Digital Currency Update
Crypto.com, a digital currency exchange, will accept cryptocurrency purchases using Apple Pay from within the company’s app.
Area of Interest: Digital Currency
Amex, Abra Crypto Card
Abra, which provides cryptocurrency trading, yield earning and borrowing services, will offer its customers the Abra Crypto Card on the American Express network. Amex will not issue the card, which will be the first to offer cryptocurrency as a reward for purchases made on the American Express global payment network.
Digital Currency Update
Mastercard is working with marketplaces and cryptocurrency service providers MoonPay, Immutable X, Candy Digital, The Sandbox, Mintable, Spring and Nifty Gateway to allow card payments for NFTs and Web 3.0 commerce.
Digital Currency Update
Payment processor Jack Henry will partner with Nydig, an institutional digital asset firm, to provide crypto transactions on its Banno Digital Platform. Jack Henry services 7.1 million consumers through local and regional financial institutions.
OLB Adds Crypto to Software and Processing
OLB Group is comprised of multiple subsidiaries with assets in software, merchant services and cryptocurrency. Last year, the company’s cloud-based eVance merchant processing business, which includes the company’s SecurePay payment gateway, handled $900 million in card payments.
Digital Currency Update
Wirex, a digital currency payment platform, launched a Visa prepaid card issued by Sutton Bank in the U.S. that will facilitate conversion of 37 cryptocurrencies from Wirex wallets at the point of sale with zero exchange fees.
Blockchain B2B Payments
More than $1.00 billion in payments have been processed by CoreChain since its launch in September 2020. The company’s native blockchain-based business-to-business (B2B) payment service is available on a white-label basis to enterprise resource planning and business process automation software companies, B2B marketplaces, banks and payment networks.
Digital Dollar Project’s Tests
The Digital Dollar Project (DDP) is a nonprofit organization formed last year to assist U.S. businesses with pilot tests of central bank digital currency (CBDC), including the public-private partnerships called for by the U.S. federal government.
Worldpay, Circle are Partners
Circle Internet Financial, the exclusive issuer of USD Coin (USDC), a stablecoin cryptocurrency fully pegged to the U.S. dollar, has formed a partnership with Worldpay from FIS, the second largest merchant acquirer in the U.S.
Digital Currency Update
Bolt, a payment service provider, will acquire Wyre, a cryptocurrency infrastructure provider. Bolt will add Wyre’s capabilities to its APIs, allowing merchants to offer services like one-click checkout with cryptocurrencies.