Tag: Payments

Payments company Visa has ended its partnership with crypto exchange FTX amid its ongoing collapse. FTX announced that it was launching a Visa debit card in more than 40 countries just in October. Payments giant Visa has terminated its partnership with FTX after the cryptocurrency exchange’s recent collapse, Reuters reported.  “The situation with FTX is…

Global payments company MoneyGram has added a service to its mobile app allowing US customers to buy, sell and hold Bitcoin, Ether, and Litecoin. Via the existing partnership with crypto exchange Coinme, the company expects to expand those cryptocurrency selections over the coming year. The new feature is being enabled by cryptocurrency exchange Coinme, in…

The UAE’s Central Bank (CBUAE) has announced the completion of “the world’s largest pilot” of central bank digital currency (CBDC) in collaboration with the central banks of four countries. Central banks from Thailand, Hong Kong, and China, with more than 20 commercial banks from these countries, took part in the pilot, recording over $21 million…

Сrypto platform BitOasis and Mastercard have partnered to launch a series of crypto card programs in the MENA region to enable the use of cryptocurrencies at points of sale and across e-commerce platforms. It will allow BitOasis customers to link their crypto wallet balances to physical or virtual cards and make fiat payments across 90…

Cash App users can now send and receive Bitcoin payments instantly via the Lightning Network, the company announced. Previously, this Lightning function on the popular payments app was limited but now Cash App users can send and receive Bitcoin via the fast solution. Michael Rihani, Cash App Bitcoin Product Lead, announced on Twitter that Cash…

Two giants of traditional finance, JPMorgan and Visa, are linking up their global private blockchains – Liink and B2B Connect – to simplify payments between nations. As Forbes reported, JPMorgan’s Liink is a network specifically designed for cross-border transfers and is offered under the bank’s blockchain and payments initiative, Onyx. Onyx provides a platform for…