Tagged: crypto payments

Fintech Ripple and Alchemy Pay to Enable On-Ramp with Stablecoin Ripple USD (RLUSD)

Alchemy Pay, the crypto payment solution provider, has announced a strategic partnership with Ripple to support fiat on-ramp access via Ripple USD (RLUSD), a USD-denominated stablecoin issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs. This support enables users… Read More

BoomFi and Paytiko to Provide Crypto Payments Rails to Merchants Worldwide

BoomFi, a payment suite bridging crypto and fiat currencies, announced a  partnership with Paytiko, a payment orchestration platform. This collaboration aims to provide merchants “with access to cryptocurrency payment options, enhancing flexibility and expanding customer reach.” Founded in 2020, Paytiko has established itself as a… Read More

Binance Pay Introduces Instant Crypto Payments to Brazil via Pix

Binance Pay is now integrated with Pix, the instant payment system developed by Brazil’s Central Bank and used by millions every day. This means users in Brazil can make real-time payments in Brazilian reais using crypto, “converting their digital assets into local currency through a… Read More

Government of Dubai to Accept Crypto Payments for Fees

Dubai Finance (DOF) has signed a Memorandum of Understanding (MoU) with Crypto.com, a global cryptocurrency trading platform, to facilitate government service fee payments using cryptocurrencies—marking a pioneering milestone in digital finance on a global scale. The agreement was formalized by Ahmad Ali Meftah, Executive Director… Read More

MoonPay Establishes New US Headquarters in New York City, Signaling Crypto Sector Growth

MoonPay, a global cryptocurrency payment platform, has announced the opening of a new U.S. headquarters in New York City’s vibrant SoHo district. The company has secured a facility exceeding 5,000 square feet, marking a significant expansion of its operations in the United States. This move… Read More

Tether Announces Investment in Fizen to Enable Global Stablecoin Utilization and Self-Custody Solutions

Tether, which claims to be the largest company in the digital asset industry, has made a strategic investment in Fizen Limited, a Fintech specializing in self-custody crypto wallets and digital payments. This investment underscores Tether’s commitment to supporting solutions that aim to “enhance financial accessibility… Read More

Alchemy Pay and The HBAR Foundation to Enable Fiat On-Ramp for HBAR and USDC on Hedera

Alchemy Pay, a fiat-crypto payment gateway, has joined forces with Hedera and integrated Hedera’s native $HBAR and $USDC into its On-Ramp solution, enabling fiat purchases of these assets via credit cards, bank transfers, and local payment methods. By joining forces, Alchemy Pay and The HBAR… Read More

RedotPay Announces $40M Series A to Enhance Global Crypto Payments Solutions

RedotPay, a crypto payment platform, announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024, with investments from HSG and Galaxy Ventures. The investment round reportedly saw participation from DST Global Partners, Accel, Vertex… Read More

Alchemy Pay Reportedly Receives AUSTRAC Approval as Digital Currency Exchange Provider in Australia

Alchemy Pay, a fiat-crypto payment solutions provider, announces its registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This approval represents a key regulatory approval, enabling Alchemy Pay to facilitate fiat-to-crypto payment services in the Australian market. With… Read More

Bank of America CEO Acknowledges Potential for Crypto Payments, Calls for Regulatory Clarity

In recent comments, Bank of America’s (NYSE: BAC) CEO Brian Moynihan expressed the bank’s readiness to support cryptocurrency payments in the future, highlighting the need for clear and robust regulatory frameworks before they can fully embrace crypto transactions for clients. Moynihan said at the World… Read More

Crypto Payments: Alchemy Pay Registers Under Visa’s Ramp Provider Program

Alchemy Pay, the fiat-payment gateway, achieved a key milestone by having  successfully registered under Visa’s Ramp Provider Program. This registration, made possible via its partnership with Worldpay, marks a new development in Alchemy Pay’s mission to bridge the gap “between traditional finance and the crypto… Read More

Crypto Payments Fintech Alchemy Pay Secures New US Money Transmitter Licenses

Alchemy Pay, a fiat-crypto payment solutions provider, announced that it has secured additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. These licenses bring Alchemy Pay’s total to 8 U.S. state licenses, following its  approvals in Arkansas, Iowa, New Hampshire, as well… Read More

BitPay Shares Insights on Digital Currency Spending Surge During 2024 Crypto Market Bull Run

BitPay, the provider of Bitcoin and cryptocurrency payment services, released its latest report, “The 2024 BitPay Spending Report,” which provides a comprehensive look into cryptocurrency spending during the historic 2024 Bitcoin bull run. Key findings shared by Bitpay include: Crypto payments up 20% from January… Read More

Fintech Invoys and KUNA Pay to Enable Crypto Payment Options via Invoice Links

Invoys, a fintech transforming the invoicing industry, and KUNA Pay, a key player in the crypto payment space, have announced a collaboration to enable businesses with crypto payment options directly from invoice links. The partnership between Invoys and KUNA Pay is said to “mark a… Read More

Eco, the Crypto Payments Fintech, Announces Acquisition of Join, a Stablecoin-powered Commerce App

Eco Inc, the crypto payments company with $95 million in funding from a16z, Coinbase Ventures, and other top technology investors, announced the acquisition of Join, a stablecoin-powered shopping app. This acquisition aligns with Eco’s vision to “create a more efficient, decentralized payment system, breaking away… Read More

Spot Bitcoin ETF Approvals Signifies a Significant Step Towards Institutionalization of Cryptocurrencies According to Alchemy Pay

Alchemy Pay, a payment gateway that connects crypto with traditional fiat currencies for businesses, developers, and end users, notes that the approval of the Bitcoin Spot ETF signifies a significant step “towards the enhanced institutionalization of cryptocurrencies, paving the way for bitcoin to reach a… Read More

Alchemy Pay, the Fiat-Crypto Payment Gateway, Partners with Worldpay

Alchemy Pay, the firm supporting fiat-crypto payment gateways, has entered into a strategic partnership with Worldpay, the global acquirer, to amplify its payment channels and elevate its payment capabilities. This partnership grants access “to Worldpay’s Visa and Mastercard payment rails on Alchemy Pay’s On &… Read More

Utility Tokens: Crypto Payments Firm Wirex and Cenit Finance to Support WXT Tokenomics

Wirex, a global firm supporting crypto payments with over 6 million users, has announced a partnership with Cenit Finance, a company in tokenomics simulation, in order “to refine and scale the tokenomics of its native utility token, WXT.” This collaboration leverages Wirex’s recently revealed strategic… Read More

Bitcoin (BTC) and Lightning Network Adoption: Bakkt to Take LN Mainstream

Bakkt is pleased to share that they are supporting a new open standard for money transmission: Universal Money Addresses or “UMAs.” Bakkt has collaborated with Lightspark to be one of its initial partners, and they are pleased to announce the alpha launch of our UMA-capable Lightning service…. Read More

Crypto Payments: Bridge21, Bitso to Enable Cross-Border Transactions from US to Latin America

Cross-border payments company bridge21 announced its partnership with Bitso, the Financial Company powered by Crypto in Latin America, in order “to expand their support for local payments from the US, throughout Latin America.” According to a report, the overall cross-border payment market “stood at $176.5… Read More

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