Tag: Payment

Shopify Bitcoin payments integration triggers legal questions from the community

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Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move.  Crypto researcher Matt Ahlborg believes that the event is a very significant development for BTC as it allows the offloading of BTC without the need to go through the know-your-customer (KYC) process.  What Jack Mallers is really saying is that you will be soon be able to offload your Bitcoins in the real world without KYC’ing through…

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Global council adds DeFi banking firm Scallop to help secure payment data

[ad_1] A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to its participating organizations that help improve payment data security worldwide. Scallop, a regulated DeFi banking app recently announced its entry to the PCI Security Standards Council (PCI SSC), a global community with a goal to improve payment data security worldwide. According to the DeFi firm, it will be working with the PCI SSC by assisting in the ongoing development and adoption of the PCI Security Standards. Lance Johnson,…

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Mastercard Launches Bitcoin Payment Cards In Asia Pacific

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[ad_1] Consumers and businesses in the Asia Pacific region can now apply for bitcoin-linked Mastercard credit, debit, and prepaid cards. The card giant partnered with cryptocurrency service providers Amber, Bitkub, and CoinJar to enable customers to pay for regular purchases with BTC. On the backend, cryptocurrency in the user’s account is instantly converted into fiat currency to allow the payment. Card giant Mastercard has partnered with cryptocurrency service providers Amber Group, Bitkub, and CoinJar to offer bitcoin-linked payment cards across the Asia Pacific region, the company said in a statement…

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AMC Theatres CEO considers adding Shiba Inu as payment for ticket purchases

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[ad_1] AMC Entertainment is in the process of updating its technical infrastructure to allow consumers to pay online with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE) for movie tickets. But it doesn’t stop there. In a Twitter post early Friday morning, Adam Aron, the company’s CEO, asked if users would be potentially interested in paying with Shiba Inu as well. At the time of writing, 97,582 Twitter users had already taken part in the poll, with approximately 85% of voters choosing “Yes.” The iconic theatre chain has taken…

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Walmart and Litecoin Payment News Debunked by Walmart Spokesperson, LTC Prices Shudder from Fake News – Bitcoin News

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[ad_1] On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after these reports were published, the press release was verified as being “not authentic” by a Walmart spokesperson. Fake Walmart and Litecoin News Exposes Pump and Dump Scheme It appears that a phony Walmart press release has been published on Monday which said that the Walmart retail chain was…

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Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods – Bitcoin News

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[ad_1] Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn’t added new payment methods and had remained Bitcoin-only for some time. Localbitcoins Adds Bitcoin Cash and Other Cryptos Localbitcoins, one of the biggest P2P cryptocurrency exchanges in the world, is now allowing its users to purchase Bitcoin with other cryptos, in a departure from its earlier Bitcoin-only approach. The…

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