BitPay, bitcoin payments processor, presented new plan that will make its basic services free and unlimited.
BitPay customers can now utilize the wide array of cryptocurrencies supported to purchase goods and services from renowned merchants like Gucci, Ralph Lauren, and AMC Theatres.
The situation first arose when BitPay posted a tweet stating that Ripple (XRP) could now be used to buy items in games that use BitPay, including Roblox and Smite.
The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD).
The crypto industry in 2023 could see an uptick in Bitcoin payment services, as well as customers and merchants using crypto for payments.
BigCommerce is allowing its merchants to expand their payment options and widen their market share.
The latest move has been lauded as a vital one for the ApeCoin project as it will provide it with significant exposure in the mainstream. The digital coin at press time was trading at $7.20, up over 11% in the past 24 hours.
The Wikimedia Foundation, the parent company of Wikipedia has suspended all crypto donations on its platform, in the aftermath of a three-month-long discussion about the fate of the cryptocurrencies on all of the Foundation’s affiliated websites.
The Lightning Network as a Bitcoin Layer 2 protocol allows BTC holders to form private payment channels between each other.
This came after Google dialed back its plans to add bank accounts to its payment app. The company’s ambition to offer financial services has been in the works for years.
Prominent crypto payment services platform BitPay is partnering with fintech firm Simplex to provide fee-less crypto purchases for US users.
The BitPay integration will boost sales for Wix merchants while offering broader crypto payment options to customers. BitPay will facilitate payments in 12 different cryptocurrencies.
AMC’s partnership with Bitpay will also permit the company to support three other cryptos such as Bitcoin Cash, Litecoin, and Ethereum along with Doge.
The new payment solution would allow customers to choose their crypto wallet on the Verifone terminal serving as a card reader.
With this partnership, users of UATP’s network will enjoy faster, less expensive, and more secure transactions while booking their flights with their crypto holdings.
The company will now offer a special facility where clients can use their Mastercard to conduct crypto transactions.