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An Overview of Debit Cards, P2P Payments, and Digital Cash in 2024

Clearly Payments

Debit payments, peer-to-peer (P2P) money transfers, and digital cash have been evolving at a good pace over the past 10 years. Over 15,000 businesses worldwide accept Bitcoin payments as of 2024. For instance, PayPal’s Xoom service, which specializes in cross-border P2P transfers, reported a 20% increase in transaction volume in 2023.

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Bitcoin Daily: Bitcoin Price Rises Above $12K For 30 Minutes; Colorado Lottery Partners With Chainlink For Contest

PYMNTS

Bitcoin had a turbulent weekend, rising to $12,112 in value just after midnight on Sunday (Aug. The high was bitcoin’s best rate since August of last year, according to Bloomberg’s estimation. Sunday, bitcoin was down 6.7 2), and then falling to $10,638 just 30 minutes later, Bloomberg reported. As of 8:48 a.m.

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KuCoin P2P Fiat Market Adds USD Support For Crypto Purchases

PYMNTS

dollars (USD) through PayPal in addition to other payment methods, the KuCoin cryptocurrency exchange said that USD support has been added to its P2P Fiat Market, according to an announcement. Now, our P2P Fiat Market supports … the 5 mainstream fiat currencies. 1 place at 63.21 percent, per Coinhills data.

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Bitcoin Tracker: The Unbanked-Profit Dilemma

PYMNTS

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Vogel also wanted to clarify regulations surrounding bitcoin.

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Bitcoin Daily: P2P Bitcoin Trading Up In India After Court Eases Crypto Ban

PYMNTS

Paxful , a peer-to-peer (P2P) bitcoin marketplace, registered substantial rises in Indian trade volume amid a regulatory environment in the nation that is becoming more friendly to digital currency, Cointelgraph reported. Ray Youssef, the company’s CEO, told the outlet that monthly new user sign-ups have jumped by 28 percent.

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iPayYou Launches Pay-by-Twitter Bitcoin P2P Service

PYMNTS

Bitcoin may be a preferred method of payment for a slew of tech-savvy people, but it has yet to take off with the masses, or even micro-masses. iPayYou, the bitcoin wallet, is aiming to change that with a new service launched today (July 14). The payment can be deposited as bitcoin or traded in for U.S.

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Facebook Working On WhatsApp P2P Digital Currency

PYMNTS

However, all the messaging companies will likely face the same regulatory and technology issues that bitcoin has faced due to a lack of central authority over cryptos, as well as the designs of the computer networks that make it difficult to complete a significant number of transactions.