Sentences with phrase «fiat payments as»

/ u / PineappleFund appeals to the cryptocurrency community to send Bitcoin or fiat payments as donations to MAPS:

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The blockchain can track individual payments and can link them to individuals as soon as they're converted into fiat.

For most, bitcoin is used in two ways; it is either held in cold storage as an investment, or used as an alternative payment medium to fiat.

«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.

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

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.

When we launched Abra as a platform for enabling money transfer and payments using bitcoin, users immediately started giving us feedback that Abra was now their go - to method to convert between fiat and bitcoin.

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

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.

They offer a physical payment card, so you can shop online and instore as per normal in bitcoin or fiat.

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.

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.

While bitcoin's use as a payment mechanism seems to have taken a back seat to its value as an investment asset, the need for a greater number of transactions is still pressing as the fees charged by the miners for processing are now more expensive than fiat equivalents.

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.

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.

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

The exchange also supports fiat payments in USD and EUR deposits while allowing fiat withdrawals as well.

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.

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.

Bitcoin offers its users some real benefits over fiat currencies such as global payments with minimal fees and peer - to - peer transactions with no 3rd party interference.

«Rapid changes in the landscape of the payments industry along with factors such as [the] 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,» the central bank explained, adding:

Paycent is mobile payment platform that functions as a dual e-wallet that can be funded by both digital currencies and fiat currency.

Bitcoins acceptance as payments is very low as compared to any other fiat currency.

Niels Kerstholt of Bitpay, a payment processing company facilitating transactions in Bitcoin to fiat currency and vice versa, identified EiG as a perfect event to attend and educate the industry on how accepting Bitcoin will simplify payment processing.

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.

As there are not many arguments why Bitcoin is a better store of value or unit of account than fiat currencies like euros or dollars, it is obvious that as a method of payment Bitcoin is superior to fiat currencies, due to lower costs, nearly perfect divisibility and social inclusion to name but a feAs there are not many arguments why Bitcoin is a better store of value or unit of account than fiat currencies like euros or dollars, it is obvious that as a method of payment Bitcoin is superior to fiat currencies, due to lower costs, nearly perfect divisibility and social inclusion to name but a feas a method of payment Bitcoin is superior to fiat currencies, due to lower costs, nearly perfect divisibility and social inclusion to name but a few.

«Digital fiat currency would certainly be influenced by [the] existing payment system and information technologies, but it should be distinguished from [the] current payment system so as to focus on service delivery and play its role in replacing traditional currency.

Uphold, a startup that does digital payments, announced that it has now developed a support mechanism for the buying and selling of Ripple's XRP, joining a list of currencies — fiat as well as crypto — that can be bought, sold or exchanged.

At this present moment, the platform enables users to buy, sell and store all the major cryptocurrencies as well as facilitating fiat money payment solution.

As the first instance of ZenCash being used as a direct means of payment, without the need for conversion into another cryptocurrency or fiat currency, we believe that this is a critical step forward in making Zen more widely and easily accessible to a broader user basAs the first instance of ZenCash being used as a direct means of payment, without the need for conversion into another cryptocurrency or fiat currency, we believe that this is a critical step forward in making Zen more widely and easily accessible to a broader user basas a direct means of payment, without the need for conversion into another cryptocurrency or fiat currency, we believe that this is a critical step forward in making Zen more widely and easily accessible to a broader user base.

As the fiat money is transferred to the seller's account, a signal from the payment system opens the smart contract.

For most, bitcoin is used in two ways; it is either held in cold storage as an investment, or used as an alternative payment medium to fiat.

For many of those who purchased coins, cryptocurrencies represent not just a way to make money, but the future of payment systems as we know them, not to mention a way to counter what these diehards often view as an overly powerful collection of central governments with the ability to have an outsized effect on traditional fiat currencies.

RBI's interest in their own cryptocurrency is due to the «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,» which they cite as the impetus for central banks around the world to introduce «fiat digital currencies.»

The application of credit cards payments when depositing fiat currencies has a range of significant advantages such as guaranteed security of the payment, no additional verifications, and instant transactions.

«The idea is that people could use fiat banknotes as a medium to transfer bitcoins, for offline Bitcoin payments.»

Participants get payment as per the agreed FIAT currency value irrespective of volatility.

Customers will be able to use ECOM as an alternative to fiat payments.

According to Bobrovich, the regulation could also create additional streams of revenue for local businesses, as for instance, «advertisement agencies will be allowed to accept cryptocurrency payments in fiat currencies.»

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

As one Redditor puts it, China is suffering from massive whale (people who have a lot of cryptocurrency) manipulation via fake news, exchanges have no official accounts or audits so all fiat payments of citizens end up directly in the pockets of the site owners, with mere numbers simulating cryptocurrency ownership remaining on screen, exchanges change their fees at will, they add or remove trading pairs as they see fit to manipulate the market or stop withdrawals, etcAs one Redditor puts it, China is suffering from massive whale (people who have a lot of cryptocurrency) manipulation via fake news, exchanges have no official accounts or audits so all fiat payments of citizens end up directly in the pockets of the site owners, with mere numbers simulating cryptocurrency ownership remaining on screen, exchanges change their fees at will, they add or remove trading pairs as they see fit to manipulate the market or stop withdrawals, etcas they see fit to manipulate the market or stop withdrawals, etc..

Like Steam, the software giant used BitPay as its payment processor, presumably because the service allowed Microsoft to directly convert the cryptocurrency received for purchases into an equivalent fiat amount.

In the broader context of the arrival of distributed ledger technology (DLT) and in light of payments and regulatory innovation in the European market, this paper investigates the changing role of money in retail payments and the associated question as to whether central bank fiat currency risks to fall behind.

According to the report, as the number of businesses accepting digital currency payments grows, there is an increasing risk of criminals using the currencies to launder funds without needing to cash out into non-digital, or «fiat» currencies.

The revelation suggests Western Union may be looking to use a system like Ripple to move fiat payments between customers in a similar manner as Align Commerce, which uses the bitcoin blockchain as means to remit payment across borders where it is exchanged locally.

LitePay claims to remove the volatility associated with cryptocurrency transactions by allowing vendors the ability to instantly accept Litecoin payments, as well as instantly convert Litecoin into fiat currencies, with only a 1 % fee attached to each transaction.

Because of this, the naysayers are questioning Bitcoin's ability to replace fiat currency as a widely used mode of payment.

A tweeter user tweeted «This is actually very good news, if the API allows being integrated as a payment option on any e-commerce then to pay in any currency we have on our Coinbase account, including fiat, it will really be a game changer.»