payments News

Paysafe has announced a strategic partnership with Alchemy Pay, a prominent fiat-crypto payment solution provider. 

In an interview on Monday, U.S. Representative French Hill emphasized legislative efforts to enable the private sector to lead the development of a dollar-backed payment stablecoin and predicted quicker market entry for spot Ethereum ETFs compared to Bitcoin ETFs.  U.S.…

Mercuryo, a global payments company, has partnered with TON to introduce fiat-to-crypto conversion services for USDT.

Ripple senior director and head of product marketing W. Oliver Segovia revealed on social media that the firm intends to expand its payment services across the U.S.

Creditors of long-failed cryptocurrency exchange Mt. Gox have finally started receiving payments for their Bitcoin (BTC), which has been locked up on the exchange since February 2014. On Dec. 25, on the mtgoxinsolvency Reddit page, users speculated that Mt.Gox was…

The market research firm Technavio’s new report shows that the crypto wallet market will grow by $686 million by 2026. The report is called “Crypto Wallet Market by Product and Geography – Forecast and Analysis 2022-2026.” Technavio estimates that the…

The National Payments Corporation of India (NPCI) is looking to expand in the blockchain industry by hiring a head of blockchain. The company posted a new LinkedIn position titled “Head of Blockchain.” The new hire will lead the institution’s expansion towards using…

Stellar launched the Stellar Disbursement Platform (SDP) — an open-source global payment service. In its Aug. 16 announcement, Stellar explained that SDP can help with tasks ranging “from paying gig workers anywhere in the world to delivering digital aid’.” The…

Raj Dhamodharan, Mastercard’s head of crypto and blockchain, stated that the payment company intends to grow its cryptocurrency payment card program.

The United States Federal Reserve has announced that its own instant payment service will go live in July. Dubbed FedNow, the solution will enable instant payments on a 24/7 basis within the US. The Federal Reserve‘s financial services division has…

The Millicent project encompasses a hybrid Layer-1 distributed ledger network providing infrastructure capabilities to enable global finance.

U.S. payment API platform Strike has inked a partnership deal with crypto exchange service Bittrex to bring Lightning Network (LN) payments to over 200 countries. The move marks what could be an important milestone in the adoption of LN payment…

Travel booking giant Expedia partnered with crypto-travel platform Travala.com today, allowing users to book over 700,000 accommodations with Bitcoin and other cryptocurrencies. Pay with BTC, ETH, XRP, others  As per a press release, the billion-dollar valued American firm will partner…

A newly launched coalition is making transferring cryptocurrencies easier, with the latter infamous for long, oft-complex alphanumeric addresses that lead to misplaced transfers and lost assets. Reaching 100 Million Users On June 18, over 40 technology and crypto-centric companies joined…

Financial markets infrastructure provider, Depository Trust & Clearing Corporation (DTCC), is exploring the possibilities of utilizing distributed ledger technology (DLT) for digital asset tokenization and optimizing settlement processes. Improving Settlement and Token Security According to Finextra, New York-headquartered financial market…

UK-based social trading platform eToro is poised to launch cryptocurrency-enabled debit cards in Q2 2020, reports Business Insider, December 9, 2019. Bringing Crypto to the Masses In a bid to make the use of cryptocurrencies a mainstream phenomenon, UK-based cryptocurrency…