Exclusive: WhatsApp in talks to launch mobile payments in Indonesia
Facebook Inc’s (FB.O) messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation’s fast growing e-commerce sector, people familiar with the matter said.
South Korea’s Woori Financial Teams up with Kakao’s Crypto Payments Group
Woori Financial Group, one of South Korea’s largest banking companies, has agreed to work with Ground X in developing blockchain financial services.
Over 5 Million Merchants Throughout Thailand Now Accept Zcoin Payments
Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App.
UK Pension and Welfare Agency Examining Blockchain and DLT
The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology (DLT) as technologies that could disrupt the payments industry.
Andrew Yang Super PAC Will Accept Lightning-Powered Bitcoin Donations
This could be the first time the Lightning Network, a bitcoin scaling solution, officially impacts the U.S. presidential election.
Expert talked about the role of cryptocurrencies in payment systems
Today, the role of cryptocurrencies in payment systems is absolutely negative and criminal. That’s what said the chairman of the association “Association of Blockchain developers of St. Petersburg" Dmitry Plakhov in an interview for LetKnow.News.
Major Australian Supermarket Chain Now Accepts Bitcoin
IGA is a network of independent retailers comprising over 1400 stores spread all over Australia. Now, these stores are accepting payments in bitcoin and other cryptocurrencies.
Identification on blockchain: what you need to know about Digital ID
Digital ID on blockchain is the future of state and financial services. Distributed ID allows people to manage their own personal data. Besides preferences, however, that opportunity brings a number of threats.
Goldman Sachs CEO Hints Bank Might Launch ‘JPM Coin’-Like Crypto
Goldman Sachs may ultimately take part in the crypto disruption of finance, according to its CEO, David Solomon.
Facebook crypto plans turn up heat on EU banks over real-time payments
The euro zone could have an instant payments system shared by all banks in the bloc by the end of 2020, finance industry officials said, as lenders face more competition from the likes of Facebook and other tech firms.
BitPay CCO Believes Big Business Will Push Bitcoin’s Price Even Higher
A senior executive at cryptocurrency payments processor BitPay told Bloomberg on May 29 that bitcoin (BTC) will only expand higher from its current price.
Pyrofex Launches Cryptocurrency Payments Solution
Currently in beta mode, Numifex allows merchants to accept payments in ethereum, with plans to add bitcoin.
Payments Startup Uphold to Use Ledger Vault
French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13.
Singapore Regulator Recognizes Potential of Blockchain for Cross-Border Payments
Sopnendu Mohanty, Chief Fintech Officer of the Monetary Authority of Singapore (MAS), said that blockchain has potential for cross-border payments but the agency “does not see much” in retail bank digital currencies. Mohanty delivered his comments at the Blockchain in Business event at the Massachusetts Institute of Technology on May 2.
Ripple Partners With One of the World’s Largest Money Transfer Providers
Ria Money Transfer, a subsidiary of Euronet Worldwide and one of the largest money transfer businesses in the world, has joined RippleNet. Ria will leverage xCurrent to connect and transact with Ripple’s global blockchain payments network of 200+ financial institutions.
Blockchain Payments Firm Bitspark Releases Stablecoin Pegged to Philippine Peso
Payments services firm Bitspark is releasing a cryptocurrency pegged to the Philippine peso (PHP). The development was announced in a press release shared with Cointelegraph on April 25.
British Virgin Islands Bolsters Emergency Plan with Crypto Wallet
The partnership mainly regards the facilitation of emergency funding for the British Virgin Islands as well as payments between islands.
Lightning Labs Releases ‘Loop’ Feature for Bitcoin Payments Channels
Lightning Labs has released a new feature aimed at improving the usability of the lightning network, a bitcoin payment channel technology aimed at scaling the cryptocurrency.
U.S. Weighs Curbs on Venezuela Transaction Processing
The U.S. is considering sanctions that would effectively prohibit Visa Inc., Mastercard Inc. and other financial institutions from processing transactions in Venezuela, an administration official said, a step aimed at cutting off funds to Nicolas Maduro’s regime.
Top 7 Reasons Why Freelancers Should Prefer Receiving Payments Via Cryptocurrency
Freelancers always face challenges while receiving payments. The most important one is not getting the exact amount from the clients in case of direct payments.