Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024

According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024. Half the World’s Population […]

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New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online

New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and OnlineCustomers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems. Bakkt Card Can […]

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Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’

Zimbabwe's Biggest Bank Looks at Methods to 'Leverage Cryptocurrencies'One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other emerging digital innovations.” According to the financial institution’s chairperson, Marc Holtzman, CBZ “is open-minded about new innovations, as these could open up new opportunities going forward.” Innovations Opening up New Markets Speaking in an interview […]

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Bitcoin.com Acquires Blockchain Software Startup O3 Labs

Bitcoin.com Acquires Blockchain Software Startup O3 LabsBitcoin.com has announced the acquisition of blockchain startup O3 Labs, the Tokyo-based software company that specializes in developing gateways to the digital economy. The deal will see O3 absorbed into Bitcoin.com, forming a single team dedicated to creating tools for realizing the full potential of the Bitcoin Cash network. The two companies intend to work together to build the next generation of mobile financial services, which will bear the Bitcoin.com name.

The post Bitcoin.com Acquires Blockchain Software Startup O3 Labs appeared first on Bitcoin News.

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How to Use Cryptocurrency to Send Money Abroad

A Beginner's Guide To Getting Started With Sending Money Abroad Using CryptoThe global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U.S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity. As the people in Venezuela are discovering, this can be […]

The post How to Use Cryptocurrency to Send Money Abroad appeared first on Bitcoin News.

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New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

New Pos Terminal by Pundix Allows Nigerians to Make Purchases in BitcoinIndonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches […]

The post New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin appeared first on Bitcoin News.

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