Home » Cryptocurrency News » Cryptocurrency News » Citcon And Flexa Bring Bitcoin Payments To Global Retailer Network Citcon And Flexa Bring Bitcoin Payments To Global Retailer Network May 18, 2021 0 Comments Mobile payment infrastructure company Citcon has enabled bitcoin payments for its worldwide network of retailers with Flexa.
Mobile payment infrastructure company Citcon has announced a partnership with cryptocurrency payment network Flexa to enable bitcoin as a payment option for more retailers around the world.
Any of the 6,000 global brands connected to Citcon can now opt in to accept bitcoin through Flexa, as well as other cryptocurrencies such as ether and litecoin.
“It empowers consumers to use digital currency payments with virtually no overhead, at the lowers cost, and while enabling merchants to receive settlement in U.S.dollars or the digital currency of their choice,” per the announcement.
Citcon’s mobile payment offerings have been leveraged by large brands like L’Oréal, Nordstrom, MGM Resorts and more, so the ability for customers of these brands to pay with BTC could serve as a significant adoption rail.
“We are excited to expand our crypto capabilities by partnering with Flexa,” Citcon founder and CEO Chuck Huan said in the announcement.“Enabling digital currencies to make purchases at businesses around the world helps to push forward the development of the future of payments.The partnership with Flexa allows our merchants to accept digital currencies so that brands around the world can access the expansive spending power of cryptocurrency holders.”
According to Flexas Cofounder Trevor Filter, merchants are at the center of the company’s approach to payments.
“Which is why we are delighted to support Citcon in strengthening their suite of merchant-friendly payment offerings,” he noted in the announcement.
The alliance between the two companies provides a new avenue for global consumers to access utility for their bitcoin holdings at online and in-person retailers.Share this: In First Activation Meeting, Bitcoin Developers Discuss Paths For Taproot Taproot was merged into Bitcoin Core in October 2020, leaving only the activation method for this highly-anticipated protocol upgrade focused on adding smart contract flexibility and more transactional privacy to Bitcoin.Last week, the Bitcoin development community gathered via Internet Relay Chat (IRC) to discuss the parameters of the Taproot activation and two code pull… Education Is The Best Bitcoin Investment The tech industry abounds with buzzwords and acronyms that seem, at times, designed to exclude the ordinary user.But “UX” isn’t one of these mere buzzwords.User experience is one of the rare bits of tech shorthand that actually mean something to our customers and clients because everybody knows what bad UX looks like.
But… IRS Releases Tax Guidance on Hard Forks and Airdrops The U.S.Internal Revenue Service (IRS) has taken a significant step to provide much-needed clarity for crypto users.On October 9, 2019, the tax authority published an announcement of Revenue Ruling 2019-24, which addresses an array of questions concerning tax compliance related to cryptocurrency airdrops and blockchain hard forks.The issue of how to tax… Bitcoiners Run Hardware The internet, which is the network we currently use for our Bitcoin needs, was supposed to be decentralized, verifiable and private.But after decades of choosing comfort, ease and speed, the internet today is actually quite centralized, with millions of websites and services’ information stored in a few data centers, all of them served by… Wasabi Wallet Launches #BitcoinIsSafe Campaign to Counter Erroneous Antivirus Detections Recently, Wasabi Wallet users have reported multiple instances in which antivirus programs identify both Wasabi and the newly integrated Bitcoin Core as “system infections.” More specifically, the computer security algorithms for Avira, Bitdefender, Kaspersky and F-Secure (and many other antivirus softwares) confuse full Bitcoin nodes with unwanted cryptocurrency mining programs that run in computer backgrounds… Community-Funded Bitcoin Awareness Campaign Unveiled in Hong Kong Since 2012, the Bitcoin Association of Hong Kong has been one of the strongest local communities focused on Bitcoin, boasting a current membership of over 5,000 people.During the month of September, the organization will be using donations to buy advertising space that feature informative statements highlighting “the risks and merits of Bitcoin”.
“The goal… Introducing The Best Of Bitcoin Magazine Since 2012, Bitcoin Magazine has been providing insight, analysis and thought leadership about the Bitcoin space — the first publication of any kind to commit to doing so.Thanks to some prescience about how truly revolutionary this technology would prove to be, we have had the chance to bear witness to the space’s most foundational events,… BitMEX to Provide Cryptocurrency Data via Terminal BitMEX, a cryptocurrency exchange and derivative trading platform, now provides cryptocurrency data to Refinitiv’s Eikon Terminal, a spin-off from the main rival of Bloomberg’s well-known financial data terminals.CryptoCompare, a crypto market data firm that has a long-standing partnership with Refinitiv, facilitated the collaboration between the terminal and exchange, according to CryptoCompare’s CEO Charles Hayter.… Seven New Year’s Resolutions for Bitcoiners In the time-honored tradition of goal setting for the new year, Bitcoin Magazine has compiled a short list of seven possible New Year’s Resolutions for Bitcoiners as we head into 2019.Building a strong Bitcoin community begins with individual efforts, some small, others more ambitious and labor intensive.
What might you do to contribute to… Leave a Reply You must be logged in to post a comment.Search.