Today – May 18, 2021. China banned financial institutions and payment service providers from offering any services related to cryptocurrency transactions. This is China’s latest attempt to curb the digital trading market. According to Reuters, “Under the ban, such institutions, including banks and online payments channels, must...
We’ve seen some major changes for Bitcoin in the past year. In the middle of March 2020, at the start of the pandemic, Bitcoin saw a significant low of just under $5,000 in line with the stock market crashing. Like the stock market, Bitcoin saw a huge...
Last week, Amazon made plans to introduce terminals that will allow consumers to make payments by waving the palms of their hands. These terminals would be placed in brick in brick and mortar shops and would be enabled to link consumers’ credit card information to...
When reviewing the efficiency of your online business you may want to consider choosing a new payment gateway. (What’s a payment gateway? Click here.) As a controller, director of finance or an executive officer, choosing the right payment gateway is one of your most important choices...
BitCoin is a decentralized digital currency that can be exchanged for goods and services in lieu of traditional payment options like credit cards, bank-to-bank transfers and cash. BitCoin is based on unique cryptographically signed blocks called BitCoins that can be traded between parties like currency. By...
For those who are unfamiliar with the term NFC (Near Field Communication) is a standards-based wireless communication technology that allows data to be transferred between devices from only a few centimeters apart (ie. mobile phone to terminal). NFC is the next step from in migrating contactless...