P2P Payments news-Page 2
Meet the crypto payment gateway startup that strives to become the Stripe of Africa
A crypto payments gateway says that it now makes it easy for online merchants in Africa to accept Bitcoin at the checkout. Paychant says its tool can be easily integrated into websites, WooCommerce, Magento, PrestaShop and an array of other online stores with a single line of code. This gives retailers access to a growing number of consumers who want to pay using cryptocurrencies. According to Paychant, its infrastructure is simple, secure and convenient — and is geared toward small and large businesses alike. Nonprofit organizations can also accept crypto donations with ease. Customizable widgets are offered that can be …
Technology / July 6, 2021
Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
The ability to send money to anyone, anywhere, at any time was one of the original motivations behind Bitcoin (BTC) that helped give rise to the expanding cryptocurrency ecosystem that exists today. Blockchain-based global remittance platforms are one sector of crypto projects that have evolved over time to help meet the needs of peer-to-peer money transactions, and Telcoin (TEL) is one such project that has made significant gains in 2021. Data from Cointelegraph Markets Pro and TradingView shows that the price of Telcoin has surged more than 4,100% since Feb. 1, rallying from a low of $0.00066 to a new …
Markets / May 5, 2021
Bitcoin moves $500K around the globe every second, says Samson Mow
Blockstream’s Samson Mow wants to move the conversation away from Bitcoin’s (BTC) performance in transactions per second and toward its role in ushering in “a new financial paradigm,” that is, serving as a permissionless medium for the store and transfer of value. #Bitcoin moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. It's all about value transacted per second and a new financial paradigm. #VTPS not #TPS. Nothing comes close to @BTC. pic.twitter.com/aXfDauPx9b — Samson Mow (@Excellion) December 2, 2020 Mow’s argument is that “VPTS [value …
Technology / Dec. 2, 2020
Crypto P2P adoption in Middle East stymied by politics and tech
Data published by Arcane Research suggests that despite demand for peer-to-peer crypto trading platforms in the middle east, regulations and lack of infrastructure is slowing down adoption. But undocumented migrants in western countries have been making use of these platforms to send money back home. According to an October report from the firm, peer-to-peer crypto trading volume, or P2P, across the Middle East and Northern Africa is roughly 15% what it was in late 2017 on major platforms LocalBitcoins and Paxful — or roughly $682,000 a week. “In general, there are several centralized exchanges providing services in the more developed …
Business / Oct. 23, 2020