Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. Among major new customers this past year, BitPay named Dish Networks, HackerOne, and the…

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SafeCharge Posts Record Revenues in the Final Quarter of 2018

SafeCharge is the next company from the industry to report record revenues in the final quarter of last year. The payment service provider managed to outperform its management’s expectations. The company posted a pre-close trading update on its investor relations website this morning. The strong momentum which the company guided the market on in November…

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Chilean Treasury Launches Blockchain Platform to Process Public Payments

The Chilean General Treasury of the Republic (TGR), which oversees tax collection in the country, has launched a blockchain platform to process payments, according to a press release published Dec. 19. TGR — a dependent institution under the Ministry of Finance — reportedly first met with the Digital Government Division of the Ministry General Secretariat…

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Brazilian Supermarket Chain Now Accepts Payment in Bitcoin

A Rio de Janeiro supermarket chain, Oásis Supermercados, is now accepting payment in bitcoin core, bitcoin cash and litecoin. It joins a growing number of Brazilian businesses in construction, ecommerce, hospitality and transport, already taking payment in cryptocurrency. Also read: Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet Shopping the Cryptocurrency Way Beginning Dec. 18,…

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Signature Bank Hits New Ethereum Blockchain Platform For Institutional Payments

If you’re not involved in the blockchain, in five years, you won’t be around as a bank. Claiming that, we have to do this, otherwise we’re not going to exist.  Signet Develop to Overcome the Lack of Traditional Platform  First Blockchain Platform With Regulatory Compliance  New York continues to support and help advance innovation through…

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InstaReM CEO: We Are Looking to Acquire Licenses in APAC Region

Cross-border payments are a perennial problem for both individuals and businesses alike. And though many new service providers have risen up over the past twenty years, issues still remain. Hidden fees and bad exchange rates are often the name of the game and can leave a user feeling as though they got gypped. Companies such…

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KuCoin Partners with Simplex, Enables Credit Card Payments

KuCoin, a Singapore-based cryptocurrency exchange, has signed a partnership which will allow users to buy cryptocurrency with credit and debit cards. Filling the gap Israeli payments firm Simplex is the other half of the deal. According to the KuCoin website, customers will now be able to buy Bitcoin, Ethereum, Litecoin, USD and EUR using their…

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Study263 Helps Zimbabweans Import Food Using Bitcoin

Study263, a Zimbabwean-owned fintech startup operating from South Africa, has opened an online store allowing Zimbabweans to buy food hampers that are delivered directly to their homes. Shoppers have the option to pay for items like cooking oil and baked beans in BTC, Paypal or Ecocash, a local mobile money payment system. Also Read: Ivy and…

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Digital Bank Revolut Surpasses 3 Million Customers

U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services for a growing number of fiat currencies and cryptocurrencies. Also read: Huobi Opens in Russia, Plans…

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Major Thai Bank to Test Visa Blockchain Solution for Cross-Border Payments

Thailand’s fourth largest bank, Kasikornbank, has recently joined the blockchain-based Visa B2B Connect program for cross-border payments, local newspaper The Nation reported Thursday, September 20. According to The Nation, Kasikornbank is the “first” bank in the country to use the technology, setting the stage for a more widespread use of blockchain in the country’s banking…

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Mastercard To Use Blockchain To Track Consumer Payments

Mastercard is ready to use Blockchain technology to improve its services and processes. According to newly published patent filings, the company is analyzing blockchain technology for keeping track of consumer payments. Mastercard Analyzing Blockchain Technology The U.S. Patent and Trademark Office has published several patent applications filed by Mastercard. The application number is 62467900 and…

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Vad är bitcoin – bitcoin explained and made simple | guardian animations

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Distributed ledger startup Ripple has endorsed three cryptocurrency exchanges as its “preferred partners” for transacting with its xRapid payments service, which uses the cryptocurrency XRP. Announced Thursday, Bittrex, Bitso and Coins.ph will now serve as Ripple’s “preferred digital asset exchanges” as part of its efforts to build out the XRP ecosystem. Cory Johnson, Ripple’s chief markets…

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The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango

Covered in The Daily on Friday are several announcements crypto users may find interesting. Ledger has added support for 8 new coins and crypto exchange Okex is launching a white label platform. Also, Exmo will offer its European users faster payments and transfers in partnership with Mistertango, and Estonian startup Citowise has integrated credit card…

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Tom Lee’s Market Research Firm Fundstrat Adds Bitcoin as Payment Method

Fundstrat Global Advisors, market strategy and research provider, announced the firm will start accepting Bitcoin (BTC) for content via Bitpay, according to a press release shared with Cointelegraph July 31. In what the company claims is a first for research firms, Fundstrat has added Bitcoin payments to its platform via payment operator BitPay, which processed…

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BRAVO’s upcoming token generation event: Bringing Crypto payments mainstream

BRAVO, the mobile payment provider is evolving to make cryptocurrency transactions mainstream. BRAVO already has a community of tens of thousands of users making fast, secure and anonymous payments daily in United States with plans for worldwide expansion. At the core of BRAVO’s Tip or Pay application, is the ease-of-use and functionality for making private…

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UK Remittance Service TransferGo Adds Crypto Trading

UK-based service TransferGo has reportedly become the world’s first remittance operator to offer crypto trading, Bloomberg reported July 27. TransferGo now lets customers buy and sell five major cryptocurrencies –– Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). According to TransferGo CEO and founder Daumantas Dvilinskas, the crypto trading option was…

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Hitachi experiments with blockchain and biometrics, introduces user fingerprints for payments

Hitachi, Ltd. is the Japanese multinational conglomerate company headquartered in Tokyo, Japan. As the banks and institutions are approaching the use cases of blockchain technology, Hitachi announced to do the same. On 25th July, Hitachi put forth its idea of using blockchain to settle payments using the fingerprints of its customers. KDDI, the telecommunication MNC, collaborated…

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Another Fake Partnership as Samsung Denies CopPay Crypto Payments Deal

On July 20 reports circulated that a partnership between electronics giant Samsung and Lithuanian crypto payment and blockchain startup CopPay was in the works. The deal was set to make it possible for Samsung customers in three Baltic states — Estonia, Latvia, and Lithuania — to pay for in-store purchases with cryptocurrencies. In surprising news, it appears…

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bitcoin explained – what is a bitcoin? explained – tech tips

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