Tagbitcoin payments

Carmaker Proton Suspends Auto Dealership for Accepting Bitcoin


It wasn’t Malaysian regulators that suspended the dealership branch but instead the auto manufacturer, Proton Holdings. A Selangor-based Proton dealership took it upon itself to begin accepting bitcoin as a form of payment. The problem is that automaker Proton never gave the dealership the green light, with the company saying it doesn’t recognize cryptocurrencies as a payment method...

Microsoft Restores Bitcoin Payments after Temporary Pause


Hardware and software giant Microsoft reportedly brought back bitcoin payments after “working to ensure lower amounts would be redeemable.” Per news.com.au, a company spokeswoman released a statement revealing the move after working with its provider, presumably to ensure customer satisfaction wasn’t affected by the bitcoin network’s current high fees and volatility. As reported earlier this...

Microsoft No Longer Accepts Bitcoin, Customer Support Confirms

Microsoft Bitcoin

On the r/Bitcoin subreddit, it’s all about Microsoft and Bitcoin, as the tech giant seemingly stopped accepting the flagship cryptocurrency, according to various top threads. One points to Microsoft following Steam’s footsteps in no longer accepting Bitcoin. The rumor stems from a Bleeping Computer article that claims the software and hardware giant did halt Bitcoin payments. On top of the...

Overseas Remittance is a $400 Billion Market, Can Bitcoin Dominate?

Western Union, Thunes, mobile wallet

FastCompany’s report revealed that overseas remittance totaled $429 billion in 2016. Some of the largest Remittance markets include China and the Philippines. Already, bitcoin startups have begun to dominate the remittance markets in the two countries, with the Philippines leading bitcoin remittance innovation. Both domestic and international remittance is a massive market within the Philippines...

Destinia Exclusively Accepts Bitcoin Payments in Venezuela Amid Financial Chaos


Destinia, a popular online travel agency, has officially begun to accept bitcoin payments exclusively in Venezuela. The decision was made in light of recent financial crisis in Venezuela involving the demonetization of the Venezuelan bolivar and its rapid devaluation which ultimately rendered cash in the country worthless. Local travelers, residents and other people within Venezuela are now able...

Coinzone Launches To Help European Businesses Easily Accept Bitcoin


Payment gateway, Coinzone has launched a fully localized Bitcoin payment solution for businesses in Europe. And its intention is simple: provide an easy-to-use platform for accepting Bitcoin payments online and at point-of-sale. The eight-man team behind Coinzone set out to provide its users with the best possible experience by creating a system to make the process of using Bitcoin highly...

Half of Small Businesses Not Prepared to Add Bitcoin Payments


A new report by research and advisory company Software Advice indicates that small-t0-medium size businesses are not prepared to add bitcoin payments to their business model. Nevertheless, a high number of respondents understand how to calculate taxes on bitcoin payments. Also Read: Acromobile And Bitnet Enable Mobile Merchants to Easily Accept Bitcoin Payments Half of Small Businesses Not...

Why the iWatch Could Be Key to Secure Bitcoin Payments


Although progress continues to be made in the area of mobile Bitcoin wallets that are both convenient and secure, the reality is that we’re still missing that perfect solution for safely using Bitcoin with our mobile phones. Hardware wallets and multi-sig addresses have been moves in the right direction, but it turns out that the iWatch could be the missing ingredient that wallet developers...

GoCoin Partnership Brings Bitcoin Payment Option to More than 1,000 Businesses


International altcoin and Bitcoin payment processor GoCoin has formed a new partnership with Apriva, a major point-of-sale payment processing solutions company, to bring altcoin and Bitcoin payment options to Apriva’s more than 1,000 channel partners. [divider]CCN[/divider] GoCoin Partnership Brings Altcoin and Bitcoin Payment Option to More than 1,000 Companies Merchant acceptance is vital...

VeriBit: Use Vericoin Wherever Bitcoin Is Accepted


Vericoin developers unveiled their newest feature and technological advancement to their community yesterday: VeriBit. The service accepts Vericoin payments for Bitcoin transactions, allowing users of the currency to utilize it immediately. The developers are looking to give people a reason to pay attention to their coin right out of the gate and the markets are reacting accordingly. [divider]...

Vericoin: The Interest-Building Crypto Moving Technology Forward


With all the different digital currencies in the world, there’s a lot of pressure to push the envelope. While Bitcoin is the first digital currency, the market is flooded with new altcoins every day. Because of this, altcoins are expected to make technological advancements to digital currencies that improve the end user experience, or fail by not trying. That’s where Vericoin is stepping up to...

An Interview with Bare Oaks Family Naturist Park, the First Nudist Resort to Accept Bitcoin

Bare Oaks Family Naturist Park Accepts Bitcoin

Since Bitcoin’s dramatic rise in 2013, scores of businesses in a variety of industries have begun accepting cryptocurrency as payment for goods or services. Bare Oaks Family Naturist Park, a Canadian nudist resort located near Toronto, recently became the first in its field to accept Bitcoin payments, making the announcement in a blog post (note: business website contains NSFW images)...

Intuit Reveals QuickBooks Bitcoin Payments Beta


For years, Intuit has spent a large portion of its energy towards innovation.  Intuit Labs, understandably, runs “Lab Experiments” to test and implement the newest innovations and technologies, package them into user-friendly software, and deploy them to small businesses around the world.  Intuit Lab’s current “experiments” include  a mobile POS solution...

Bitcoin Versus iBeacon, Apple’s Up And Coming Payment System Infrastructure


This past Friday: December 6th, 2013 Apple launched iBeacon within its 254 U.S. stores.  iBeacon takes advantage of Low Energy (LE) Bluetooth, which Apple has silently put into all of its products since the iPhone 4s and iPad 3rd gen.  Essentially, any device that can run iOS7 can be directly used as a LE Bluetooth device and function as a transmitter and receiver: be an iBeacon...