Facepay Announces Facepay Crypto to Bring Cryptocurrency Payments to Auto Shops

Facepay Announces Facepay Crypto to Bring Cryptocurrency Payments to Auto Shops

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Facepay Inc. announced today the release of Facepay Crypto, an addition to its pioneering relational payments platform known for freeing business owners from credit card transaction fees and leveraging the security of blockchain technologies. Facepay’s Relational Payments disrupted the industry with its bold fixed-price subscription model in late 2020 and is poised … Read more

EBay Considers Crypto Payments, Already Accepts NFTs, CEO Says

EBay Considers Crypto Payments, Already Accepts NFTs, CEO Says

The major e-commerce platforms have still not taken the leap of cryptocurrencies. Almost none accept digital currencies as a means of payment. But it’s safe to say the first to do so would become the topic of conversation in the crypto space. EBay  (EBAY) – Get eBay Inc. Report which aims to be the marketplace for Gen-Z and … Read more

Uber to Start Accepting Crypto Payments ‘At Some Point’, CEO Dara Khosrowshahi Says

Uber to Start Accepting Crypto Payments ‘At Some Point’, CEO Dara Khosrowshahi Says

Uber, the US-based ride hailing major, will be integrating crypto payments option on its app “at some point.” CEO Dara Khosrowshahi spilled beans on the future plans of the company during a recent interview. The cab-booking platform claims to be used across 890 cities in over 70 countries. As of now, it has not set … Read more

P2P payments spurred crypto adoption across Venezuela in 2021

P2P payments spurred crypto adoption across Venezuela in 2021

For Venezuela, 2021 has been a year of considerable changes at the microeconomic level, where even more than in 2020, the results of powerful catalysts for change such as COVID-19 were clearly visible. In a more dynamic economy with a higher volume of operations with foreign currencies, cryptocurrencies played a key role during this year for … Read more

Ransomware crypto payments hit at least $602M last year: Chainalysis

Ransomware crypto payments hit at least $602M last year: Chainalysis

A new report estimates that ransomware payments tallied at least $602 million in 2021 — but the actual total could be much higher.Blockchain analysis firm Chainalysis released new data on Feb. 10  about ransomware activity related to cryptocurrency in 2021. However it stated that the total value is likely to end up surpassing the $692 … Read more

Upcoming Apple iPhone feature to give merchants a way to accept crypto payments

Upcoming Apple iPhone feature to give merchants a way to accept crypto payments

Apple announced plans to launch Tap to Pay for its iPhone, a new feature that effectively turns the smartphone into a point-of-sale device for businesses and merchants. So, what’s in it for crypto?The announcement explains that with Tap to Pay, iPhone-owning merchants receive contactless payments by using their mobile devices as a point-of-sale machine thanks … Read more

Bitcoin’s dominance of crypto payments is starting to erode

With Bitcoin’s price rising 60% last year, despite the fourth-quarter volatility, many investors may also have chosen to hold onto the world’s biggest cryptocurrency instead of spending it (Photo: iStock)

Last year, Bitcoin’s use at merchants that use BitPay dropped to about 65% of processed payments, down from 92% in 2020, the company told Bloomberg. Ether purchases accounted for 15% of the total, stablecoins were 13% and new coins added to BitPay in 2021 — Dogecoin, Shiba Inu and Litecoin — accounted for 3%.  The … Read more

A quarter of small businesses across nine countries plan to offer crypto payments -Visa survey

A quarter of small businesses across nine countries plan to offer crypto payments -Visa survey

Representations of virtual cryptocurrencies are seen in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterJan 12 (Reuters) – Almost a quarter of small businesses in nine countries around the world plan to accept digital currencies as a form of payment in 2022, while 13% of consumers in those … Read more

Most Crypto Users Believe Cryptocurrency Payments Will Become a Standard, Paysafe Study Reveals

Most Crypto Users Believe Cryptocurrency Payments Will Become a Standard, Paysafe Study Reveals

The use of cryptocurrencies has grown considerably over the past year, as more people fall down the Bitcoin rabbit hole. According to a study by payment processor PaySafe, most cryptocurrency enthusiasts are willing to put their money where their mouth is and get paid in cryptocurrencies, ditching fiat once and for all. The report “Inside … Read more

More than 1 in 10 first-time home buyers sold crypto to fund down payments — Here’s what to know before you do it

More than 1 in 10 first-time home buyers sold crypto to fund down payments — Here's what to know before you do it

Many Americans are using their tendies to tap into the American Dream — and the trend doesn’t show signs of stopping. Nearly 12% of first-time buyers indicated that selling cryptocurrency holdings contributed toward building a down payment for a house, according to a survey conducted by Redfin RDFN, -1.63% in the fourth quarter of 2021. … Read more

This Is What Airbnb CEO Had To Say On Accepting Crypto Payments

Airbnb Could Start Crypto Payments, CEO Hints After Twitter Survey

While trading in cryptocurrency rose to unprecedented levels last year, investors hope the new year would also be rewarding. Multiple platforms are trying to tap the emerging market with a host of services to their customers. These include an option to pay in crypto coins for goods and services people avail. Airbnb, the popular accommodation-booking … Read more

First-Time Homebuyers Using Crypto Profits for Down Payments

First-Time Homebuyers Using Crypto Profits for Down Payments

Many companies featured on Money advertise with us. Opinions are our own, but compensation and in-depth research determine where and how companies may appear. Learn more about how we make money. The cryptocurrency boom is helping some homebuyers break into a red hot real estate market. A new survey from Redfin found that 11.6% of … Read more

Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals – Finance Bitcoin News

Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated, however, that the authority’s hardline stance … Read more

Retailers to drive crypto payments adoption: Survey

Retailers to drive crypto payments adoption: Survey

Crypto payments might be the innovation companies are looking for. A recent survey by payment network Mercuryo revealed that 57% of respondents believe accepting cryptocurrency payments would give companies a competitive edge. Among the other standout statistics, more than a third of businesses reported that customers had asked to pay in Bitcoin (BTC), Ether (ETH) … Read more

Wall Street financial advisor LionTree explores crypto payments

Wall Street financial advisor LionTree explores crypto payments

Wall Street financial advisor that helped Amazon acquire MGM studios this year is exploring crypto payment options.LionTree, a popular financial advisor and investment banking firm, is looking into cryptocurrencies as a payment option. In its year-end letter, Chairman and CEO Aryeh Bourkoff talks about crypto as a potential tool for empowering individuals and explores some … Read more

The End Of Cash, The Rise Of Crypto And The Future Of Payments

The End Of Cash, The Rise Of Crypto And The Future Of Payments

Cash App icon displayed on a phone screen and representation of cryptocurrencies are seen in this … [+] illustration photo taken in Krakow, Poland on November 16, 2021. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Payments evolve. Consumers adjust and quickly. We are in a growth window that should and will … Read more

Banks Unprepared for Crypto-Powered Payments

Banks Unprepared for Crypto-Powered Payments

If you’ve been following the regulation of cryptocurrency and the FinTech companies that use it, you probably won’t be surprised to learn that a lawyer for a FinTech-focused venture capital firm considers U.S. policy to be incoherent. While the first serious step towards regulation at the federal level came on Nov. 1 — when the … Read more

Benefits Of Crypto Payments And DeFi Projects For SMEs

Benefits Of Crypto Payments And DeFi Projects For SMEs

London, UK, Dec. 06, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire)  It’s been over 10 years and it is safe to say that cryptocurrency is here to stay. Since the launch of the first cryptocurrency, the Bitcoin, the crypto market has witnessed a proliferation of digital currencies. It is estimated that there are currently over 9,000 … Read more

Crypto Payments Firm TripleA Granted MAS License

Crypto Payments, TripleA, Monetary Authority Singapore License

Asian cryptocurrency payments company TripleA is the first standard payment institution to secure a digital payment token license from the Monetary Authority of Singapore (MAS), the country’s central bank, according to a company announcement Tuesday (Nov. 30). TripleA’s cryptocurrency license allows the firm to offer end-to-end cryptocurrency payment services for businesses, including crypto payments, crypto … Read more

crypto: PayPal inches up on enabling crypto payments for shopping

crypto: PayPal inches up on enabling crypto payments for shopping

Digital payments co PayPal up 0.5% at $201.55 in early U.S. premarket trading after it enables bitcoin payments to shop at the millions of merchants on its network. Co launched “Checkout with Crypto” service in March, which allows U.S. users to use their cryptocurrency holdings to pay online merchants globally PYPL launched cryptocurrencies buying and … Read more

Panel: Crypto Payments Will Divide Merchants

Panel: Crypto Payments Will Divide Merchants

Once thought of as just a fad, cryptocurrencies are gaining, well, currency as a conduit for mainstream commerce. BitPay CEO Stephen Pair, PacSun CEO Michael Relich and Verifone Head of Advanced Payment Methods Jeremy Belostock told PYMNTS’ Karen Webster that merchants need to heed the clarion call: Tens of millions of consumers across the globe … Read more

AMC Explores Addition of Shiba Inu to Crypto Payments Lineup

AMC Explores Addition of Shiba Inu to Crypto Payments Lineup

AMC Entertainment is seemingly exploring ways to add Shiba Inu to the list of cryptocurrencies that it accepts as a payment method at its theatres. The company’s developers are already hard at work adding code to support a group of coins, and now they may be even busier. The movie chain is currently gearing up … Read more

How to Accept Crypto Payments

How to Accept Crypto Payments

Improved Payment Security One of the trends made prominent by the coronavirus pandemic is the growth in credit card fraud. According to data, the volume of attempted fraudulent transactions jumped by 35 percent in April 2020 compared to a year before. Credit and debit cards were also the largest source of fraud reports amongst all … Read more

Crypto payments becoming a trend among Singaporeans

Crypto payments becoming a trend among Singaporeans

(Photo by Ozan KOSE / AFP)Crypto payments continue to see increasing growth and demand around the world. Cybercriminals are probably the biggest advocators of crypto payments as it is their preferred payment method for receiving ransom funds.But it’s not just cybercriminals enjoying crypto payments. Several organizations are now offering crypto payment rewards through various programs … Read more

Crypto payments platform introduces a solution to scalability concerns with the help from co-inventor of blockchain

Crypto payments platform introduces a solution to scalability concerns with the help from co-inventor of blockchain

Since the release of the Bitcoin white paper exactly 13 years ago, blockchain technology has revolutionized several industries with multiple use cases, including facilitating money transfers, automated legal contracts, and providing traceability to the supply chain. And a blockchain project advised by the co-inventor of blockchain technology, Dr. Scott Stornetta, has decided to launch their … Read more

Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’ – Bitcoin News

Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says 'Mass Crypto Adoption Well Underway'

On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate … Read more

Second Biggest Mortgage Provider in US Stops Accepting Crypto Payments

Second Biggest Mortgage Provider in US Stops Accepting Crypto Payments

“As we said last quarter, we were going to look into accepting cryptocurrency and test it to see if it’s a faster, easier and cheaper solution,” the company’s CEO Mat Ishbia said in a press release. “Due to the current combination of incremental costs and regulatory uncertainty in the crypto space we’ve concluded we aren’t … Read more