Everyone is aware of crypto these days. Once obscure, these digital assets are rapidly integrating into the mainstream, particularly in the realm of e-commerce. The industry is predicted to grow from its previous perception as a niche investment for tech enthusiasts to $2.9 billion by 2030. The increasing digitisation of various aspects of life demands … Continue reading Is It Wise for E-Commerce Stores to Accept Crypto As Payment?
India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes. Earlier this year, the Bank for International Settlements (BIS) … Continue reading India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?
All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June. The real time payments are available since 2017. However, only half of the banks in the eurozone have adopted the technology and it is mainly used for domestic payments. Now, the adoption … Continue reading Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020
The Chief economist in one of the biggest freelance platforms Adam Ozimek has said that there has been an increase in the demand for freelancers with some tech-savviness. It was reported that there has been a tremendously growing need for workers who are tech-savvy or have one form of tech skill or another; most employment providers … Continue reading Upwork Listed Cryptocurrency Affiliated Gigs as the Highest Paying for Freelancers
Whatsapp, the Facebook-owned messaging platform has been engaging in preliminary talks with multiple Fintech establishments to launch digital payments in Indonesia. The digital payment system by Whatsapp could become the second country globally where it will be launched, as reported by Reuters. Facebook’s dealings with digital wallets could become a template for Whatsapp to adopt in other emerging markets … Continue reading Whatsapp is Close to Launching Digital Payments in Indonesia
The news has been making the rounds again as grievances have been seen expressed about the exploitative conversion fees being charged by PayPal. The e-payment giant has been receiving some attention from social media as well as its community page about the incorrect conversation fees it charges its clients, one of its users is of … Continue reading PayPal Exposed of Overcharging Clients: Can Bitcoin be the Remedy?
According to an announcement made yesterday, Moneygram had liaised with Visa with plans to launch a peer-to-peer debit card service. This was made known in the details of the recent news of the acquisition of payment service operator MoneyGram by Ripple. There was a lot of anticipation by the XRP community that this debit card … Continue reading Visa's New Debit Card Rumored to Use XRP for Payments
This article was provided by our content partner, Nexchange Now. Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.” “The finance minister and Venezuela’s central bank have new instruments which we will … Continue reading Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’
Nordic Store, an Icelandic retailer, recently purchased goods from IKEA Iceland, and the transaction was settled through the Ethereum blockchain. The operation was facilitated by Tradeshift, a supply chain payments company, and Monerium, a licensed e-money for blockchains firm. Tradeshift availed the platform needed for the transaction, whereas Monerium provided smart contracts on the Ethereum … Continue reading IKEA Permits Invoice-Payment through Ethereum Blockchain
As the death of Gerald Cotten, founder of Quadrigacx, a once reputable cryptocurrency exchange in Canada took the world by surprise, efforts to mitigate the losses incurred by users of the platform have hit yet another win for customers whose assets remained unrecoverable as Jennifer Robertson, late Gerald’s wife has issued a statement on Monday, … Continue reading Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement