Ripple’s xRapid Payments Solution is Now Commercially Available
Ripple’s cross-border transactions product xRapid is now available for commercial use Go to Source Powered by WPeMatico
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New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin
Indonesian 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 … Read more
Payments Platform Wirex Launches Iban for Spanish and French Users, Doubles Account Limits
Wirex on Friday announced it had introduced International Bank Account Numbers (Iban) on its Euro accounts for customers in Spain and France. The bitcoin and cryptocurrency wallet firm also doubled account thresholds for users within the 31-member European Economic Area (EEA) to between $18,560 and $20,000, meaning customers can credit their accounts by that much. … Read more
Crypto Accounts for Less Than 1 Percent of Pornhub Purchases
Pornhub has revealed that less than 1 percent of purchases on the platform are made with digital currencies Go to Source Powered by WPeMatico
Debit Card Issuer Bitnovo Announces Bitcoin Cash Support, as Acceptance Continues to Grow
Bitnovo has launched support for bitcoin cash (BCH). Starting September 27, users of Bitcard and N26 account, both bank-free product offerings from the Spanish cryptocurrency trading platform, will be able to replenish their cards or accounts with BCH. Payments will be supported also. Also read: Pesamill Africa Launches as Kenya’s Latest Exchange Offering P2P And Centralized … Read more
Pushing the Boundaries of Economic Change: Bitcoin as a Medium of Exchange in Africa
Bitcoin is pushing the boundaries of economic change in Africa. In East Africa, a new deal between digital currency exchange Bitpesa and a Japanese firm shows Kenyans are using bitcoin to pay for used Japanese cars, cosmetics and electrical gadgets. In Nigeria, Sure Remit is helping make cash transfers cheaper and in Zimbabwe, TV subscriptions, … Read more
Major Thai Bank to Test Visa Blockchain Solution for Cross-Border Payments
Visa blockchain-based solution for business clients to be tested by Thailand’s fourth largest bank, Kasikornbank Go to Source Powered by WPeMatico
US Dollar Losing Dominance as a Means for Settling Transactions in Africa
The dominance of the United States dollar as a settlement currency in Africa is being challenged by emerging payment methods in financial technology and by native African fiat currencies. In the four years to 2017, fewer people in the continent of 1.2 billion transacted via the US dollar than they did with their local currencies … Read more
Dubai Department of Finance Launches Blockchain-Based Payment System for UAE Gov’t
The Dubai Department of Finance, in partnership with the Smart Dubai Office, have launched a blockchain-powered payment system geared towards government entities Go to Source Powered by WPeMatico
Lambos, Bling and Mansions — What Purchases Do Crypto Millionaire Make
From Bentleys to islands — here’s what you could buy if you’re a crypto millionaire Go to Source Powered by WPeMatico
