Russian Payment Processor OOOPay Embraces Bitcoin
While the situation of Bitcoin in Russia remains very questionable to say the least, there is a lot of positive focus on what blockchain technology can bring to the table. Russian officials want to be a part of the Fintech solution, while also ensuring there is no way for people to launder money or use it for terrorist funding. Whenever a Russian platform or business starts accepting Bitcoin payments, there is a lot of surprise and excitement flowing through the digital currency community. Given the love-hate relationship between Bitcoin and Russia, accepting digital currency payments....
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On 11 March, an unknown Russian online exchange service called OOOPay (OOOPay.org) announced that it started to accept Bitcoin payments. Bitcoin.com went deep into the Russian web to find out whether this service is legit. Here’s what we found. What’s OOOPay? Many of Russian SEO experts and site creators use www.sbup.com for checking websites’ legitimacy....
A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied.
Anonymous Affiliate Hacks Russian Payment System Qiwi
Hackers from Network Battalion 65 (NB65), a group linked to the decentralized hacktivist collective Anonymous, revealed in a recent tweet they had hacked Qiwi, which is a major provider of payment and financial services in the Russian Federation and other countries....
Joining the ranks of Coinbase, MtGox and Blockchain, Bitcoin developers Stefan Thomas and Jeremias Kangas have released a lightweight Bitcoin payment processor of his own, with a twist: you do not have to trust it to use it. The way that all other payment processors to date have kept track of individual orders is by creating a unique address for each payment, and forwarding any payments that they receive to the merchant. This does prevent the main issue with not bothering with payment processors and instead just having a single address - namely, that if you receive a payment you have no....
Despite Russian banks being unfriendly towards bitcoin, Qiwi is planning to develop its own Cryptocurrency. The Qiwi Wallet is a Russian electronic payment system and credit card processor, launched at the end of 2007. The system allows customers to quickly and conveniently make online purchases, online payments, and much more. The Payment services provider Qiwi PLC (NASDAQ: QIWI) is currently one of the most popular Russian online payment Services providers. The company announced it was planning to issue its own digital currency and start using the blockchain technology. The company....
Bitcoin-based shopping cart snapCard is expanding its offerings by launching a pay-the-IRS service for its customers. "Tax services are truly relevant right now," Ioannis Giannaros, one of snapCard's founders, told CoinDesk. "It's going to be really cool." SnapCard users will be able to pay their taxes in bitcoin, and the company will process a USD transaction through a payment processor. "Essentially, you fill out a form and you say how much you want to pay. Then, we invoice you." Tax Payment Processing With BTC. "There are payment processors that have partnered with the government....