Tag: Payments

MoonPay, a leading global crypto payments infrastructure provider, announced the launch of NFT Checkout, a plug-and-play solution allowing any brand, creator, or marketplace to give their users a simpler, faster way to buy and sell NFTs with a credit card. In addition, NFT Checkout’s card approval rates are multiples higher than standard crypto on-ramps, leading…

Visa revealed that cryptocurrency-linked card usage hit $2.5 billion in its first fiscal quarter of 2022. The payments company has shown a significant effort to support widespread digital currency adoption. In a recent earnings call, the company announced that its crypto-linked card usage hit $2.5 billion in its most recent quarter. That figure is 70%…

The crypto market seems to have gotten attention from Google, and the company intends to offer wallets for cryptocurrencies. To this end, Google will partner with Coinbase and BitPay to “store crypto assets in digital cards.” The final goal will be to make Google Pay a comprehensive digital wallet. Google has hired former PayPal executive…

According to a survey of the payment giant Visa, almost 25% of small business owners across 9 countries, including Brazil, Singapore, UAE, and Hong Kong, said they intend to embrace digital currencies as a form of payment in 2022. Also, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in…

BitPay, one of the world’s most popular crypto payments processors, revealed that over 2021, Bitcoin’s use at merchants that use its payment services dropped to about 65%, down from 92% in 2020. Ether purchases accounted for 15% of the total, stablecoins were 13%, while Dogecoin, Shiba Inu, and Litecoin, added to BitPay in 2021, accounted…

While interest in crypto has exploded, few people are using it for its intended purpose: to pay for things – writes Tory Newmyer on The Washington Post. Billionaire tech executive Michael Saylor has called Bitcoin “the seminal invention of the human race.” His website describes it as “a bank in cyberspace” offering a “simple, &…