Payments

You Can Now Shop With Bitcoin on Amazon Using Lightning

| Leigh Cuen

Bitcoin spenders can use the lightning network to shop at e-commerce sites like Amazon, thanks to a new browser extension.

jpmorgan

JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments

| Daniel Palmer

Investment bank JPMorgan is reportedly expanding an existing blockchain platform with hundreds of banking members to include settlement.

India’s National Payments Corporation Wants to Build a Blockchain Solution

| Yogita Khatri

The bank consortium-owned organization supported by the central bank is seeking bids for the creation of a blockchain solution for digital payments.

Japanese Bank Abandons Work With SBI Ripple’s ‘Money Tap’ App

| Yogita Khatri

Resona, one of three Japanese banks working with SBI Holdings and Ripple on their blockchain app Money Tap, is pulling out of the project.

‘Crypto Stripe’ Flexa Raises $14 Million So You Can Buy Coffee With Bitcoin

| Leigh Cuen

Payments startup Flexa is using funds from a private token sale to make shopping with bitcoin at brick-and-mortar stores a reality.

Facebook Said to Be Seeking $1 Billion in Funding for Crypto Project

| Yogita Khatri

Social media giant Facebook may be seeking a billion bucks in VC investment for its cryptocurrency project, an NYT reporter says.

Western Union Integrates With Crypto Wallet to Expand Philippines Remittances

| Daniel Palmer

The money transfer giant has teamed up with blockchain startup Coins.ph to enable residents of the Philippines to directly receive cash remittances.

PayPal Makes Its First-Ever Investment in a Blockchain Startup

| Ian Allison

Online payments giant PayPal has taken a stake in Cambridge Blockchain – its first investment in the blockchain space.

Bitrefill Now Lets You Pay for Airbnb Rentals With 5 Cryptocurrencies

| Yogita Khatri

Cryptocurrency gift card provider Bitrefill has added a service allowing users to book Airbnb rentals with bitcoin, ether and more.

Crypto Startup TokenPay Buys Equity Stake in Heidi Klum Lingerie Maker

| Leigh Cuen

TokenPay is turning ICO proceeds into equity investments, this time with a stake in lingerie company Naked Brand Group.