‘Mycelium Gear Is Not a Payment Processor, but a Blockchain Notifier’

‘Mycelium Gear Is Not a Payment Processor, but a Blockchain Notifier’

Mycelium made an unexpected announcement on May 8 — an introduction to a new project called Mycelium Gear, which is a direct, zero-fee payment processor for merchants. Bitcoin users no longer have to worry about providing their personal information to a service provider. A Mycelium spokesperson told CoinTelegraph: The news was well-received by redditors, to whom the Mycelium team made the announcement. They explained that merchants can now process their bitcoin sales directly to their Mycelium or Electrum wallets, without needing a middleman. Gear also integrates with Trezor hardware....


Related News

Mycelium Gear Offers Merchants Direct, No-Fee Payment Processing

Mycelium has announced the launch of a new merchant processor, Mycelium Gear. Merchants can now receive payments directly into a Mycelium or Electrum wallet free of charge by installing a payment widget on their website or by integrating its open-source API into their backend. In Friday's announcement on r/Bitcoin, Mycelium Community Manager Dmitry Murashchik states, "Mycelium Gear is a merchant processor which demonstrates something that has never been possible before Bitcoin: the ability for merchants to use a full featured merchant processor to receive payments online, and have the....

The Mycelium Card Network Is Coming

It seems the long-awaited Mycelium Card Network (MCN) is on the horizon. The organization’s website has had a major overhaul showing off its new product labeled the “cost efficient global distributed payment solution.” The offering is an issuance of mesh-networking cards. Mycelium explains: Mycelium has been involved with the cryptocurrency community for....

Mycelium Local Trader App Is Out Of Beta: The Most Decentralized Exchange You Can Use Today

Today, Mycelium announced that their Local Trader App has successfully made it through Beta testing and is now ready for the general Bitcoin populace. Mycelium Local Trader App allows users to create geographically tied sell orders. You can choose an exchange rate from BitStamp or Coinbase or BTC-e, then set a percentage above that which you would like to sell your Bitcoins at. Mycelium Local Trader App users in the area will be able to see the sell listing, and the potential buyer and potential seller are able to communicate within the Mycelium Local Trader App. The communication between....

Dash, Considered Alternative to Bitcoin, Integrates into Mycelium

As teams behind Mycelium and Dash announced a partnership that will see the eighth most valued cryptocurrency available for sale and purchase on one of the highest rated software wallets, a top Dash official sees a new trend in the cryptocurrency market. Dash VP of Business Development Daniel Diaz says via email: “I think the industry is moving in a direction where the most popular wallets are going to offer more than one payment network to their users. Wallets will become Blockchain agnostic and let the users decide the network that suits their needs better for a specific application. We....

Mycelium Bitcoin Wallet Crowdsale Closes in on $1 Million Fundraise, Integrates Glidera

In a month of big news for the Bitcoin wallet, Mycelium has announced the integration of Glidera. Now, users can buy and sell bitcoin in the United States and Canada through the oldest wallet in the Bitcoin space besides the original Satoshi client. “We’re excited to join forces with the Mycelium team and bring this new service to Mycelium users,” said Dave Ripley, CEO of Glidera. “Mycelium offers one of the most secure and easy-to-use wallets on the market, and the addition of Glidera will further improve the experience for new and existing users.” Glidera does not hold customer funds at....