Sentences with phrase «receive fiat payments»

When you receive your fiat payment, you release your coins to your buyer from escrow.

Not exact matches

Bitpay still allows businesses to accept payments while receiving fiat.
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.
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.
Customers will be able to purchase goods and services using our token, but we don't assume the near - term mainstream adoption of crypto - wallets, and will primarily receive payments in fiat near - term and gradually proceed towards full adoption.
Cryptocurrency payments received can be automatically or manually exchanged for fiat currencies.
Bitonic uses the iDEAL payment method which ensures that SEPA customers receive near - instant deposits and withdrawals of fiat currency into customer accounts.
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.
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.
What helped the most was the fact that the vendors who received Litecoin payments received the money in actual traditional fiat currencies.
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.
If the customer pays for the hotel: with fiat money, then the hotel receives payment from the customer's card, with cryptocurrency, after that the hotel receives payment to its cryptocurrency wallet from the customer's wallet.
The partnership between the Litecoin Foundation and Aliant Payment will allow merchants to receive payments in Litecoin and convert them into fiat currency.
It features a single panel of operation for sending and receiving payments and shows users only the converted fiat currency value of their bitcoin holdings.
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.
After this, the borrower would receive $ 1,000 of fiat currency sent to their account, at which time the borrower would also be required to start making monthly payments plus interest.
RTXP also makes it possible to receive payments from any cryptocurrency (BTC, ETH, etc) and fiat (USD, EUR, etc).
In cross-border transactions involving multiple currencies, the exchange of fiat currency to Lumen and vice-versa allows consumers and businesses to send and receive money across borders, faster and cheaper than traditional payment services.
If desired, a portion of the developer's earnings can be received in fiats, regardless whether the payment was made in tokens or in fiat currency.
BitPay, a well - known bitcoin payment processor that assists companies in receiving cryptocurrency payments and getting fiat cash has apparently joined forces with Adyen.
The software uses distributed network technology on Ethereum network so that anyone can exchange messages, manage cryptocurrencies, send and receive cryptocurrencies, exchange with fiat, and make payments in a brick and mortar store.
Crypterium is working to create a decentralized cryptobank platform capable of performing instant payments in cryptocurrency using existing payment terminals, powering a state - of - the - art system for acquisition of cryptocurrencies by businesses (with the ability to receive fiat currencies for crypto), and making crypto loans more accessible.
the system is reduced to the API allowing to receive payments from a web site to a bitcoin wallet; suitable for those who do not need instant conversion of bitcoins into fiat currencies
After first launching a mobile payment platform in 2013 that let users send and receive bitcoin as well as traditional fiat currencies, it discontinued bitcoin transfers in December 2016.
Thus, a premium is added to the futures price as many investors will likely look to receive payment in fiat currencies over the actual bitcoins.
Safein also simplifies making and receiving electronic payments, whether denominated in classic, fiat currencies or in cryptocurrencies, by leveraging the same digital identity capabilities that it uses for authorization.
For now, developers of applications and associated platforms will continue to receive their payments in fiat currency, but plans are in place to offer them the crypto option in the near future.
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