Payments

Celo to Issue At Least $15.7 Mln in Community Grants During 2020

Open-source payments network, Celo (cGLD), announced on March 31 that it had awarded $700,000 in developer grant funding to 16 startups looking to build on the Celo network.  Cointelegraph spoke to Xochitl Cazador, the head of ecosystem growth at cLabs — the company behind Celo — to discuss what they look for from grant applicants, …

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Bitcoin’s Lightning Becomes Latest Protocol to Court Publishers With Micropayments

The trouble with bitcoin payments these days may be a lack of spenders, not spending opportunities.  On Monday, the Silicon Valley bitcoin startup Lightning Labs announced a new standards proposal that makes it easier for companies to automate small bitcoin (BTC) payments, like ongoing subscriptions.  “We are using this product for our Loop service, it’s …

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Tron Partnered with Metal Pay to Allow Instant Buying of TRX in the U.S.

Tron (TRX) partnered with cryptocurrency service provider, Metal Pay, to enable instant purchase of TRX in the United States. According to an announcement shared with Cointelegraph on March 25, TRX will now be available for purchase with fiat currency in the Metal Pay mobile application. Users can pay for the crypto asset via debit card …

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3 Debit Cards Nigerians Can Use to Spend Cryptocurrencies in Stores and Online

</header> <strong>Options to acquire cryptocurrencies in Nigeria have been growing in number, along with</strong><strong> increasing interest in bitcoin. Nigerians are also starting to see more opportunities to spend their coins in brick and mortar stores and at online merchants. Three crypto debit cards are now available to the residents of the African nation which is …

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Thai Remittance Platform Starts Processing Ripple Payments

A Bangkok-based remittance platform has become the first non-banking institution in Thailand to use Ripple’s blockchain tech to process international payments. Ripple said Wednesday DeeMoney is now using RippleNet to process transactions in a move aimed to cut costs. Launched in 2018, DeeMoney provides same-day settlement services for Thai bank accounts. The company turned to …

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Coinbase Card Users Can Now Make Crypto-Backed Payments With Google Pay

Google Pay users can now make payments with cryptocurrencies, thanks to a tie-up with Coinbase’s debit card offering. The cryptocurrency exchange announced Tuesday that Coinbase Cards can now be added to users’ Google Pay wallets, enabling crypto-backed payments from Google Pay-enabled devices, such as phones or smartwatches, apparently for the first time. Based in San …

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Opera Browser Adds New Cryptocurrency Purchase Options

The Opera browser app has partnered with e-payments startup Wyre to expand its built-in wallet’s crypto buying power, the Norwegian web developer announced Tuesday. In a deal that primarily caters to mobile crypto buyers in the U.S., the Opera–Wyre partnership brings Apple Pay functionality to iOS and debit card integration to Android. It lets users …

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Crypto Payments Firm Halts Operations Citing Singapore’s New Regulatory Regime

Cryptocurrency payments provider Coinpip has shut down, but possibly only temporarily. The Singapore-based firm announced on its website that it has “suspended operations” while it looks at becoming licensed by the country’s financial regulators after new rules were brought in earlier this year. “We will focus on reviewing license requirements under the Singapore Payment Services …

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BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies

Researchers at the Bank for International Settlements (BIS) are grappling with the future of payments – so much so that their newest quarterly report, released Sunday, is entirely dedicated to what that potential revolution holds. In its 138-page look at what lies beyond the financial horizon, the Swiss-based institution reckoned with coming trends that may …

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