Crypto payments are often seen as a way to boost adoption, but is adoption growing if the business sells crypto right back? The answer is complex.
Category: Payments
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US CFPB proposes supervising digital app providers, including crypto wallets
The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading.
Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint
Mainstream commerce and big brands report improved business results and promising loyalty programs through integrations with the wider Solana ecosystem.
Help or hindrance: Is Web3 really improving mainstream industry and products?
Web3 business models based around NFTs, blockchain and crypto have slowly been gaining ground in the mainstream, to mixed success.
Crypto remittances offer cheaper alternative, but still face challenges to adoption
Crypto remittances are a lifeline for many people who need to send money to their loved ones, as they provide faster, cheaper and more transparent transactions than traditional methods.
Binance shutting down European Visa debit card in December
Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment.
Crypto payment option for Honda cars only works via third-party platform
FCF Pay’s X account has been suspended amid circulating misreporting about its “partnership” with Honda, which has never happened.
Crypto cards facilitated $3B payment volume post 2021 exchange deals – Visa VP
Visa’s CEMEA head of innovation and design Akshay Chopra reveals that the company’s partnership with cryptocurrency exchanges has facilitated billions of dollars in payment volumes.
Future of payments: Visa to invest $100M in generative AI
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993.
Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments
After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well.