Tagged: crypto payments

Eco, the Crypto Payments Fintech, Announces Acquisition of Join, a Stablecoin-powered Commerce App

Eco Inc, the crypto payments company with $95 million in funding from a16z, Coinbase Ventures, and other top technology investors, announced the acquisition of Join, a stablecoin-powered shopping app. This acquisition aligns with Eco’s vision to “create a more efficient, decentralized payment system, breaking away… Read More

Spot Bitcoin ETF Approvals Signifies a Significant Step Towards Institutionalization of Cryptocurrencies According to Alchemy Pay

Alchemy Pay, a payment gateway that connects crypto with traditional fiat currencies for businesses, developers, and end users, notes that the approval of the Bitcoin Spot ETF signifies a significant step “towards the enhanced institutionalization of cryptocurrencies, paving the way for bitcoin to reach a… Read More

Alchemy Pay, the Fiat-Crypto Payment Gateway, Partners with Worldpay

Alchemy Pay, the firm supporting fiat-crypto payment gateways, has entered into a strategic partnership with Worldpay, the global acquirer, to amplify its payment channels and elevate its payment capabilities. This partnership grants access “to Worldpay’s Visa and Mastercard payment rails on Alchemy Pay’s On &… Read More

Utility Tokens: Crypto Payments Firm Wirex and Cenit Finance to Support WXT Tokenomics

Wirex, a global firm supporting crypto payments with over 6 million users, has announced a partnership with Cenit Finance, a company in tokenomics simulation, in order “to refine and scale the tokenomics of its native utility token, WXT.” This collaboration leverages Wirex’s recently revealed strategic… Read More

Bitcoin (BTC) and Lightning Network Adoption: Bakkt to Take LN Mainstream

Bakkt is pleased to share that they are supporting a new open standard for money transmission: Universal Money Addresses or “UMAs.” Bakkt has collaborated with Lightspark to be one of its initial partners, and they are pleased to announce the alpha launch of our UMA-capable Lightning service…. Read More

Crypto Payments: Bridge21, Bitso to Enable Cross-Border Transactions from US to Latin America

Cross-border payments company bridge21 announced its partnership with Bitso, the Financial Company powered by Crypto in Latin America, in order “to expand their support for local payments from the US, throughout Latin America.” According to a report, the overall cross-border payment market “stood at $176.5… Read More

Binance Pay, Solve.Care to Enhance Healthcare Payments with Virtual Currencies

Solve.Care, which claims to be a pioneering global healthtech company renowned for its blockchain-based digital healthcare platform, has announced a partnership with Binance Pay, the contactless, borderless, and secure cryptocurrency payment technology developed by Binance, to enable users to use crypto payments “for healthcare services… Read More

Stablecoins: Crypto Payments Platform BitPay Adds PayPal USD (PYUSD) Stablecoin Support

BitPay, which claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, announced it has rolled out PayPal USD (PYUSD) payments for merchants and consumers. Xsolla will be one of the first merchants “to accept PYUSD, enabling their customers to buy any… Read More

Binance Halts Peer to Peer Crypto Transactions in Russia After Potentially Failing to Adhere to Sanctions Enforcement Requirements

P2P digital currency exchanges have reportedly assisted crypto traders with circumventing globally-enforced sanctions against Russia’s banking institutions. Crypto exchange Binance‘s recent activities might worsen its regulatory challenges in the US. The recent crackdown attempts to place a ban on transactions completed with payment cards that… Read More

DLT Adoption: Orbital Secures £5M to Help Firms Realize Potential of Blockchain Payments

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

Payments Fintech Optty, Triple-A to Expand Payment Architectures into Virtual Currencies

Optty, which claims to be the world’s first universal payments platform, announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform. As the central hub connecting and streamlining a robust global network of Buy… Read More

Cryptocurrency Payment App Oobit Completes Fireblocks Integration Ahead of European Launch

Oobit, a provider of cryptocurrency payment solutions, is pleased to announce its integration with Fireblocks, an easy-to-use platform “to create new blockchain-based products and manage day-to-day digital asset operations.” This collaboration marks “a significant milestone for both companies as they join forces ahead of Oobit’s… Read More

Payments Fintech BoomFi Secures $3.8M to Enhance Cryptocurrency Payment Options

BoomFi, a next-generation payments company, has announced an oversubscribed seed funding round of $3.8 million led by White Star Capital. The team will use the capital from the investment round “to transform crypto and digital currency payments for web3. SaaS, eCommerce, creators, marketplaces and traditional… Read More

Digital Currency Payments: Binance Pay, Lyzi Taking Crypto Transactions to “Next Level” in Europe

Payments are one of crypto’s “biggest” and “earliest” use cases, and Binance‘s new partnership with Lyzi is “helping to achieve this goal in more locations.” While many use crypto as an investment, it’s also “a great way to transfer value globally with minimal fees and… Read More

Binance Pay, ivendPay to Make Crypto Payments More Accessible

Binance, the blockchain ecosystem and cryptocurrency infrastructure provider, has onboarded the international payment service ivendPay as “a global cryptocurrency payment gateway for Binance Pay – a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App.” The partnership will contribute “to making cryptocurrencies… Read More

Crypto Payments: Ralph Lauren Now Accepting Bitcoin, Ethereum, Other Digital Currencies via BitPay

Ralph Lauren is now accepting cryptocurreny payments at its Miami Design District Store. BitPay is pleased to announce Ralph Lauren, the brand that defines “modern luxury” and timeless style, accepts digital currency payments at its new store in the Miami Design District. This store reportedly… Read More

Crypto Exchange OKX Deploys Alchemy Pay’s Fiat Onramp Solution for Seamless Purchases

OKX has launched the Alchemy Pay fiat-crypto on-ramp solution on its platform. Alchemy Pay’s payment on-ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.” The ramp integration “makes it easy for the public to access… Read More

Crypto Payments Platform Wirex, Novatti to Bring Multicurrency Card to Consumers in Australia

Wirex, a crypto payments platform, has partnered with card issuer, Novatti, to directly issue cards to Australians. The announcement has the potential “to allow over 20 million people to utilize their innovative multicurrency card every day.” Wirex claims that it “developed the world’s first crypto-enabled… Read More

Xapo Bank, Lightspark to Support Fast Bitcoin Payments via Lightning Network Integration

Xapo Bank, a Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network “to enable lightning-fast Bitcoin payments for its customers.” Xapo Bank members “can now instantly pay for small purchases of up to $100 USD at any vendor… Read More

Pundi X Teams Up with Binance Pay to Offer Frictionless Crypto Transactions

Pundi X is pleased to announces its latest partnership with Binance Pay. This partnership will bring Binance Pay, Binance’s payment service, to Pundi X’s XPOS devices, “enabling thousands of merchants across 30 countries to accept payments in cryptocurrencies more easily.” Binance Pay, “backed by Binance,… Read More