in crypto for the rest of the 2021 NASCAR Xfinity Series season. In addition, the No. 4 Chevy will feature a Voyager paint scheme in Saturday's Tennessee Lottery 250 at Nashville Superspeedway. Building a Network in…

E-commerce giant Amazon has moved to elect an ex-Financial Conduct Authority(FCA) official. This action follows Amazon's job advert announcement, which seeks to venture into digital currencies. In essence, the advert included a Digital and Emerging Payments division that will enable users to swap their cash into cryptocurrencies.  Two years before, Amazon secured at least six officials from the FCA, out of which four of them came on board a year later. The four regulatory specialists work for specific positions in Amazon,…

In a lighthearted tweet shared on Jan 20, 2020, Binance CEO Changpeng “CZ” Zhao revealed that Pornhub would now start accepting Binance Coin (BNB) as one of its payment methods. The move by Binance to partner with the adult content platform will expand the use cases of the BNB coin while introducing yet another crypto payment method for products offered by the Pronhub site. The CEO played on the theme in a series of tweets, announcing the super offer that…