Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals

Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report RevealsInvestment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. Australians Lose $670 Million to Scammers in a […]

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Piixpay Lets You Pay Bills and Invoices With Cryptocurrency

Piixpay Lets You Pay Bills and Invoices With CryptocurrencyIf you need to regularly cover fiat payments but prefer to use your digital assets, a platform like Piixpay can be very helpful. The payment provider allows you to use cryptocurrencies to pay invoices, bills and make other recurring payments to recipients that still accept only traditional money. Also read: Bounty.Cash Pairs Projects With Developers […]

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Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity

A new report by a blockchain-focused research company asserts that there has been a spike in people using cryptocurrencies to send remittances. This growth is in part due to the high costs incurred when using more traditional methods such as Paypal.  Also read: Seven Cryptocurrency Trends to Look out for in 2019 Easier, Cheaper, Faster The […]

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Study Finds Cryptocurrency Isn’t Among the World’s Payment Trends

global payment trendsWhen you’re absorbed in the bubble of the cryptocurrency world, it’s sometimes hard to remember there are plenty of people who still haven’t heard of Bitcoin, let alone Monero, Ethereum, and Ripple. While experts in the industry are busy debating the use of blockchains to expedite payments and eradicate fraud (among a myriad of other things), the majority of the world is blissfully unaware. But while you can probably cut your parents some slack, and maybe those distant relatives who live out of town, what about WorldPay, the global payment experts? With a reputation for detecting and even shaping the

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Consumer Protection Association Slams Bank for Blocking Transfers to Bitcoin Exchanges

Consumer Protection Association Slams Bank for Blocking Transfers to Bitcoin ExchangesFrom Israel to Australia, commercial banks in various parts of the world have tried preventing people from entering the cryptocurrency market by blocking money transfers to bitcoin exchanges. Now the largest consumer association in Portugal has called out a local bank for trying to do the same. Also Read: U.S. Rating Agency to Issue Bitcoin […]

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