A Payment Processor’s Perspective: Interview with Moneris
Bitcoin is evolving rapidly on a global scale as one of most important financial technologies of the century. Many businesses have decided to integrate Bitcoin, yet many continue to not accept it. I have covered the issue of Bitcoin adoption in-depth in my Bitcoin in Business series. I had the opportunity to interview Moneris chief product and marketing officer Rob Cameron regarding Moneris, their opinion on Bitcoin, and how blockchain technology will influence the financial sector. Moneris is one of North America’s largest provider of payment processing solutions and allows merchants to....
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Financial experts predict Canada to follow the trails of many leading economies such as Sweden and Denmark to eradicate cash in the future. According to recent data published by payment processing and financial firm Moneris, nearly 77% of individuals who participated in a nationwide survey preferred to settle payments and purchases using credit cards, debit cards and alternative financial platforms such as Paypal, instead of Cash. The report of Moneris showed a 162% increase in tap transactions for the third quarter of 2015 compared to last year. The firm stated that the emergence of....
Dan Ives, Wedbush Securities’ managing director, says companies are going to start FOMOing into Bitcoin very soon. Tesla’s strategic embrace of Bitcoin (BTC) will have a dramatic impact on corporate adoption of the digital asset, according to Dan Ives of Wedbush Securities. In a Monday interview with CNBC, Ives said Tesla’s exposure to Bitcoin is “not just a fad,” but part of a long-term strategy that’s driven by an investment thesis and business thesis. “I think Tesla is going to double down on its Bitcoin investment,” he said. "No doubt this is something @elonmusk and @Tesla they're....
Coinify is a Denmark-based payment processor that enables merchants to accept Bitcoin with the option of fiat-denominated bank deposits. Coinify’s latest announcement is that their merchants are now able to accept 15 additional currencies: Ether. TetherUSD. Startcoin. Dogecoin. Reddcoin. Quark. Peercoin. IXcoin. Hyper. StorjX. Nubits. Litecoin. IOcoin.....
BitPay—one of, if not the world's largest Bitcoin payment processor—is heading to Capitol Hill with the Treasury Department in its sights. The news was quietly announced on Bitpay's Twitter and Instagram pages yesterday. The reason for the meeting is not immediately clear, although an education mission seems most likely. It is also unclear whether they were invited by the Treasury Department, or whether they decided to send representatives to Washington on their own accord. We have reached out to Bitpay for comment and will update this space as necessary. Today we discuss #bitcoin with the....
Interview with Tyler Roye, CEO of eGifter; eGifter is an online retailer specializing in electronic gift cards from a very large assortment of businesses. eGifter makes it easy to send gift cards to anyone instantly. What makes eGifter more attractive than other companies that offer similar services? In addition to offering over 100 brands, they also accept Bitcoin, Litecoin and Dogecoin as payment options. Litecoin and Dogecoin are the recent crypto currencies to be accepted by eGifter. I had the opportunity to speak with Tyler Roye, CEO of eGifter, about Bitcoin and cryptocurrencies in....