Payments

One of the natural applications of the technology behind digital currencies, the payments space has blossomed into a leading sector for development. Our articles aim to bring these developments to light.

Payments - Study Predicts Bitcoin Could Become Leading Payment System Within Decade
Study Predicts Bitcoin Could Become Leading Payment System Within Decade

The software firm DataLight has predicted that Bitcoin will become the world’s top payment system within the next decade if it maintains its current growth rate.

Payments - Zebpay Integrates Bitcoin Lightning Payments on Its Mobile App
Zebpay Integrates Bitcoin Lightning Payments on Its Mobile App

“Making Bitcoin technology widely accessible is a key component of our roadmap. Today, with the integration of the Lightning Network, we have taken yet another step in this direction,” said Zebpay’s CEO Ajeet Khurana.

Payments - Lightning Loop Lets Users Empty Lightning Channels Without Closing Them
Lightning Loop Lets Users Empty Lightning Channels Without Closing Them

Lightning Labs just released the alpha version of a new protocol called Lightning Loop, designed to give users the ability to deposit and withdraw bitcoin from their payment channels without closing these channels entirely.

Payments - Bitcoin Accepted as Payment Option by Major US Electronics Company
Bitcoin Accepted as Payment Option by Major US Electronics Company

Founded in 1921, Avnet is one of the oldest major American electronics companies. On March 19, 2019, it announced that customers will be able to pay for goods and services using bitcoin and bitcoin cash via BitPay.

Payments - Blockstream’s Satellite Messaging API Is Now Available on Mainnet
Blockstream’s Satellite Messaging API Is Now Available on Mainnet

Blockstream has launched its satellite messaging application programming interface (API) on mainnet. Essentially, this means users can now broadcast data via the company’s satellite network and pay with Lightning payments.

Payments - Revolut Launches Auto-Exchange Feature for Select Crypto and Fiat Currencies
Revolut Launches Auto-Exchange Feature for Select Crypto and Fiat Currencies

Revolut users can automatically exchange “fiat currencies, such as the US dollar (USD) to ether (ETH) or bitcoin (BTC), to XRP,” and vice versa, based on a predetermined target rate.

Payments - Tippin.me Takes Off at Lightning Speed With More Than 14
Tippin.me Takes Off at Lightning Speed With More Than 14,000 New Users

Struck by the potential success of the new Lightning network protocol, Abril created Tippin.me three months ago as a way to enable bitcoin Lightning micropayments without a user having to set up node.

Payments - Decentralized Payment Processor BTCPay Adds New Invoicing Options
Decentralized Payment Processor BTCPay Adds New Invoicing Options

Decentralized payment processing service BTCPay Server announced a new service available through their platform: a way to request payments by simply sharing a URL, thereby streamlining many of the model’s existing hangups.

Payments - Freelancers on Traditional Platforms Can Now Invoice in Bitcoin Via Bitwage
Freelancers on Traditional Platforms Can Now Invoice in Bitcoin Via Bitwage

Bitwage has introduced a freelance marketplace, allowing people to create multiple bank accounts to more smoothly process payments for freelancing and to accept crypto assets.

Payments - Can I Trust Bitfury’s Peach Lightning With My Data? Maybe
Can I Trust Bitfury’s Peach Lightning With My Data? Maybe

Bitfury responds to critics of its Lightning Peach suite of tools who have raised questions about the privacy of user data.

Payments - Palestinian Fundamentalist Group Hamas Receives Funding via Bitcoin
Palestinian Fundamentalist Group Hamas Receives Funding via Bitcoin

The Islamic Extremist group Hamas has requested (and received) bitcoin funding for its operations through a Coinbase wallet address.

- Haven
Haven, a New App From OB1, Lets Users Chat, Shop and Send Crypto Privately

To ensure a secure shopping experience, Haven leverages the OpenBazaar software and InterPlanetary File System (IPFS), a decentralized and distributed file storage system.

Payments - BitPay Sets New Company Records
BitPay Sets New Company Records, in Spite of Crypto Bear Markets

“To process over a $1 Billion for a second year in a row despite Bitcoin’s large price drop shows that Bitcoin is being used to solve real pain points around the world,” says CEO Stephen Pair.

Payments - Lightning network
Bitrefill Channel-Opening Service Makes Accepting Lightning Payments Easy

Thor will connect to Bitrefill’s node on the Lightning Network, allowing users to receive Lightning payments whether they have bitcoin loaded into their Lightning wallets or not.

- Ledger Releases New Wallet With More Memory
Ledger Releases New Wallet With More Memory, App for Mobile Management

Ledger just dropped news of its latest bitcoin hardware wallet, and it comes with an app for managing the wallet’s funds remotely.

Payments - Sold! Lightning Network Art Auction Goes to the Lowest Bidder
Sold! Lightning Network Art Auction Goes to the Lowest Bidder

Yesterday, an auction was held by cryptocurrency and blockchain artist @cryptograffiti for a piece titled “black swan.” And it sold to the lowest bidder.

Payments - Unbanked Iranian University Students Turn to Bitcoin to Pay Tuition
Unbanked Iranian University Students Turn to Bitcoin to Pay Tuition

Stranded Iranian students in the United Kingdom have turned to Bitcoin as a tool to circumvent the economic sanctions placed on their country, according to a Guardian report

Payments - Bitcoin Payment Processor OpenNode Gets $1.25M From Investors
Bitcoin Payment Processor OpenNode Gets $1.25M From Investors

Bitcoin payment processor OpenNode has announced a seed investment round of $1.25 million with venture capitalist Tim Draper and early-stage investment firm Draper Associates.

Payments - New Shakepay Feature Turns Your Spare Change Into Bitcoin
New Shakepay Feature Turns Your Spare Change Into Bitcoin

The new service for Canadians connects to a user’s bank credit and debit card, rounds up every purchase made to the nearest dollar and uses the resulting change to purchase bitcoins automatically.

Payments - BTCPayServer Expands Lightning Operability
BTCPayServer Expands Lightning Operability, Integrates Spark Wallet

Decentralized payment processor BTCPayServer now offers wallet support for c-lightning users.

Payments - This New Lightning Wallet Allows You to Receive Tips Without Running a Node
This New Lightning Wallet Allows You to Receive Tips Without Running a Node

A new program to set up Lightning Network micropayments, tippin.me, has recently entered beta testing.

Payments - Coinbase Might Be Behind Those 856
Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

It seems likely that the recent movement of a large number of bitcoins was just part of a scheduled Coinbase platform maintenance.

Payments - R3 Announces Global Payment App With XRP as Base Currency
R3 Announces Global Payment App With XRP as Base Currency

R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency.

Payments - Bitfury Is Implementing Lightning Into Crypto Payment Platform Paytomat
Bitfury Is Implementing Lightning Into Crypto Payment Platform Paytomat

The Bitfury Group has recently announced a partnership with crypto payment processing system Paytomat, working to bring the Lightning Network to Paytomat’s participating merchants.