The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
Bitcoin

Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S.

by Miki 09/29/2021
by Miki 09/29/2021 0 comment

Bitcoin payments are gaining traction as the asset price has grown. With El Salvador making the cryptocurrency a legal tender, it is only a matter of time until other countries follow in its footsteps. Making the implementation of BTC payments important for companies who want to stay competitive in the long run. Major outlets have begun to accept crypto payments.

The latest of these has been AMC Theaters, which announced that it was going to begin accepting payments in various cryptocurrencies by the end of the year. This will enable theatergoers to pay for their tickets and concessions using Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, with the addition of Dogecoin currently in the pipeline. Now joining the ranks of institutions accepting BTC payments is technology company Verifone.

Related Reading | JPMorgan CEO Doesn’t Care If Bitcoin Grows 10X In Five Years

Bringing Bitcoin Payments To The Forefront

Thanks to a recent partnership, Verifone has now brought bitcoin payments to thousands of merchants across the United States. The company which is known for producing payments processing technology is now bringing a new solution to its users. Verifone is one of the largest suppliers of credit card reader machines in the world. With its already established notoriety, it is now enabling the merchants who use its payments technology to accept cryptocurrency payments.

Bitcoin price chart from TradingView.com

BTC price falls to $41K | Source: BTCUSD on TradingView.com

Verifone partnered with Bitpay in order to merchants who desire to accept bitcoin payments. Bitpay will mitigate volatility issues by directly sending the BTC payments straight to the merchants’ accounts via fiat currency. This means that when a user pays for a good or service using bitcoin, the equivalent dollar amount of the bitcoin collected will be automatically deposited into the merchant’s bank account.

BitPay is one of the leading crypto payments processors in the world and with over 30,000 bitcoin transactions processed every month, it puts it in a prime position to help Verifone bring this service to the public.

Buy And Pay How You Want

Being able to spend bitcoin has been a pain point for the industry since day 1. Due to this, the digital currency has been mostly relegated to being just an investment asset rather than being used as an actual real-world currency. But growing popularity among users has prompted companies to start considering and accepting, BTC payments for the goods and services which they offer.

Related Reading | Over $5 Billion In Bitcoin And Ethereum Moved From Cold Wallets Amid China Crackdown

Verifone has stepped up to take on the mantle of making bitcoin transactions easier and seamless. According to Mike Pulli, CEO of Verifone, the company has received massive interest for its latest offering. Explaining that the company already has a backlog of merchants who are interested in implementing BTC payments. “There’s lots and lots of interest. I think our phones will be ringing off the hook,” Pulli said.

Although the company is yet to disclose which merchants are going to be accepting BTC payments, Pulli explained that the partnership was made in a bid to give consumers more options. “If they decide to buy a pizza with Visa or AmEx or crypto, we don’t care. We just want to give them the flexibility to pay the way they want to,” the CEO said in an interview.

Featured image from Investopedia, chart from TradingView.com

Source link

Views: 0
BitcoinBringsMerchantsPaymentsThousandsVerifone
Share
0
FacebookTwitterPinterestEmail
previous post
US SEC Names CFTC Commissioner Dan Berkovitz as Incoming General Counsel
next post
Mapping how Solana can successfully breach $200 again

Related Posts

Elon Musk thinks this individual could be the...

12/29/2021

Bitcoin price trades under $48k as $6 billion...

12/29/2021

Indian security regulator warns mutual funds against investing...

12/29/2021

Bitcoin Will Remain ‘Digital Gold’, But Not A...

12/29/2021

Key Factors that Propelled Ether’s 4X Growth over...

12/28/2021

Gold Proponent Peter Schiff Claims Bitcoin is Losing...

12/28/2021

Trend Is Again Shifting From Outflows To Inflows

12/28/2021

Why Bitcoin Will Never Surpass The Market Cap...

12/28/2021

Crypto hacks led to $9.8 billion in losses...

12/28/2021

Is Bitcoin (BTV) Going To Hit $100k? Ambitious...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • TRON, Ethereum Classic, SUSHI Price Analysis: 26 June

  • Why Liquidity is the Greatest Stimulus for Institutional Crypto Funding

  • Is BitGo Behind El Salvador’s Chivo Wallet? This Old School Mag Thinks So

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,471.00-3.29%
  • ethereumEthereum(ETH)$1,967.34-5.18%
  • tetherTether(USDT)$1.000.10%
  • binancecoinBNB(BNB)$322.72-4.01%
  • usd-coinUSD Coin(USDC)$1.00-0.14%
  • rippleXRP(XRP)$0.404873-5.31%
  • Binance USDBinance USD(BUSD)$1.00-0.18%
  • cardanoCardano(ADA)$0.52-6.88%
  • SolanaSolana(SOL)$50.07-7.70%
  • polkadotPolkadot(DOT)$9.99-6.71%
  • dogecoinDogecoin(DOGE)$0.083614-4.79%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,415.00-3.28%
  • Lido Staked EtherLido Staked Ether(STETH)$1,928.13-5.30%
  • AvalancheAvalanche(AVAX)$28.75-12.16%
  • tronTRON(TRX)$0.0814636.21%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.000012-6.16%
  • daiDai(DAI)$1.00-0.14%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$69.57-5.44%
  • CronosCronos(CRO)$0.187337-6.07%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.86-0.83%
  • matic-networkPolygon(MATIC)$0.64-8.17%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.80-9.67%
  • HederaHedera(HBAR)$0.389473-3.44%
  • FTX TokenFTX Token(FTT)$29.45-4.64%
  • bitcoin-cashBitcoin Cash(BCH)$193.18-4.92%
  • RareRare(RARE)$0.0461220.00%
  • moneroMonero(XMR)$193.79-2.55%