Visa and Worldpay admit fault for accidently charging Coinbase users multiple times for one transaction #NEWS
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Visa, Worldpay Take Blame For Duplicate Charges On Coinbase, Reverse Transactions
Category: VISA
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Citibank India to Not Permit Card Customers Purchasing or Trading Crypto
Citibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over a century old institution is following a growing number of traditional banks in cutting off access to […]
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Will Bitcoin Become the New Visa?
Over the last 12 months, you’d be forgiven for thinking that Bitcoin has become the new black. It’s escaped the underground and is, at last, a household name. Disclosure: This is a Sponsored Article Now, for nothing more than a long number, you can book flights to the other side of the world, buy a new laptop, and play online games like poker. If Bitcoin is the new black, then the technology behind Bitcoin, Blockchain is the new rock and roll and there’s nothing folks won’t try to do with it. From smart contracts to tracking African conflict diamonds, BlockchainPowered by WPeMatico
Bank of America Becomes the Latest Credit Card-Issuer to Ban Bitcoin
U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency purchases […]
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Discover Card’s 44 Million Customers Denied Crypto
The credit card company crypto squeeze continued this week with Discover Card announcing it would not allow its customers to use their card on cryptocurrency exchanges. It’s the latest in a string of credit card purveyors to block access. Also read: Tezos Swiss Foundation Concept is “Old, Inflexible and Stupid” Discover Card Removes Doubt: No Crypto […]
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Visa and Mastercard Now Charge an Additional Fee for Buying Cryptocurrency
There are many reasons why so many people use the Coinbase exchange. One of the main factors is that the company supports both credit and debit cards to buy Bitcoin and other supported currencies. Unfortunately, it seems there are some issues with these payment methods. A lot of customers have complained about extra charges when using a payment card on Coinbase. It seems such transactions are now considered “cash advances”, which is not a positive development. Using a Payment Card on Coinbase Becomes More Expensive Over the past few weeks, we have seen both Visa and Mastercard crack down on cryptocurrency-related activity. ThePowered by WPeMatico
Stripe is Withdrawing Support for Bitcoin Payments
Payment processor Stripe is halting bitcoin support. Declaring that “there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense,” the online payments specialist is calling it a day on cryptocurrency for the time being. Over the past month, a handful of other companies have also rolled back bitcoin support, […]
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PR: Payment Gateway Graft Blockchain Launches Mainnet Ahead of Schedule
Graft, the first global, open-sourced payment gateway blockchain network designed for Point-of-Sale, moving ahead of schedule and have launched its main net on January 16, 2018, before the start of the company’s Initial Coin Offering (ICO), which starts on January 18.
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Visa CEO: Bitcoin is Not a Payment System
Visa, the world’s largest credit card company, is widely regarded as being hostile to Bitcoin. It would seem intuitive that a traditional financial provider should look unkindly on anything that threatens its hegemony. Publicly, though, the company has had very little to say about Bitcoin, preferring to focus on matters within its own domain. In […]
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When IaaS Meets Blockchain
Using Blockchain technology to provide IaaS is shifting how companies manage their network. #SPONSORED
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