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Posts Tagged ‘Debitcard’

Visa, Mastercard Plan To Increase Transaction Fees; Cryptocurrencies Don’t

Visa and Mastercard are planning to increase transaction fees for US merchants who accept card payments, Reuters reports. The hikes, which come into effect in April 2019, are likely to further damage already the fragile relationship between payment providers and merchants. Fees-Us Christ According to sources, the increases will firstly affect interchange fees, which merchants pay their banks when accepting a…

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Status Launches a ‘Tap-to-Pay’ Crypto Hardware Wallet

Status, the ethereum messaging app and mobile browser startup, has relaunched their cryptocurrency hardware wallet under a new name: the Keycard. Developed entirely open-source, the wallet will first be distributed to interested blockchain developers for free and later sold directly from Status’ website at $29 apiece. The hardware, as highlighted by Status project lead Guy-Louis…

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Barclays, Ripple Back $1.7 Million Round for Remittance Firm Using XRP

Ripple, Barclays  and other investors have backed a $1.7 million round for SendFriend, a new remittance startup that will use the XRP cryptocurrency to move funds internationally. Announcing the news on Monday, the New York-based firm said the Mastercard Foundation, MIT Media Lab, Techstars, Mahindra Finance, 2020 Ventures and 8 Decimal Capital also participated in the round.…

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New Players, Veterans and Startups Which Didn’t Make the Cut

Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field. Given that the notorious crypto boom of 2017 has been followed by the relentless bear…

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Lightning Network Beats Apple Pay in Merchant Onboarding, New Study Finds

Lightning Network is only a few seconds slower than the best (centralized) digital payment solutions on the market such as Apple Pay, and is actually “days faster” when it comes to onboarding merchants, according to researcher JP Thor. How Do Lightning Payments Compare to Debit Cards? Taking the challenge laid down by Anothony Pomplian, Thor…

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How to Accept Bitcoin Payments for Your Business

If you run a small business and want to attract more customers by offering bitcoin payments, you may be wondering where to start. Keep in mind that it’s definitely not a way of avoiding taxes. Bitcoin is simply another legal way to receive payment for goods and services. So, you’ll have to declare the payments…

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Abra’s Blockchain App to Let Users Invest in Fractions of Stocks, ETFs

U.S.-based crypto startup Abra is adding a new feature to its blockchain-based app that will allow global users to buy portions of traditional investment instruments. Announcing the news on Wednesday, Abra said the app will utilize the bitcoin blockchain and smart contracts technologies to support fractional investments in stocks, exchange-traded funds (ETFs). The app already…

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Circle’s Head of Partnerships Joins Blockchain Startup Celo

Chuck Kimble, head of partnerships at Circle, has left the company for a similar role at another blockchain startup, Celo. As Celo’s new head of strategic partnerships, Kimble will be helping the digital payments company “to bring better financial products to emerging markets and under-served populations around the world,” the company said in a press…

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Abra’s Non-Custodial Bitcoin Backed Global Investment App is a World First

San Francisco-based Abra just made cryptos more accessible with their global investment app. Lowering the Barrier for Investors One of the greatest complaints that people have when it comes to cryptocurrency is usability. Well, San Francisco-based Abra just made cryptos more accessible with their global investment app. The investment app lets anyone invest in traditional…

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