Tagged: crypto payments

January 22, 2024 @ 6:01 pm By Omar Faridi  |  

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

December 22, 2023 @ 3:17 pm By Omar Faridi  |  

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

November 9, 2023 @ 9:14 am By Omar Faridi  |  

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

October 25, 2023 @ 9:50 pm By Omar Faridi  |  

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

September 21, 2023 @ 8:53 am By Omar Faridi  |  

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

September 14, 2023 @ 8:21 am By Omar Faridi  |  

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

September 13, 2023 @ 9:18 am By Omar Faridi  |  

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

August 28, 2023 @ 8:37 am By Omar Faridi  |  

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

August 4, 2023 @ 7:45 am By Omar Faridi  |  

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

August 1, 2023 @ 8:00 am By Omar Faridi  |  

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

June 22, 2023 @ 9:47 am By Omar Faridi  |  

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

June 14, 2023 @ 8:58 am By Omar Faridi  |  

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

June 8, 2023 @ 1:12 am By Omar Faridi  |  

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

April 17, 2023 @ 4:19 pm By Omar Faridi  |  

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

April 9, 2023 @ 9:31 pm By Omar Faridi  |  

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

April 3, 2023 @ 1:01 pm By Omar Faridi  |  

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

March 15, 2023 @ 7:11 pm By Omar Faridi  |  

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

March 4, 2023 @ 10:53 am By Omar Faridi  |  

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

February 27, 2023 @ 10:14 pm By Omar Faridi  |  

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

February 27, 2023 @ 4:32 pm By Omar Faridi  |  

Conflux Network, a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols, has teamed up with Alchemy Pay for easy fiat on-ramp to its ecosystem. The on-ramp payment solution “enables users to purchase crypto via local fiat currencies, which will take Conflux’s ecosystem… Read More