Mastercard has filed a patent application for a method of connecting blockchain-based assets to fiat currency accounts which will help to speed up crypto payments.
The newly proposed blockchain system helps to provide concrete evidence of the transactions between merchants and customers in addition to the traditional receipts.
Google’s mobile payments and loyalty platform has a new look for the already established features, plus new tools to help track payments and others.
Now Venmo users will have more opportunities to use their Venmo balances, as PayPal will offer them debit cards for payments in the real world.
Billionaire Jack Ma believes that blockchain can revolutionize the world and moves from words to action: the affiliate of his Alibaba Group Holding has announced the new remittance service that will be free from transaction fees during the three month trial period.
Financial losses haven’t made Monster give up. The company is going to upgrade its business raising $300 million from the future ICO.
The latest funding will be used towards Tradeshift’s growth initiatives along with strategic investments in blockchain and artificial intelligence.
Thanks to Basepay ambitious plans, cryptocurrency payments will soon become available to a great number of people all over the world.
Dan Schulman, PayPal CEO, said that as the popularity of PayPal and its mobile payments platform Venmo grow, traditional methods of payment will be replaced by digital alternatives, which means that there will be no credit cards in 20 years.
Despite companies like eBay, Amazon, and Alibaba have changed the way people purchase consumer goods, there are still certain gaps in the e-commerce industry, and private data protection is the major one.