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Tag Archives: Processor

RocketPay, the Dash Payment Processor in Southeast Asia, Changes Name to SlithEx

RocketPay, which was a DAO funded proposal to spread Dash in Southeast Asia by being a payment processor, point-of-sales solution, and exchange for merchants and consumers has changed their name to SlithEx. Dash Force News caught up with SithEx, since last speaking with them a few months ago, about their name change and progress of integrating Dash into Southeast Asia. ...

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BitPay Becomes NY’s First Standalone Crypto Payment Processor

Cryptocurrency payment processor BitPay has become the eighth firm to receive a “BitLicense” from the New York Department of Financial Services (NYDFS), which oversees what is arguably the most-restrictive state-level framework for the U.S. cryptocurrency industry. The NYDFS announced on Monday that it had approved the Atlanta-based BitPay’s application, following a “comprehensive review” of the firm’s anti-money laundering, anti-fraud, capitalization, ...

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34 Bytes Payment Processor Adds Dash, Worldwide Merchants Near 1,500

Dash has been added to the 34 Bytes payment processor, adding a list of new merchant options as Dash adoption continues to gain steam. A cryptocurrency point-of-sale merchant solution, 34 bytes opened operations in 2016. The platform initially supported Bitcoin exclusively, and touted lower fees and higher security for merchants by using cryptocurrency. However, following recent network congestion, Bitcoin’s fees ...

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Video Interview: AloGateway Global Payment Processor Partners With Dash

This is a video repost of an interview from our YouTube channel with Karen Hsu Head of Growth for BlockCypher answering the following questions about the recent AloGateway partnership with Dash. ⏱ Question TimeStamps:🚩 00:23 What is AloGateway?🚩 00:51 What is China UnionPay and why is it so significant?🚩 01:32 Is AloGateway a B2B solution or is it a POS solution?🚩 03:06 Do you know what ...

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Dash Partners With Global Payment Processor AloGateway

Global payment processor AloGateway has announced an upcoming partnership with Dash, expanding Dash’s global reach, particularly in Asia. Announced this week, AloGateway announced an upcoming Dash integration into the platform. This would enable access to Dash on the platform, allowing merchants to hold, send, and receive the currency. The platform currently processes about 100,000 transactions per day, over half of ...

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Large Global Payments Processor Unveils Airdropping Campaign Among Users

CoinPayments, a global cryptocurrency payment processor, has announced an airdrop  launch of its own utility token – the CPS Coin. The company also plans to lower its transaction and conversion fees for token holders and enhance its user interface in 2018. Founded in 2013, CoinPayments is a global cryptocurrency payment processor with a reach of over 1,000,000 vendors across 182 ...

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Payza: U.S. Department of Justice Hands Payment Processor $250 Million Money Laundering Case

The U.S. Department of Justice (DoJ) has filed a lawsuit against digital payment processor Payza for allegedly operating an unlicensed money service business that processed more than $250 million in transactions. According to the indictment, some of its customers were involved in Ponzi schemes, pyramid schemes, and a child pornography site. Payza is an e-commerce business allowing payments and money transfers ...

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BitPay Payment Processor Begins Enforcing Ban On Prohi… | News

After updating their terms of use to ban explicit content and other related services on Feb. 2, payment processor BitPay has begun putting the ban into effect this week. Pornstar and Reddit user Sexy_Saffron posted on the subreddit /r/bitcoin on Feb. 24 an image of an email from BitPay stating that her account would be disabled on April 25th due ...

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Coinbase Users Significantly Overcharged in Processor Mixup

Over the past week, Coinbase’s reddit thread was flooded with complaints of users being exceedingly overcharged causing some to even have their accounts drained and shut down. Concerned and frantic users posted their issues to only be answered by support technicians that said they were aware of the issue and looking into it further. Users that were charged tens of ...

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Payment Processor Stripe Walks Away from Bitcoin

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Irish online payment processor Stripe announced Tuesday it will discontinue accepting bitcoin payments as of April 23, 2018. The company cites block size capacity, slow transaction confirmation times and high fees as the reasons behind the change. Stripe became the first major processor to accept bitcoin back ...

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