Thursday, February 20, 2020
Home > Payments

Coinbase Commerce Integrates Dai Cryptocurrency for Merchant Payments

Coinbase's merchant payments arm has added support for the dai stablecoin, bringing together online retail and decentralized finance (DeFi). MakerDAO announced Thursday Coinbase Commerce had integrated dai as a payment method, opening the cryptocurrency up to affiliated online merchants and online commerce platforms like Shopify and WooCommerce. The integration

Read More

Santander Hires Former Apple Pay Exec to Lead P2P Payments

An executive formerly working on Apple's payments products has joined Banco Santander.Trish Burgess joins the Spain-based multinational as the new global head of Peer-to-Peer Payments and will direct its expansion of digital payments services globally, according to an announcement Thursday.Burgess worked at Apple for 4.5 years, her LinkedIn profile indicates,

Read More

Bitcoin Payments Processor BitPay Partners Poynt to Expand Crypto Payments 

BitPay, a leading Atlanta-based Bitcoin (BTC) payments processor established in 2011, has joined forces with Poynt, a Palo Alto-based point-of-sales (POS) terminal maker, to simplify crypto payments and make it available at more than 100,000 retail locations around the world, according to a Finextra report on February 11, 2020. Bitcoin Payments

Read More

BitPay Launches In-Store Crypto Payments With New POS Partnership

Blockchain payments provider BitPay is now taking its service into bricks-and-mortar stores.Through a new partnership announced Tuesday, the firm will be offering cryptocurrency payments at merchants' point-of-sale (POS) terminals.The effort comes via BitPay's new tie-up with open commerce platform Poynt, which the announcement says already has a network of POS

Read More

Paystand Raises $20M to Be Blockchain-Based ‘Venmo’ for Commercial Payments

Paystand, a platform using blockchain tech to automate commercial payments, has raised $20 million in Series B funding. Backing the round are a number of VC firms including DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and Wildcat Ventures. Existing investors Leap Global Partners and BlueRun Ventures also took part.Paystand

Read More

Blockchain Payments Platform Paystand Raises $20M in Series B Round

Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial payment platform.The current round includes investment from DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and

Read More

BitPay Restores Merchant Payments From Any Bitcoin Wallet Or Exchange

Bitcoin Payment Processor BitPay reinstated merchant payments against BitPay invoices from any cryptocurrency wallet, app or exchange. This was discontinued after users complained of delays due to network congestion and related high transaction fees at around the time when Bitcoin hit its peak in 2017.At that time, BitPay had in

Read More