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Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’

Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments has exploded this year.” Major Retailers Will Soon Be Able to Accept Cryptocurrency […]

Elon Musk, the world’s richest man, hits record $348B net worth

Got Crypto? BitPay Partners With Airline Network To Unlock Travel Payments With These 10 Digital Assets

Digital assets are getting taken to the skies after one travel agency partners with BitPay to accept crypto payments. The airline network Universal Air Travel Plan (UATP) says it is teaming up with cryptocurrency payments provider BitPay to enable travel payments in Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC) and six other altcoins. Co-founder […]

The post Got Crypto? BitPay Partners With Airline Network To Unlock Travel Payments With These 10 Digital Assets appeared first on The Daily Hodl.

Elon Musk, the world’s richest man, hits record $348B net worth

Many Major Airlines Can Now Accept Cryptocurrencies via UATP Global Payment Network

Many Major Airlines Can Now Accept Cryptocurrencies via UATP Global Payment NetworkUniversal Air Travel Plan (UATP) is bringing more than 300 airline members and travel merchants cryptocurrency payment options. Airlines in the UATP network include Air Canada, Air China, Delta, Frontier, Japan Airlines, Jetblue, Qantas, Southwest, and United. UATP Gets Into Crypto UATP is an airline-owned global payment network accepted by thousands of merchants worldwide for […]

Elon Musk, the world’s richest man, hits record $348B net worth

Payments Giant Mastercard Acquires Blockchain Intelligence Firm Ciphertrace

Payments Giant Mastercard Acquires Blockchain Intelligence Firm CiphertraceMastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace. The partnership announcement says the firm will help bolster Ciphertrace’s and Mastercard’s cyber security solutions. Mastercard Purchased Ciphertrace for Undisclosed Sum On Thursday, the financial payments giant Mastercard (NYSE: MA) […]

Elon Musk, the world’s richest man, hits record $348B net worth

Shop.com now accepts Bitcoin payments after partnership with BitPay

The e-commerce portal offers the option to pay with Bitcoin, Ether, Dogecoin as well as several major dollar-pegged stablecoins.

United States-based e-commerce platform Shop.com is the latest such site to adopt cryptocurrency payments. 

The company, which is owned by Market America, announced its partnership with crypto payment service provider BitPay, which will allow it to accept payments in several cryptocurrencies including Bitcoin (BTC).

The new partnership enables Shop.com users to select the BitPay option during checkout to pay via their crypto wallets. Currently, users have the option to pay with Bitcoin, Bitcoin Cash (BCH), Ether (ETH), Wrapped Bitcoin (WBTC), Dogecoin (DOGE), Litecoin (LTC) as well as five USD-pegged stablecoins.

Describing the partnership as the next chapter in doing business, Shop.com president and COO Steve Ashley said that the BitPay integration is available in all the countries where Market America operates, which includes the United States, Canada, Australia, Hong Kong, Taiwan, United Kingdom, Singapore and Malaysia.

Related: BitPay wallet integrates 1inch Network DEX aggregator

BitPay is used by companies usually dealing with fiat currencies to act as a gateway for crypto payments. Businesses such as Las Vegas Auto Gallery and American luxury hotels The Kessler Collection signed a deal with BitPay to accept Bitcoin payments.

A recent study by the crypto payments provider revealed that both crypto holders and non-owners show clear interest in crypto payments.

As Cointelegraph reported, as many as 93% of responding crypto users indicated that they would consider making purchases in crypto in the future, while 59% of consumers who have never held crypto are interested in using it to make purchases.

Elon Musk, the world’s richest man, hits record $348B net worth

NBA’s Dallas Mavericks’ Shop to Give Rewards to Customers Paying With Dogecoin and Other Cryptos

NBA’s Dallas Mavericks’ Shop to Give Rewards to Customers Paying With Dogecoin and Other CryptosThe professional basketball team owned by the billionaire Mark Cuban, the Dallas Mavericks, announced “Mavs Cryptomania,” which gives Dallasmavs.shop customers a $25 e-gift card if they pay with cryptocurrencies like bitcoin, ethereum, bitcoin cash, and dogecoin. The Mav’s owner has been a big proponent of crypto assets and the Mav’s was the first NBA team […]

Elon Musk, the world’s richest man, hits record $348B net worth

Shop.com Announces Cryptocurrency Acceptance to ‘Kick off the Next Chapter’ of Business

Shop.com Announces Cryptocurrency Acceptance to ‘Kick off the Next Chapter’ of BusinessThis past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash, and several other digital assets can be used to purchase products via Shop.com’s websites. […]

Elon Musk, the world’s richest man, hits record $348B net worth

Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex Aggregation

Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex AggregationOn August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens. The Bitpay Wallet Supports 1inch Decentralized finance (defi) has grown exponentially according to statistics as […]

Elon Musk, the world’s richest man, hits record $348B net worth

BitPay wallet integrates 1inch Network DEX aggregator

Decentralized exchange aggregator 1inch has been integrated into the crypto wallet app BitPay, enabling users to access its rates for their crypto swaps.

1inch Network, a major decentralized exchange (DEX) aggregator and automated market maker, is broadening its reach by partnering with veteran crypto wallet provider BitPay. 

The two companies announced that 1inch’s DEX aggregation functionality is available for all users of the BitPay wallet — an app that allows individuals to manage, convert and spend 12 different cryptocurrencies through integrations with ATMs, Apple Pay, Google Pay and Mastercard. 

The 1inch Network partnership enables BitPay wallet users to use the DEX aggregator directly. 1inch Network announced wider integrations with different decentralized finance (DeFi) protocols and DEXs this year to strengthen its liquidity pools for its users

The network uses an algorithm called Pathfinder to search over 60 different liquidity sources on Ethereum, over 30 on Binance Smart Chain and over 20 on Polygon and Optimistic Ethereum. Over the past two years, the DEX aggregator has exceeded $65 billion in total volume on the Ethereum network, according to Tuesday’s announcement. In the winter of 2020, it secured funding from the likes of Pantera Capital and multiple crypto venture funds.

Related: 1inch launches mobile wallet on Apple iOS

1inch Network co-founder Sergej Kunz stated that the partnership with the BitPay wallet app provides an opportunity for the DEX aggregator to reach out to new audiences who would "benefit from the 1inch's attractive rates and user-friendly swap process.” With the integration, BitPay users will be in a position to swap their Bitcoin (BTC), Ether (ETH) or other holdings for various crypto assets at 1inch Network’s competitive rates without leaving the app. 

On Aug. 17, 1inch Network announced its deployment on the Optimistic Ethereum (OE) mainnet, following in the steps of fellow automated market maker Uniswap’s long-anticipated alpha launch of its v3 exchange on the OE mainnet. The use of the OE network is expected to significantly reduce user transaction fees and confirmation delays for both platforms.

Elon Musk, the world’s richest man, hits record $348B net worth

Bitpay Adds Google Pay for US Cardholders to Spend Cryptocurrencies

Bitpay Adds Google Pay for US Cardholders to Spend CryptocurrenciesCrypto payment service provider Bitpay has updated its wallet app to include Google Pay for U.S. cardholders to spend their cryptocurrencies. The company has already added Apple Pay and Samsung Pay is expected in the near future. Bitpay Updates Wallet App to Include Google Pay Leading crypto payment service provider Bitpay announced Wednesday that it […]

Elon Musk, the world’s richest man, hits record $348B net worth