It would be “the first ever truly decentralized web3 payment solution,” allowing users to spend their crypto “on everyday purchases, everywhere cards are accepted,” according to marketing materials CoinDesk reviewed.
Mastercard’s Latest Crypto Loyalty Scheme Aims to Plug Google Pay Gaps
Mastercard is working with emerging markets-focused mobile payments app Swoo Pay to offer loyalty rewards in cryptocurrency.
Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether
The round also included participation from Anatoly Yakovenko, the co-founder of Solana.
Immutable expands Web3 gaming payment options with Transak integration
Immutable deploys Transak’s functionality into its zkEVM gaming development infrastructure, powering in-game cryptocurrency and fiat payment methods.
Russia debuts cross-border payments in Tether stablecoin
In addition to Tether, companies transacting through the Exved system can use the U.S. dollar and the offshore ruble, the platform said.
Coinbase Adds Message-Based Crypto Payments to Its Decentralized Wallet
Crypto exchange Coinbase (COIN) has updated its decentralized wallet, adding a low-cost way for users to instantly send money to each other through messaging apps by adding features that seem to emulate payments giant Paypal.
Crypto payments: PayPal’s stablecoin ripple effect on markets
Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption?
Swiss city Lugano accepts Bitcoin and Tether for municipal taxes
Swiss city of Lugano officially announced that it has started accepting Bitcoin and Tether as payment for taxes and all other community fees.
Crypto payment firm Alchemy Pay adds SEPA deposits in Europe
Alchemy Pay has introduced new deposit options, including the Euro Instant solution, SEPA Instant, and the U.K. fast money transfer option, Faster Payments.
Alchemy bags money services license in Iowa, expands US services
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. as it acquired its money services license in the state of Iowa.
Strike Rolls Out Bitcoin Purchases To Users Globally
Bitcoin payments firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday.
Hashing It Out: How Web3 is causing an evolution of traditional finance
Sarah Clark, the CEO of E-Gates, believes that traditional finance needs to adopt features of decentralized finance as part of an evolution instead of seeing it as a revolution.
Ferrari’s Bitcoin acceptance is major market win, says CoinFlip CEO
It’s not a question of if big-name companies follow Ferrari’s lead to adopt Bitcoin, but when, according to CoinFlip CEO Ben Weiss.
JPMorgan Adds Programmable Payments to JPM Coin
Previously clients would need to set standing orders for payments to take place at a particular time; now they can program them to kick in when the relevant criteria are met.
Pay and dump? How businesses accepting crypto payments influence adoption
Crypto payments are often seen as a way to boost adoption, but is adoption growing if the business sells crypto right back? The answer is complex.
Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
US CFPB proposes supervising digital app providers, including crypto wallets
The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading.
US CFPB proposes supervising digital app providers, including crypto wallets
The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading.
Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint
Mainstream commerce and big brands report improved business results and promising loyalty programs through integrations with the wider Solana ecosystem.
Help or hindrance: Is Web3 really improving mainstream industry and products?
Web3 business models based around NFTs, blockchain and crypto have slowly been gaining ground in the mainstream, to mixed success.