Sentences with phrase «fiat currency payments»

Also, most exchanges accept direct fiat currency payments and account holders can quickly convert fiat to crypto and promptly cash out digital coins when necessary.

While SyncFab has said that it may expand the use of the MFG token to replace the current fiat currency payments on the platform, this seems to be only speculation at this stage, especially considering that the token sale will probably finish far from its hardcap.

Veem, formally known as Align Commerce, has raised $ 24m as part of its plan to simplify global fiat currency payments using the bitcoin blockchain.

Smart contracts will only be able to make fiat currency payments when some representation of fiat is put onto a blockchain or distributed ledger, by an entity with the legal ability to do this, whether it's a commercial bank or central bank or payments institution.

And while fiat currency payments are now evidently the focal point for its business (rather than Bitcoin payments), Circle does still offer the ability to feelessly pay people elsewhere in the world, in some 150 countries — and for that it needs to loop Bitcoin into the mix, turning dollar payments into BTCs deposited into the recipient's Bitcoin wallet.

But on the other hand, if you know the fiat currency payment is conducted directly by the buyer and seller.

Buy and sell cryptocurrency at this US - based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.

Not exact matches

We are excited to join other progressive vendors of online services in helping our customers break their dependency on both big banks and fiat currency by adding payment by Bitcoin Cash — the only currency guaranteed by an international series of tubes — to the payment methods we accept.

Tomasz would gather the ransomware payments in Bitcoin, transfer the funds to a central account, and then exchange the funds in fiat currency at a Polish cryptocurrency exchange via an account associated with his name.

«Our BOSS Revolution international money transfer business routinely utilizes digital assets to generate liquidity in fiat currencies for our disbursement agents as part of our transaction settlement process,» said Alfredo O'Hagan, senior vice president of IDT's consumer payments business.

We are excited to join other progressive vendors of online services in helping our customers break their dependency on both big banks and fiat currency by adding payment by PotCoin — the only currency guaranteed by an international series of tubes — to the payment methods we accept.

As bitcoin is still relatively new, Zug immediately converts all bitcoin payments into Swiss fiat currency to minimize risk.

With UTRUST you can accept multiple cryptocurrencies at once and all payments received will be converted to fiat currency to protect you from market price fluctuations.

The company was incorporated in 2014 and is backed by SEED Capital Denmark, SEB Venture Capital and Accelerace. Coinify.com platform offers blockchain currency trading and payment processing services: individuals can buy and sell blockchain currencies; and merchants can accept blockchain payments in 15 currencies and receive payouts in fiat.

Until 2017, the majority of Wirex customers worldwide enjoyed the fruits of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.

A group of Arizona legislators, for instance, recently introduced a bill that would allow residents to make income tax payments using cryptocurrencies, which the government would then convent into fiat currency.

Because it is fundamentally more secure and efficient than trust - based fiat currencies, it can be used in ways they can't, like nearly zero - cost international remittences, or anonymous payments on the internet from one user to another.

The way OneBit works is as follows: the app will serve as a mobile Bitcoin wallet, which can convert to fiat currency on the fly — at the best rate available — and lets users pay for goods and services wherever NFC payments are possible.

The transaction works the same in the reverse: if a recipient needs or prefers to receive a payment in bitcoin, but the sender prefers to deal in fiat currency, the sender can add money to their Abra wallet using their bank account or a local Abra Teller and then send their fiat currency directly to the recipient's bitcoin address, even if the recipient does not have an Abra wallet.

Payments and the representation of fiat currency on Blockchains is a potentially significant use case for distributed ledger technology and we firmly believe that partnership between regulators, central banks and the financial services sector will accelerate solutions to maturity.»

Add a payment source and deposit fiat currency, then purchase your bitcoin.

(The payments done through fiat currencies can be conducted through bank transfers as well.)

If they make withdrawals through fiat currencies not supported by CEX.IO, they could be charged currency conversion fees by their bank or payment platform of choice.

According to the protocol, the payments can involve any cryptocurrency, goods, fiat currency, or any other unit such as mobile minutes or passenger bonus miles.

And while thousands of companies — again, mostly small ones — accept bitcoin or other cryptocurrencies as payment, uptake has yet to threaten the options of cash, credit cards or traditional online payments in fiat currencies.

Whether you're a website developer or a marketing consultant, accepting BCN as payment alongside other cryptocurrencies and fiat currencies like USD costs nothing and gives customers the ability to pay using their preferred method.

The option of payment in a fiat currency to the bank account of the merchant is available.

Marketplace with easy - to - use mobile interface enabling instant payments in any currency, crypto or fiat - underpinned by the Nauticus Coin.

With Bitit's multi-currency payment platform you can use more than 14 fiat currencies.

Karlo said this has led to bitcoin becoming «less useful for payments», incurring significantly high fees, rising transaction confirmation times and increasing failure rates for transactions denominated in fiat currencies.

Ripplecoin, created in 2011, was built on the same protocol as Bitcoin but services as a payment system — think of it like a Paypal for cryptocurrencies that supports any fiat currency, cryptocurrency, commodity or even frequent flier miles.

The Coinbase Commerce button works in a similar way to the PayPal plugin but rather than accepting fiat currencies, the new service allows for virtual currencies to be integrated as electronic payments.

The Coinbase Commerce button works in a similar way to the PayPal plugin but rather than accepting fiat currencies, the new service allows for virtual currencies to be integrated as electronic payments, offering a more efficient digital payment option.

Because fiat currency (AKA paper money) helps build up a country's debt, and physical gold is the only form of payment to counter this.

The biggest downside of fiat currencies is that they require holders to surrender them to banks to make payments (apart from payments by banknotes, the transaction cost of which is directly proportionate to the transaction size).

They print bills, and auction them off in exchange for dollars, pay their public employees in this currency (let's ignore the minimum wage), and demand taxes and land payments in this fiat currency, as well as demand a minimum wage from the companies in their pseudo-governmental system, and generally establish this fiat legal tender as the currency of choice for their people, eventually stamping out the dollar.

«A system and method for the secure online storage of digital currency or crypto - currency assets, and the secure use of stored online digital currency assets for financial payment transactions and credit lending transactions in either digital currency or fiat currency.»

FuzeX's ability to integrate cryptoassets and fiat currencies has the potential to create a new payment solution, linking blockchain assets and traditional financing, and driving much - needed interoperability.»

Ethereum exchange platforms cater to major fiat payments, such as USD, EUR, GBP, JPY, and other notable currencies.

It later updated the post multiple times to announce firstly that it had halted the purchase and sale of NEM, then withdrawals of NEM, then all cryptocurrency purchases, and finally all payments by credit card and other fiat currencies.

Merchants on the platform can easily put up their goods for sale, knowing that payment will not only be prompt and directly, but also based on whatever currency they prefer, including fiat.

Today Circle is adding support for its second fiat currency — UK sterling — so it can now offer its users feeless cross-border payments between US dollars and UK pounds (or vice versa), as well as Bitcoin payments.

The fact that the platform is built on the Ethereum blockchain also makes it easier to facilitate payments through either Ether or Bitcoin, and the company is also planning to facilitate payments through cards, fiat currency and PayPal.

It is trumpeting having gained an E-Money Issuer license from the UK's FCA, which also extends to operating in a third fiat currency (Euros), claiming it's the first time the financial regulator has issued such a license to a consumer Internet firm for cross-border payments with blockchain technology.

Cryptocurrency payments received can be automatically or manually exchanged for fiat currencies.

You can also use blockonomics to create invoices that are pegged to fiat currencies so if you accept payments, you do not have to worry about volatility issues because you are always invoicing in a fiat currency.

Litepay — a payment system that promises easy conversion from Litecoin to fiat currencies — is set to launch this Monday.

Rapid changes in the landscape of the payments industry along with factors such as emergence of private digital tokens and the rising costs of managing fiat paper / metallic money have led central banks around the world to explore the option of introducing fiat digital currencies.

To provide its low - cost cross-border payment service, bridge21 leverages bitcoin to process the money transfers, while its customers deal purely in fiat currency.

By relying on a hybrid model that harnesses both the power of fiat currency and the flexibility of cryptocurrency trading, BINKD aims to give buyers and sellers something different and provide them with a new and more robust option for trading these new forms of payment: a decentralized exchange.