PAYMENT
The Rise of Crypto: Why Your Website Should Accept Crypto Payments
Cryptocurrencies are transforming e-commerce, offering cost-effective alternatives to traditional banking, trustless transactions, and blockchain technology for businesses to protect their financial operations and stay competitive.
Changshu Civil Servants to Receive Digital Yuan as Payment
Changshu, a city in China, announced that civil servants, including public service personnel and state-owned unit personnel, will receive their full salaries in digital RMB starting May 2023. The move is part of China's pilot program to establish an efficient and convenient digital RMB operation and management system by 2025.
Zipmex Misses Buyout Payment
Cryptocurrency exchange Zipmex has missed the latest payment under its buyout agreement with venture capital firm V Venture. Without the $1.25 million payment, the Singapore-based exchange warned it may have to begin liquidating one of its units and suspend payroll.
South African Supermarket Chain Pick n Pay Starts Accepting Bitcoin Payments
The development of Pick n Pay means that South African shoppers can now purchase food and other goods online with Bitcoins.
Visa Files Trademark Applications for Crypto Products, Including NFTs
Payment giant Visa has filed two trademark applications to the United States Patent and Trademark Office (USPTO) concerning cryptocurrency wallets, NFTs, and the Metaverse.
Global Crypto Payment App Industry Value to Hit $2.15 Billion by 2030
The surging adoption of blockchain technology is expected to enhance the market size of the worldwide cryptocurrency payments app sector to a value of $2.15 billion by 2030, data shows.
Binance Rolls Out Crypto Tourism
Binance has launched an inaugural crypto-sponsored vacation dubbed crypto tourism meant to illustrate simple, secure, and efficient travel in Web 3.0.
Colorado Becomes First US State to Accept Crypto as Tax Payments
Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes in cryptocurrencies.
UK Consumers Need Better Education on BNPL & Crypto Payments: Research
ECOMMPAY said that UK consumers need more education on how to use BNPL and cryptocurrency payments safely.
Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge
Web3 payments revolution Fuse officially launched the blockchain payment API platform Fuse Charge.
Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service
Binance cryptocurrency exchange, the world’s largest crypto exchange platform by trading volume has announced a partnership with Brazilian payments platform Latam Gateway to restore deposits in Brazilian reals in the region.
Companies among S. American Nations are Optimistic Accepting Crypto, Study Shows
Companies permitting Bitcoin and other crypto payments have a more positive outlook in Brazil, Columbia, and Argentina, according to a study by financial payments processing firm CoinsPaid.
French Luxury Giant Balenciaga Rolls Out Crypto Payment Options
Following Gucci’s footsteps, French luxury fashion house Balenciaga has announced plans to accept crypto payments in selected U.S. stores and its online platform balenciaga.com.
Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse
SFLMaven, a luxury jewellery and goods provider, has started accepting Bitcoin payments in the real world and the metaverse for high-end vintage jewellery items.
Nearly 70% of Merchants Believe Crypto Payments will Revolutionize Business Models, Study Shows
The appetite for cryptocurrencies in e-commerce continues to gain steam as they offer more convenient and safer payment methods, according to a report by global payments solution provider Checkout.com.