So if you are selling bitcoins for local currency, you don't release your bitcoins from your LocalBitcoins escrow account until you have received
the local currency payment.
Not exact matches
It allows you to take and make
payments in 190 countries and 40
currencies across all major and
local payment cards as well as Alipay, PayPal, Visa Checkout, PayEase, Apple Pay and Android Pay.
Many savvy merchants have already learned to leverage sales by enabling
local audiences worldwide to complete transactions using their own
payment methods and native
currency.
Besides
local currencies Stripe allows you to accept Bitcoin or
local payment instruments such as Alipay.
Align Commerce, a San Francisco — based startup, is already facilitating business - to - business transactions across borders in
local currencies using the bitcoin blockchain; Canadian companies can currently receive
payments via the service but not send them.
White points out that Coinbase charges a 1 percent flat per - transaction fee to convert Bitcoin
payments to your
local currency, after your first $ 1,000,000 USD in merchant processing.
Spotify charges Ad Studio customers for each delivered advertisement, with the price affected by the targeting parameters and a $ 250 minimum
payment in
local currency.
An effective solution for managing cross-border logistics needs to make
payment more comfortable for the consumer by automatically converting prices into
local currencies, calculating taxes and duties, factoring them into the price and reducing cross-border fraud.
The flexibility to strategically route
payments between selected acquirers transforms international
payments into
local transactions, eliminating cross-border and
currency - conversion fees and optimizing costs and acceptance rates.
We make
payments in
local currency and US dollars where applicable.
Go beyond credit cards, use
local payment methods, pay in
local currency.
This is crucial because making
payments in many emerging market
currencies can be costly: it requires multiple
currency traders and pre-funded
local currency accounts in the destination country — effectively trapping cash.
Payments take just a swipe or a tap, and the receiving merchant gets a
local currency bank settlement within one business day.
Marwan Forzley is the Co-Founder and CEO of Veem, a next - generation global
payment provider which enables businesses to quickly and securely send and receive
payments in
local currency.
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.
2 — Traditionally, the
payments inside the emerging markets need different
currency traders and even pre-funded
local currency accounts within the destination.
To buy cryptocurrency on Coinbase, you have to simply go to the «Buys» page, select the amount you want to buy in either cryptocurrency or in your
local currency, then select the wallet you want it to be transferred to as well as the
payment method.
BitPay is allowing forex platforms to accept bitcoin
payments and receive EUR, USD, or other
local currency settlement to their bank accounts, without any risk of bitcoin price volatility.
Lack of familiarity with
local shopping habits, language barriers, complex shipping and fulfillment needs, tax laws, foreign
currencies, and confusion over
payment methods are all deterrents that hold many merchants back.
If you receive
payments with Bitcoin, many service providers can convert them to your
local currency.
Other measures, such as exchange controls, are also being used to stem the appreciation of
local currencies, with the authorities in Thailand announcing in October a package of measures, including suspension of interest
payments to overseas holders of Thai cheque and savings accounts and a deposit ceiling of 300 million baht (US$ 7.5 million) per account.
Our new integration will allow bitcoin users in Taiwan and Hong Kong to load their GASH Point accounts using their favorite
currency alongside other
local payment methods.
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.
They also need to be able to process
payments across any
local currency to handle transactions across multiple markets.
Many services offer to direct credit your
local bank account (not all
currencies are supported) and / or will mail a check with, as noted, a minimum
payment of amount of US$ 100.
Provided that the interest rate differential between the foreign and
local currency is maintained, the investor will receive higher interest rate
payments than if he / she had invested in a Japanese Yen - denominated bond.
However, one disadvantage of issuing government bonds is that as the government bond
payments are made in the
local currency of the country, there is a risk of inflation of the
currency and in case of inflation, the value of the
currency paid to you for the government bonds that you own may decrease.
You don't even need to rush to the
currency exchange services and later you can easily settle down the
payments in your
local currency.
In these cases, please locate an attended terminal to complete your transaction, or plan for an alternative
payment method, such as
local currency.
The Netherlands showed the strongest underlying dividend growth, with
payments rising 42.1 % in
local currency.
All
Payments to credit cards are processed in our
local currency (BZD).
Payments made in
local currency will be converted at the applicable exchange rate provided by Singapore Airlines.
Some upgrades require
payment in
local currency and can not be purchased with Marriott Rewards points.
Local currency will be converted to U.S. dollars on the day final
payment is received for the event using a published rate of exchange in effect at time of conversion.
Change will be given in
local currency even for
payments in foreign
currency.
They will find the best deals on booking your flight and travel insurance as well as
payment options and quote on your
local currency.
Know enough about the
local currency to identify the bills and coins you should use for
payment.
«I remember back in 2004, E-gold (a defunct cryptocurrency) was the only option anyone in Nigeria had to make online
payments,» said Tim Akinbo, the founder of Tanjalo, a Nigerian exchange where people can buy Bitcoin with the
local naira
currency.
While consumers who use Abra's flagship
payment app can hold balances in
local fiat
currencies (it's actually bitcoin, hedged with smart contracts), transfers between wallets ride on bitcoin's rails, which know no borders.
The merchants will be able to convert bitcoin
payments into
local currency and receive them in their accounts.
According to Circle, Spark, which the company plans to open - source and make available to wallet developers, is designed to offer a seamless wallet - to - wallet
payment experience that reflects
local currency exchange rates while ensuring full KYC / AML compliance.
Instant Exchange is a new tool for bitcoin
payments available to all
local currency wallets holders.
: The world's leader in Bitcoin
payments, providing Bitcoin
payment processing and
local currency payouts to over 65,000 businesses worldwide.
These four features include cryptocurrency enabled credit cards that can be used for
payment in
local stores, a cryptocurrency exchange with support for fiat
currency, a
payment provider and ATMs that will allow for the instant purchase of coins with fiat money.
You can buy bitcoins instantly online in your
local currency or install the Wirex app and buy bitcoin with a variety of
local payment options.
Merchants who decide to use Stripe to accept bitcoin
payments will automatically be paid out in the
local currency of their choice.
In the context of
payments and commerce, decentralized applications can be used to create a gateway where users pay with bitcoins, but merchants receive the equivalent
payment in their
local fiat
currency.
There are several different ways to get some, including asking for bitcoins as
payment for your services or products, exchanging regular money in the form of your
local currency (Euros, Dollars, Pesos, etc.) for bitcoins through bitcoin service providers, and mining (a process in which bitcoins are extracted and minted with the use of a bitcoin miner software).
This means that traders provide fiat, consumers pay with their digital
currency of choice and the merchant receives his or her preferred
local currency (USD, EUR, GDP, etc.) once the
payment is completed.
All of Payssion's
payment services merchants will be able to accept an array of blockchain
currencies in addition to 200 +
local payment methods.