Category: Payments
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4 Philippine Banks Aim To Revolutionize Digital Payments
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Cryptocurrency is gaining a foothold in a Southeast Asian country after several local banks teamed up to launch a new stablecoin for their citizens to invest in digital assets. Four Philippine banks are preparing to offer a Multi-bank stablecoin To allow Filipinos to become a part of the cryptocurrency scene,…
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Dogecoin Payments Coming To X? Here’s What We Know So Far
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Talks about Dogecoin payments on batch X have surfaced again following recent developments. These developments include recently leaked code indicating X payments Launch imminent. Rumors of Dogecoin payments are on the rise amid the imminent launch of X Money Talks about Dogecoin payments on X have increased in frequency amid…
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How to Accept Crypto Payments on Your Website With the No. 1 Crypto Payment Gateway
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Cryptocurrency payments are moving forward, and more companies are exploring this area to reach a wider audience. Cryptocurrency payments have emerged as a secure and popular digital payment option. Many cryptocurrency payment processors allow you to accept cryptocurrency payments directly on your business website. In this article, we will learn…
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Detroit Becomes Largest US City To Accept Bitcoin And Crypto For Tax Payments
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On Thursday, Detroit announced plans to become the largest city in the United States to accept bitcoin and other cryptocurrencies to pay taxes. according to Local media reportsResidents will be able to make payments through a PayPal-operated platform from mid-2025 as the city looks to modernize its payment systems. Cryptocurrency…
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State changes tune on SHA premiums for informal workers, to allow monthly payments
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The Government has temporarily revised its Social Health Authority (SHA) payment policy, to provide relief to informal sector workers who may struggle with lump sum contributions. Non-salaried individuals will now have the option to pay their SHA premiums monthly instead of the previously scheduled annual lump sum. Under the gazetted…
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Unite union threatens legal action over cuts to pensioners’ winter fuel payments
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The union Unite has issued a stark warning to the UK Government over its controversial decision to cut winter fuel payments for millions of pensioners, threatening to pursue a judicial review if the policy is not reversed. The policy, initially announced in July and confirmed in the latest Budget, aims…
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Emerging trends and opportunities in East Africa’s digital payments ecosystem
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In recent years, East Africa has made great strides in adopting digital payments. Notable trends that have emerged include e-commerce card transactions, contactless methods such as tap to pay and QR code payments, alongside already sophisticated mobile payment systems. Another trend in the evolving, more comprehensive and efficient digital payments…
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Exclusive: Payments platform Melio raises $150m
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Exclusive: Israeli payments platform better Globes has learned that the company has raised $150 million in a financing round led by US strategic investor Fiserv. The funding round marks a rebound for Melio, which last raised money in 2021 at a company valuation of $4 billion, but has since seen…
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AI is being used to send some households cash relief payments
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Nearly 1,000 hurricane-impacted families in North Carolina and Florida will benefit this week from a new disaster assistance program that uses a model not commonly used in charity in the United States: giving people quick, direct cash payments. The nonprofit GiveDirectly plans to send $1,000 payments on Friday to some…
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VIVEK: Bitcoin Lightning Payments Has a Long Way To Go In India
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As an Indian Bitcoin user who recently returned home, I found myself using UPI digital payments frequently for everyday spending. UPI (Unified Payments Interface) is a bank-to-bank payment system in India that has become ubiquitous for making payments by scanning QR codes or using phone numbers. It has enabled even…
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VIVEK: Bitcoin Lightning Payments Has a Long Way To Go In India
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As an Indian Bitcoin user who recently returned home, I found myself using UPI digital payments frequently for everyday spending. UPI (Unified Payments Interface) is a bank-to-bank payment system in India that has become ubiquitous for making payments by scanning QR codes or using phone numbers. It has enabled even…
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Bitcoin Swap Service Boltz Launches BTCPay Server Plugin For Lightning Payments
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today, Boltz Announced the launch of the Boltz BTCPay plugin, the first feature of its kind, in open beta. The plugin allows merchants using the BTCPay server to easily accept Bitcoin via Lightning before it is automatically exchanged and stored non-custodial on their account. Liquid network. Uses the “Nodeless” mode…
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Bitcoin Swap Service Boltz Launches BTCPay Server Plugin For Lightning Payments
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today, Boltz Announced the launch of the Boltz BTCPay plugin, the first feature of its kind, in open beta. The plugin allows merchants using the BTCPay server to easily accept Bitcoin via Lightning before it is automatically exchanged and stored non-custodial on their account. Liquid network. Uses the “Nodeless” mode…
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Alby Releases Alby Go, A Mobile App For Self-Custodial Bitcoin Lightning Payments
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Alby today announced the launch of Albie Joea mobile app available for iOS and Android that allows users to make self-custodial payments via their Lightning node. Users can connect the app to Lightning nodes and wallets including: Albi CenterUmbrel, Start9, LifPay and CoinOS to enable self-custodial payments via Lightning. The…
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Alby Releases Alby Go, A Mobile App For Self-Custodial Bitcoin Lightning Payments
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Alby today announced the launch of Albie Joea mobile app available for iOS and Android that allows users to make self-custodial payments via their Lightning node. Users can connect the app to Lightning nodes and wallets including: Albi CenterUmbrel, Start9, LifPay and CoinOS to enable self-custodial payments via Lightning. The…
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Canada Moves Away From Retail CBDC, Shifts Focus To Broader Payments
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In a major shift, Canada’s central bank, the Bank of Canada, has decided to Advertise The Canadian government has announced that it is scaling back its work on a retail central bank digital currency (CBDC) and shifting its focus to broader payments systems research and policy development. The decision comes…
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Canada Moves Away From Retail CBDC, Shifts Focus To Broader Payments
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In a major shift, Canada’s central bank, the Bank of Canada, has decided to Advertise The Canadian government has announced that it is scaling back its work on a retail central bank digital currency (CBDC) and shifting its focus to broader payments systems research and policy development. The decision comes…
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Safer, smoother payments can be AI’s ‘killer app’
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Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. More than $200 billion expected AI technology is expected to flow into the global AI industry by 2025 – nearly five times present GDP of…
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Ethereum Is Not The Best Solution For Payments, Says PayPal’s Head Of Crypto — Here’s Why
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Ethereum (ETH) is not the best solution for payments, said Jose Fernandes da Ponte, vice president of Blockchain, Crypto and Digital Currencies (BCDC) at PayPal. Ethereum is not suitable for payment purposes. to talk At the Solana Breakpoint 2024 conference, Ponte drew attention to Ethereum’s inability to handle large transaction…