Merchants – Page 2

Consumer-merchant mismatch slows down mainstream crypto adoption: Survey

A new Crypto.com survey reveals a huge gap between consumer demand and merchant acceptance for crypto payments.

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

Apple Pay users will technically be able to use iPhone’s Tap to Pay feature to make crypto payments across mainstream merchants and businesses.

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ECB Paper Marks Success Factors for CBDCs, Digital Euro

A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding out the private sector. ECB: Digital Euro Should Be Widely Used […]

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Australian baseball club Perth Heat to pay athletes in Bitcoin

Perth Heat will use the Bitcoin Lightning Network to make payments to professional baseball players and staff.

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Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’

Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments has exploded this year.” Major Retailers Will Soon Be Able to Accept Cryptocurrency […]

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Xiaomi retailer in Portugal now accepts Bitcoin payments

The official Portuguese shop of Chinese electronics giant Xiaomi has partnered with Utrust to unlock payments in five cryptocurrencies.

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Square to acquire Australian fintech Afterpay in $29B deal

Square will acquire Australian fintech firm Afterpay in a $29 billion stock deal, expecting to close the transaction in Q1 2022.

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Dash launches retail consumer app for shopping in stores across America

The app allows consumers to pay with Dash at over 155,000 in-store locations and 125 online retailers across the United States.

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China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major cities, taking into account their regional development priorities. Beijing Gives Away 269 Million Yuan in […]

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

Customers 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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