Crypto.Com Hires Former PayPal Executive To Increase Adoption Among Merchants

2018-12-12 22:52

Crypto.Com Hires Ex PayPal Executive To Increase Adoption Among Merchants

A crypto platform based in Hong Kong called Crypto.com has decided to hire Tyson Hackwood, a former PayPal executive as part of a larger plan to make cryptocurrencies more popular with merchants. The information was officially sent out to the media on a press release today, December 11.

Hackwood will join the company as the new senior vice president and will also act as the new head of global merchant acquisition. This company was created by Monaco, a debit card provider which acquired the Crypto.com domain for $10 million USD in July 2018.

The main idea behind hiring Hackwood was to convince more merchants to adopt point of sale (PoS) transactions via QR code using Bitcoin and other cryptos, something that the company believes that Hackwood can help a lot, since he has experience from the Australian branch of PayPal Here, which was a branch of the company that was focused on PoS transactions.

Kris Marszalek, the CEO of Crypto.com, has affirmed that the main goal of the company is to allow people to pay and be paid with crypto and that Hackwood will play a very important role in making this happen as he knows how to deal with merchants and PoS payments.

Hackwood is also supposed to increase the merchant uptake on the company and secure the place of Crypto.com when many other companies are trying to do the same. Even with the bear market, many companies are trying to carve their place in this niche and turn it into a profitable business.

Other companies like Square are also focusing a lot on PoS payments using Bitcoin and it looks like they will become a major thing in 2019, so the companies that are getting well-prepared now are the ones that will have more luck later.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.004183 (-100%)

crypto executive paypal merchants among adoption former

Источник: bitcoinexchangeguide.com

crypto executive → Результатов: 126


Tron Comes Up with New Plan for Improved TRX Adoption and Scaling Crypto Use Cases

The Tron Foundation has been prioritizing the innovations in the industry, helping to expand the use of cryptocurrency to make it more of a mainstream empire. The Tron Accelerator competition, announced by Justin Sun, is motivating others to get involved, and it is propelling the platform forward quickly. Tom Mao, an executive for the Tron […]

2018-12-11 01:54


UK’s CCLA Charity Fund Executive Thinks Bitcoin Bear Market Just a ‘Bump in the Road’ for Cryptos

It seems that the cryptocurrency crash that the crypto market has recently experienced is just a ‘bump in the road,’ according to a major UK charity fund executive. James Bevan, the chief investment manager at CCLA, talked during the Bloomberg Crypto Summit in London about the current sentiment around the cryptocurrency market. He said to […]

2018-12-9 21:34


Billionaire Crypto Investor To Lead Hong Kong Stock Exchange-Listed Grandshores Blockchain Company

Chinese Crypto Billionaire Will Lead Blockchain Company Listed At The Hong Kong Stock Exchange Li Xiaolai, a veteran Chinese crypto investor who managed to become a billionaire, has recently joined the Grandshores Technology Group, a company that is listed at the Hong Kong Stock Exchange. He will act as a co-CEO and executive director in […]

2018-12-4 22:10


Daily Recap: Blockchain and Cryptocurrency News For Today November 16th [VIDEO]

Despite Blowhorning Bitcoin Isn't “Real Currency”, Economist Aims to Design Price-Stable Crypto Assets Despite Blowhorning Bitcoin Isn't “Real Currency”, Economist Aims to Design Price-Stable Crypto Assets Bitcoin Cash Activates Hard Fork, Creating Two Competing Blockchains [Updates] Bitcoin Cash Activates Hard Fork, Creating Two Competing Blockchains [Updates] European Central Bank (ECB) Executive: Bitcoin is the “Evil […]

2018-11-16 23:02


Фото:

Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine

In this edition of Exchanges Roundup, we look at a Luno executive’s belief that the South African government will introduce “open” crypto regulations. We also focus on Bitstamp, which expects a 1250x increase in matching speed after it integrates a customized version of Cinnober’s trading engine software into its platform, as well as the motivation behind a […] The post Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine appeared first on Bitcoin News.

2018-11-7 23:00


Coinbase Executive Refers To Latest $300 Million Investment As Savings For A ‘Rainy Day’

You have probably heard that Coinbase, the largest crypto exchange in the United States, which is now valued at more than $8 billion USD, recently had a Series E funding round. Now, Coinbase’s vice president of corporate and business development, Emilie Choi, has affirmed that the $300 million that the company was able to get […]

2018-11-2 10:06


Blackrock CEO: Crypto Still Lacking Legitimacy, Bitcoin ETF Will Have To Wait

Blackrock CEO Larry Fink Still Skeptical On Crypto, Bitcoin ETF While discussion regarding Bitcoin-backed exchange-traded funds (ETFs) have begun to slow, the chief executive of BlackRock, a multinational America-based financial institution, recently claimed that he is hesitant to allow his firm to offer a Bitcoin ETF due to the current state of cryptocurrency markets.

2018-11-2 08:03


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru