Ethereum 

Cryptocurrency Payments Processor BitPay Adds Support for Ether

Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH). Per a press release published on Sept. 16, companies that use BitPay for payment processing are now able to accept Ether for purchases without having to set up any enhancements. BitPay has also made it possible for users to store and use Ether in a BitPay wallet, and for BitPay Prepaid Visa Card holders to top up their debit cards. Ether joins Bitcoin and Bitcoin Cash Launched in 2011, BitPay processes payments…

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Bitcoin 

Square Crypto Grants $100,000 to Open-Source Crypto Payment Processor

Bitcoin (BTC)-supporting payments service Square Crypto is giving the first of what will be many grants to support open-source Bitcoin projects to BTCPay Foundation. BTCPay receives $100,000 grant On Sept. 14, Square Crypto, the crypto-focused branch of mobile payment company Square, took to Twitter to announce that it is providing BTCPay Foundation with a grant of $100,000 to support BTCPay Server, an open-source cryptocurrency payment processor. BTCPay Server can allocate the funds to create anything, “as long as it’s free and open-source software that improves the security, scalability, privacy, user…

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Cryptocurrency 

Blockchain.com Partners with Payment Processor BitPay

Cryptocurrency wallet provider Blockchain.com has announced a partnership with a Bitcoin payment processor, BitPay. Through the partnership, Blockchain.com is expected to incorporate BitPay’s payment technology into its wallet service. Blockchain.com Users to Get Access to BitPay’s Network Blockchain.com is currently the world’s most popular Bitcoin wallet provider with over 30 million wallet users across 140 countries. The company, which was founded in 2011, mostly holds Bitcoin APIs in the wallets. BitPay has a global reach of more than 20,000 customers. BitPay’s collection of products enables users to send and receive…

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Blockchain 

Blockchain Wallet Adds Support for Crypto Payments Processor BitPay

Crypto wallet service Blockchain Wallet has integrated cryptocurrency payment processor BitPay. Payments conducted through Blockchain Wallet Blockchain announced the news on Aug. 23, stating that it now allows its users to copy or scan invoices, allowing them to make a Bitcoin (BTC) payment entirely through its wallet app.  The new functionality reportedly allows users to purchase products and services available via BitPay’s online network while retaining ownership of their private keys through Blockchain Wallet.  BitPay is one of the largest crypto payments processors and is offered in a multitude of…

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Blockchain 

Adult Entertainment Platform SpankChain Launches Crypto Payments Processor

Ethereum-based adult entertainment platform SpankChain has launched a cryptocurrency payments processor together with two new partners. An announcement published on July 31 reveals that the new service — dubbed SpankPay — is being launched with its first two integration partners: the adult entertainment industry fan platform JustFor.Fans and SkypPrivate, an anonymity-focused service that connects models and their clients via Skype and Discord. The Adult Entertainment Space Goes Blockchain SpankPay will enable users to use a host of cryptocurrencies — including BTC, ETH, LTC, Zcash, Monero and others — for instant…

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Blockchain 

Payment Processor Wirex Partners With Stellar, Plans to Launch 26 Stablecoins

United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24. Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto users to spend their cryptocurrencies with a dedicated Visa card, with a new total of nine digital token offerings. Per the announcement, users will now be able to also deposit and spend their XLM tokens through the service. Wirex has also announced plans to launch 26 stablecoins pegged to fiat currencies, including…

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Blockchain 

Payment Processor Netpay to Integrate Blockchain-Based Tool: Report

Major global online payments firm Netpay International has partnered with Israeli firm BNC LedgerTech to integrate blockchain into its services, Finance Magnates reported on Feb. 12. Netpay International will reportedly become the fourth fintech firm to use BNC LedgerTech’s digital, blockchain-based banking solution “Ubanker.” By using the blockchain-based tool, Netpay International will reportedly cut operation costs. According to the report, BNC LedgerTech charges a fixed minimum fee, whereas banks generally charge a percentage of the total transferred amount. According to Finance Magnates, Ubanker complies with European Union central bank regulations,…

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Bitcoin 

Bitcoin Payment Processor Closes Seed Investment Round Backed by Tim Draper

Bitcoin (BTC) payment processor OpenNode has completed a seed investment round with investment from American venture capitalist Tim Draper, according to an announcement on Dec. 18. Founded in April 2018, OpenNode is a multi-layered Bitcoin payment processor for merchants developed by a group of Lightning Network designers and Bitcoin developers, that aims to improve and simplify the use of Bitcoin. Per the announcement, OpenNode has raised funds from Draper and early stage venture capital firm Draper Associates. The startup plans to spend the funds on scaling the team and building…

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