Home / Tag Archives: payments

Tag Archives: payments

Use of Bitcoin for payments on the ‘secretive darknet’ doubled in 2018

A recent report by Chainalysis, a data analysis firm with a focus on cryptocurrency, reveales that the use of Bitcoin as a form of payment doubled in 2018 on darknet market sites. According to Wikipedia, the darknet is an umbrella term describing the portions of the Internet purposefully not open …

Read More »

SK Jewellery plans to accept cryptocurrency retail payments, Companies & Markets

Fri, Jan 18, 2019 – 8:47 PM SK Jewellery Group could accept six different kinds of cryptocurrency at its stores, under a new deal with a point-of-sale system provider, it  announced on Friday evening. Under a memorandum of understanding with Bizkey Network, the Catalist-listed jeweller will roll out these payment …

Read More »

Scammers Could Overwrite Cryptocurrency Payments, but It Won’t Be Cheap

From a merchant’s point of view, cryptocurrency is a better payment option compared to a check. When accepting check payments, there is always the risk that the check might be unfunded and subsequently returned since the merchant can’t verify the customer’s checking account balance beforehand as the database is being …

Read More »

Questions over cryptocurrency use for cross-border payments

A Bank for International Settlement (BIS) report says cryptocurrencies like Bitcoin are rarely used for cross-border payments, but two African exchangers disagree with the view. Questions about the use of cryptocurrencies for domestic and cross-border payments came up as the BIS looked into central bank digital currencies (CBDCs) as new …

Read More »

CoinGate and Surfshark smarten up cryptocurrency payments

Payment processing company CoinGate teamed up with a privacy service provider Surfshark for a pilot project of the long-anticipated Litecoin Lightning Network (LN) solution. Surfshark is the first company in the world to accept Litecoin payments via the Lightning Network during the test phase, which begins on 17 January …

Read More »

BitRail Launches Legally Compliant Blockchain Based Cryptocurrency Payments Solution

BitRail has introduced a new solution that allows businesses to accept payments made through regulated and licensed digital currencies. This feature will be accessible through a mobile app that emphasizes simplicity. Launching today, BitRail signals a new era in digital payments. Our new blockchain-backed infrastructure enables organizations to operate regulatory …

Read More »

Crypto Winter? Luno CEO Looks at the Future of Bitcoin and Mobile Payments

January 16, 2019         By: Steven Anderson We heard quite a few predictions with 2019’s arrival, and with 2018’s departure. For a while there, it seemed like every day, we were hearing something new from somebody. Now, with 2019’s first month looking at its downward slope, a new set of …

Read More »

Role of blockchain in ASEAN’s evolving payments landscape | FinTech

2018 marked a rollercoaster year in cryptocurrencies as the price of Bitcoin surged to record highs of almost $20,000, to lows that we are currently seeing. Many commentators are now saying that the volatility of this nature is the norm that the market has to live with. The public profile of …

Read More »

CoinGate adds support for TRON blockchain and TRX payments for merchants

Bitcoin and cryptocurrency payment company CoinGate has announced the addition of TRON blockchain and TRX payments for its merchant users. As blockchain-based technologies grow, the CoinGate team believes the TRX coin might as well become a commonly used payment option on its gateway. Recognizing that, the CoinGate system now provides …

Read More »

Bitfury Brings Lightning Network Payments to the First Bitcoin Exchange

Bitfury’s Lightning Peach team has just announced the implementation of Lightning Network payments on cryptocurrency exchange BTCBIT. This is the result of an ongoing collaboration between the two companies. Fast (And Cheap) As Lightning Lightning Network is a second-layer protocol, utilizing a large network of open two-party channels, to enable …

Read More »