Tag: Payments

Binance, the world’s biggest crypto exchange, revealed Thursday that it will gain the excess extraordinary shares of Swipe, a prominent crypto Visa card supplier. As a result, users of Binance will obtain the ability to spend their coins in more than 70 million areas worldwide.   On July 6, 2020, Binance initially reported acquiring a…

…was unexpectedly taken by Mastercard, which announced the integration of cryptocurrency payments. Mastercard partners, including merchants and banks, will be authorized to add support for digital assets to their products. The company customers will be able to buy, sell and store cryptocurrencies. The news, though long-awaited, still came as a surprise. Mastercard is getting ready…

MoonPay, a payment infrastructure provider for crypto companies, said Monday it has raised $555 million in an all-equity Series A round led by Coatue and Tiger Global that values the firm at $3.4 billion. The funds will be used to hire people, expand geographic coverage and add more payment methods such as letting users buy…

Despite the impact of the pandemic, the survey conducted by Visa reveals that consumers in the UAE are gaining confidence in their shopping behaviors towards the local merchants, digital payments, online shopping, and cryptocurrencies. Also, 84% of UAE consumers know about cryptocurrencies, with about half of them seeing crypto as an alternative to cash. According…

As cryptocurrency gains acceptance, more people are vying to get their paycheck and other benefits in Bitcoin, Ethereum, and other digital currencies, Jazmin Goodwin writes on CNN Business. Famous athletes, politicians, and everyday employees are now getting all or part of their salary this way. “Whether you’re the quarterback of the Green Bay Packers, or…

Slow invoicing processes causing cash flow problems are concerning businesses. To resolve these delays, Creative Zone, the large business-advisory company in the UAE that has served over 45,000 entrepreneurs, chose crypto invoicing through TripleA, realizing the benefits of the decentralized currency. TripleA’s crypto invoicing tool bridges the gap between companies who accept crypto and customers…