Mastercard unveiled a new payment system that allows customers to pay with a smile or wave before a biometric reader. The new company aims to prevent long queues created by the customers while they are searching for their cards or phones at checkout. * The company is teaming up with Fujitsu,...
Digital payments firm Square is rebranding itself as Block [https://www.block.xyz/] to reflect its focus on blockchain and cryptocurrencies. The move, effective on December 10th, comes just days after Square CEO Jack Dorsey stepped down as Twitter’s CEO. The brands within the company like digital payment gateway...
The government of El Salvador has committed to airdropping $30 worth of Bitcoin (BTC) to every adult citizen of the country. Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible. The news comes just a couple of weeks after the government declared the popular cryptocurrency...
El Salvador has accepted the popular cryptocurrency Bitcoin as legal tender, becoming the world’s first country to do so. 62 members of the country’s Congress voted in favor of the bill, while 19 members opposed and 3 abstained. As of now, the country’s citizens can freely spend...
