Coinbase enables Bitcoin Payments for U.S passport services

Coinbase enables Bitcoin Payments for U.S passport services
ôîòî ïîêàçàíî ñ : invezz.com

2020-11-14 11:52

In the global world, digital currencies are gradually taking the center stage as a viable means f payment. And the last few months have seen more adoption of cryptocurrency payment by several merchants across the globe. Government institutions are also not left behind in the race to become a top player in the ever changing digital market.

Now, Coinbase crypto exchange has partnered with Peninsular Visa for the public to make Bitcoin payments for the U.S. passport services possible. This will be the first of its kind for the US passport services.

The partnership means Silicon Valley-based firm Peninsular Visa is now offering support for Bitcoin payments.

Peninsula Visa first to offer support for Visa payment

Based on the announcement, the Coinbase processor will also be used to secure the Bitcoin payment.

In a press release, the Peninsula Visa announced its integration plans to allow Bitcoin payments for some of its services. Within the next 12 months, its customers can access its ‘BTC benefit’ through the Coinbase Commerce platform.

The operating officer of Peninsula Visa, Evan James, has commented on the partnership. He said the collaboration means Peninsula Visa has become the first company to support Bitcoin payments for the U.S. passport services.

 “Never before has anyone been able to pay for a US passport using a digital currency,” he stated.

Bitcoin payment is enabled for only four passport services

James further reiterated that the Bitcoin payment services currently support four types of passport services, but many other services will be supported next year.

The four services presently supported include, name change, passport renewal, second passport, and second passport renewal.

More Crypto adoption in the Travel industry

The travel industry has seen increased cryptocurrency adoption, and many more industries in the sector are warming up to its adoption.

Last year, a U.K. online travel agency partnered with Utrust to launch a cryptocurrency payment service. As a result of the partnership, millions of its customers were able to pay for flight tickets using Bitcoin and other digital currencies.

On a similar note, a company based in Bulgaria is planning to compensate its customers for delayed or canceled flights using Bitcoin. Other industries like the food delivery industry are also experiencing a high increase in Bitcoin payment adoption.

The post Coinbase enables Bitcoin Payments for U.S passport services appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Render Payment (RPM) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Äîñòóïíî / Âñåãî 0 RPM

payment seen months means adoption merchants across

Èñòî÷íèê: invezz.com

payment seen → Ðåçóëüòàòîâ: 89


Ôîòî:

Ripple’s Insitutional Arm Grows Along with XRP Integrated Liquidity Service

RippleNet, the network of financial institutions and payment providers using the Ripple ledger, has hit a milestone of 300 institutional customers from 45 different countries. On top of that, On-Demand Liquidity (ODL), which uses XRP to eradicate pre-funding capital requirements, has seen 7x growth from the end of Q1 2019 to the start of Q4,Read MoreRead More.

2019-11-8 20:00


CBDCs may be centralized, but they won’t be central: IBM Study

CBDCs might not be so central after all. Digital currencies, until quite recently, were seen as the payment tool of the dark webs of the Internet. If not redirected to the mainstream payment protocol of a Visa or a MasterCard, or picking a payment partner that acted as a mere digital wallet of fiat, the […] The post CBDCs may be centralized, but they won’t be central: IBM Study appeared first on AMBCrypto.

2019-10-31 16:30


Ôîòî:

Nicolas Maduro refuses to give up on Venezuela’s state cryptocurrency El Petro

It seems that the government of Venezuela isn’t ready to give up on its state-issued cryptocurrency ambitions. Speaking during a state broadcast last night, President Nicolas Maduro said protectorates and states would receive one million Petros —  Venezuela’s home-brewed cryptocurrency — twice a month, from November onwards.

2019-10-17 16:14


Ôîòî:

Moonday Mornings: eBay, Mastercard, Visa, Stripe, and Mercado Pago leave Facebook’s Libra Association

Good morning forkers, it’s that time of the week again. It’s Hard Fork’s wrap-up of the weekend’s cryptocurrency and blockchain headlines you shouldn’t miss. Let’s get to it. 1. Facebook‘s “cryptocurrency” Libra is facing yet more challenges as Mastercard, Visa, eBay, payment system provider Stripe, and South American partner Mercado Pago have pulled out of the troubled project, The Financial Times reports.

2019-10-14 11:40


Ôîòî:

Slovenia Has the Most BCH-Accepting Physical Locations Worldwide

Bitcoin Cash (BCH) merchant adoption continues to grow, but in certain regions worldwide like Australia, Japan, and New Hampshire, BCH acceptance is swelling. As each area pursues BCH adoption in a variety of unique ways, the Republic of Slovenia has seen massive retail approval as the payment processor Eligma has relentlessly spread crypto awareness throughout […] The post Slovenia Has the Most BCH-Accepting Physical Locations Worldwide appeared first on Bitcoin News.

2019-10-12 07:20


Bitcoin has always been seen as an investment by the Chinese, and not as a payment system, claims Bobby Lee

Charlie Shrem interviewed Bitcoin veteran and Ballet Co-founder, Bobby Lee, on his podcast, Untold Stories, earlier today. During the interview, Bobby spoke about his experience of co-founding BTC China, the first Bitcoin exchange in China and for a while, the longest running exchange in the world, while also addressing his interactions with Chinese regulators.

2019-9-18 01:30


Ransomware Crooks Cashed Out $16 Million from Defunct Bitcoin Exchange: Google Research

By CCN: In the two years leading up to 2018, a spate of ransomware attacks were analyzed in a report by a team of researchers hailing mostly from leading U. S. universities and Google. Results showed a conservative estimate of total funds stolen to be $16 million, with bitcoin providing a way for malicious actors to take payment from anywhere in the world.

2019-5-9 11:50


Ôîòî:

Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


Ripple Insights Puts Spotlight on Why Southeast Asia is the Cradle of Payment Innovation

The financial and payment industries have seen a large amount of development and innovation in the last several years, particularly since the crypto trend erupted in mid-2017. The trend has especially picked up in Southeast Asia, which currently holds a reputation as a cradle of innovation when it comes to payments. Kapronasia's Zennon Kapron pointed […]

2019-3-30 01:38


SEC Asks For Feedback Regarding Crypto Assets Custody And Settlements For Investors

SEC Asks For Feedback Regarding Crypto Assets Custody The creation of laws by a nation’s government can either enable the growth of an industry or stifle it. This can be seen with states like Ohio accepting Cryptocurrency for tax payment and in places like China banning Cryptocurrency altogether. As such, many of these nations are […]

2019-3-19 20:48


Ôîòî:

As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.

2019-3-5 20:20


eToro is Gaining a Leg Up on the Crypto Competition with Premier League Clubs Football Collaboration

Football and Technology are becoming a hot topic across the beautiful game as seen by the negative comments against the Video Assistant Referee (VAR). As technology faces a backlash on the pitch, more football clubs are looking towards taking up blockchain technology and cryptocurrencies as a payment option. Here are some of the events in […]

2019-3-5 05:55


XRP Ledger Payments and Transaction Volume for Ripple’s Coin Sees Massive Uptick in Activity

XRP Ledger Payment Volume and Number of Transactions Record Big Swing Upwards XRP Ledger, a decentralized cryptographic ledger powered by a network of peer-to-peer servers has seen a significant increase in transaction volume since the beginning of 2019 and observers speculate the surge may be as a result of the successful Cobalt upgrade or the […]

2019-1-30 01:27


äàëüøå åùå 40 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Bitcoin hit $95,000: heading to $100k target price

Bitcoin, the world’s largest cryptocurrency, hit a new all-time high of $95,672 on Thursday after its price rose to 3.55% in the past 24 hours; the next target is $100k. For the first time, on Nov. 21, Bitcoin reached the…

Pump.fun clone Emojicoin goes live on Aptos blockchain

Aptos, the blockchain network backed by a16z, has seen its first pump.fun clone emerge, as meme coin mania continues to thrive. Emojicoin, a new platform built on a Move-based blockchain, has gone live on the Aptos (APT) blockchain, offering users…

Spot Bitcoin ETFs inflows surge 220% amid options launch

Inflows into U.S. spot Bitcoin ETFs surged by 220% on Nov. 19 compared to the previous day, as Bitcoin reached new highs following the launch of the first Bitcoin ETF trading options. According to data from SoSoValue, the 12 spot…

Bitcoin ETFs resume with $254.82m, ETH funds lag

Spot Bitcoin and Ethereum exchange-traded funds in the United States have started the week moving in different directions as the broader cryptocurrency market faces consolidation. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $254.82 million in net…