WLFI Expands Into Payments: Debit Card + Apple Pay On The Way
Reports have disclosed that World Liberty Financial (WLFI) will roll out a branded debit card that users can link to Apple Pay, allowing payments using its USD1 stablecoin. The announcement was made at Korea Blockchain Week by WLFI co-founder Zak Folkman, who said the product and a companion retail app are due within weeks as […]
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As the technology wars heat up in the merchant payment industry, the establishment's foray known as Apple Pay has run into some major identity theft and fraud issues. NFS (Near Field Communications) may be clever. Biometric fingerprint scans into iPhones can make a user feel safe and secure, or just forward the user's information to unknown third parties. At the core of the problem is the weakest link in the Apple Pay chain. The debit card itself. Fraud and Identity Theft quickly join Apple Pay. Apple gets a nice .15% fee for every Apple Pay based on Apple's salesmanship on the idea that....
Coinbase Card can now be used with Apple Pay and Google Pay, allowing cardholders to pay for goods and services using cryptocurrencies. Customers can also earn up to 4% in crypto rewards back when using their Coinbase Card with Apple Pay or Google Pay. Coinbase Enables Debit Card Use With Google Pay and Apple Pay Cryptocurrency exchange Coinbase announced Tuesday that Coinbase Card users “can now use your Coinbase Card with Apple Pay and Google Pay to make it even easier to spend crypto.” Coinbase further said that “Starting this week, we’ll invite select customers....
UK-based cryptocurrency and mining trading platform Bit-X has unveiled Bitcoin debit card Bit-X Debit Card to enable users to spend their Bitcoins anywhere with ease. Users can withdraw money from ATMs worldwide, direct from their Bit-x account containing BTC, LTC, USD, EUR and GBP. The card also supports online payments and point of sale payments worldwide. To make it even better, Bit-x has announced that it has done away with fees until September. The Bit-x debit card is designated in either USD or EUR, and can be ordered from any country in the world. Initially, there is no verification....
Coinbase has introduced the first U. S. -issued bitcoin debit card, the Shift Card, in partnership with Shift Payments. The Shift Card is a Visa debit card that currently allows Coinbase users in 24 states to spend bitcoin both online and at physical points of sale at more than 38 million merchants worldwide. "Merchant adoption has come a long way over the past few years, but it's still difficult for people to make regular purchases with bitcoin," notes the Coinbase announcement. "Buying gas at a local gas station or groceries at a neighborhood grocery store with bitcoin has not been....
Coinbase, the largest Bitcoin exchange in the world, has launched debit card payments in the US. The debit and credit card payments were already available to Coinbase’s European customers. Coinbase released the following statement on its website, saying that from the March 1, Coinbase users in the US will be able to buy Bitcoin via their debit cards: The Bitcoin subreddit, /r/Bitcoin, has always had mixed feelings with regards to Coinbase, but the general consensus among the community is that this is a positive development. “Today we’re launching a new Coinbase product (in beta) to users....