Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S.
Bitcoin payments are gaining traction as the asset price has grown. With El Salvador making the cryptocurrency a legal tender, it is only a matter of time until other countries follow in its footsteps. Making the implementation of BTC payments important for companies who want to stay competitive in the long run. Major outlets have begun to accept crypto payments. The latest of these has been AMC Theaters, which announced that it was going to begin accepting payments in various cryptocurrencies by the end of the year. This will enable theatergoers to pay for their tickets and concessions....
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Payments solution giant Verifone announced it will enable consumer Bitcoin payments on in-store and eCommerce Cloud Services platforms in the United States.
One of the world’s largest point-of-sale providers has partnered with BitPay to allow U.S.-based merchants to accept crypto payments Crypto payments are becoming increasingly popular as Bitcoin (BTC) and other digital assets continue to go mainstream. This has become the case for both crypto holders and non-crypto owners who are primarily interested in the concept of using cryptocurrencies for payments.Recent data has found that 93% of crypto users surveyed would consider making purchases in crypto. The report further revealed that 59% of consumers who don’t hold crypto would be interested....
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments has exploded this year.”
Major Retailers Will Soon Be Able to Accept Cryptocurrency Payments via Verifone
Major payment solution provider Verifone announced Tuesday its partnership with Bitpay “to enable consumer cryptocurrency payments on Verifone’s in-store and....
A deal between bitcoin exchange Quoine and payments network Econtext will allow more than 20,000 online and eventually physical merchants to accept bitcoin in Japan. The move essentially allows merchants that already use Econtext's payment processing services in thousands of online stores to accept bitcoin payments without the need for a bitcoin-specific processor. The service will be available for businesses to use today. Quoine CEO Mario Gomez Lozada said his company had entered into discussions with Econtext last year, and has since done extensive integration work to connect it to....
Despite the cautious stamp of approval bitcoin has received from emerging payments giants like PayPal, Square and Stripe, many in the traditional payments industry are struggling to understand bitcoin and the strength of its technology. However, perhaps more crucially, former VeriFone CFO, current Tanjarine president and new BitFury board member Bob Dykes believes that the payments industry is struggling to separate bitcoin from the scores of new payments technologies that have emerged in the last decade. Dykes chooses to view bitcoin and its road to mainstream adoption through this lens,....