A new study by DECTA highlighted the importance of embedded finance features in today's fintech world. With online shopping and digital payments becoming a norm, the study pointed towards some of the key drivers for a seamless experience for customers. Embedded finance is a new type of software distribution that works with financial infrastructure providers to include financial services in the ecosystems of already-existing products. The most common embedded finance offerings include banking, lending, insurance, payments and branded credit cards. According to the study, quick payments and the availability of a selected payment option are the most crucial elements for …
Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments. As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and Bitpay through a trial project in Mexico. However, it's unclear whether the pilot plan will also enable access to the service in Brazil and other Latin American countries. In Mexico, Rappi, a Colombian delivery app with operations in nine Latin American countries, has launched a crypto payments pilot program. Customers will be able to convert crypto into credits that can subsequently be used to complete purchases …
Global payments processor Checkout.com announced a $1 billion Series D funding round on Wednesday, which marks a total of $1.8 billion raised to date and a $40 billion company valuation. Among the primary investors in the latest round are Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, the Oxford Endowment Fund, and more. Big news We've just closed our $1bn Series D funding round at a $40 billion valuation. It will help drive our US growth, our platform evolution, and exciting work in Web3 Read more from our founder and CEO, @GuillaumePousaz https://t.co/KiqE2Q5NGD pic.twitter.com/PEXmtN2Xkv — Checkout.com (@Checkout) …
On Tuesday morning, Regal, a movie operator of more than 500 locations and 7,000 screens in 42 states plus D.C., announced it would be partnering with digital payment network Flexa to enable its customers to pay with crypto for movie tickets, food, and beverage. Regal will accept a wide variety of coins and tokens, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Doge (DOGE), USD Coin (USDC), DAI (DAI), Gemini Dollar (GUSD), Chainlink (LINK), Cosmos (ATOM), Basic Attention Token (BAT), and more. Flexa is known for its ability to guarantee payments for real-world applications. In times of peak activity on …
A partnership with crypto payment processor CoinPayments means bolstered digital asset payment compatibility for Canadian e-commerce giant Shopify. "Shopify is a natural fit for us," CoinPayments CEO Jason Butcher told Cointelegraph via email, adding: As they look to bring new features to their merchant base and CoinPayments works to drive cryptocurrency adoption globally, it makes sense to create an integration that enables easy, secure, and cost-effective transactions." Shopify sellers can accepts thousands of assets Shopify sellers can now harness CoinPayments' digital asset payment processing platform, paving the way for sellers to accept 1,800 different cryptocurrencies as payment, a May 20 …
CoinPayments.net, a platform for business-to-business (B2B) and business-to-customer (B2C) crypto payments, reported to Cointelegraph that they will be partnering with the nonprofit Unify.org for World Peace Weekend. From Sept. 21 to Sept. 23, the charitable nonprofit campaign will empower over 1300 events all over the world, including the largest global meditation of millions of people for the Guinness Book of World Records. “CoinPayments will be waiving their industry-leading 0.5 percent fee for anyone who donates to Unify with any of the coins hosted on the CoinPayments platform,” reads the official press release of the company. CoinPayments offers a cloud payment …
CoinPayments, a global cryptocurrency payment processor, has announced an airdrop launch of its own utility token – the CPS Coin. The company also plans to lower its transaction and conversion fees for token holders and enhance its user interface in 2018. Founded in 2013, CoinPayments is a global cryptocurrency payment processor with a reach of over 1,000,000 vendors across 182 countries, says the company’s blog. CoinPayments offers a cloud payment solution allowing merchants to accept Bitcoin and hundreds of other coins through their plugins, APIs and point of sale (POS) interfaces. “CoinPayments has created a special place in the world …