Sentences with phrase «currency payments directly»

There is a particular appeal to paying in Bitcoin whenever possible, regardless of whether the merchant or retailer accepts digital currency payments directly.

Not exact matches

«Although the Federal Reserve generally monitors developments in virtual currencies and other payments system innovations, it does not necessarily have authority to directly supervise or regulate these innovations or the entities that provide them to the market,» Bernanke said in a letter.

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

Receive settlement from Litecoin payments directly to your bank account in your own currency, with zero price volatility or risk.»

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.

It's also worth noting that with services like BitX you can do this with Bitcoin directly, or using «Bitcoin as a rails» - in effect using Bitcoin as a background payment mechanism whilst only being exposed to your local currency - this makes a big difference in driving early mainstream adoption.

Transactions can be done directly and quickly because there is no need to exchange your currency to another currency to make a payment.

However, businesses like online casinos are favouring Bitcoin as a currency, thanks to the additional security and immediate payment that comes with trading currency directly between customer and company.

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).

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.

It's important to note that Bisq does not directly integrate with banks or other national currency payment systems in any way.

This will aid users in fostering payments directly using the digital currencies.

CarcoPAY will be based on a contactless payment card, which will be directly connected with the user's current Carco token status in his wallet and will allow real time conversion of Cryptocurrency to desired fiat currency.

«Cryptocurrencies were always envisioned to revolutionize global financial markets and the way consumers and businesses transact,» said Victor Wong, founder and CEO of Sparkle Coin, Inc. «Sparkle Coin bridges the gap between cryptocurrencies and traditional business by developing an economic ecosphere comprised of an asset - backed cryptocurrency, transacted through a powerful currency exchange, with an outward facing cryptocurrency payment gateway allowing virtually all merchants to accept cryptocurrency though an online shopping mall or directly on their own websites.»

Since many banks and payment services do not support bitcoin directly, you must exchange your money through an intermediary like a bitcoin exchange to get your hands on the digital currency.

The name derives from «Internet Of Things Application», and this virtual currency was developed for a future where IoT devices trade their resources and services directly with each other, and IOTA is used for the payment.

In contrast, ALAX token payments will be made directly to the developer, and can then be exchanged for a FIAT currency (USD, EUR, THB, PH, etc) at any time.

This gave merchants the power to accept credit card payments online and it introduced the idea of transferring fiat currencies directly between end users entirely online.

You can choose to receive your payments in Bitcoins (paid into your Bitcoin wallet) or paid in your local currency directly into your bank account every business day.

While some store owners may be on the forefront of cryptocurrency and be willing to accept it directly as payment, unfortunately, many businesses have strict tax laws or oversights that force them to deal exclusively in fiat currency.

You will say that, in fact, there are some companies who are accepting Bitcoin as a form of payment and that at least one broker is allowing traders to trade directly from an Ethereum wallet, but can we yet call «Crypto» a currency?

Counterparty is a free open marketplace built directly on the bitcoin blockchain to expand the functionality of the digital currency from a P2P payment network into a «full fledged peer - to - peer financial platform» where one can trade, sign contracts and do business.