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Walmart signs a patent to generate Libra like digital currency

Walmart is looking into opening their own Libra-like digital currency. The patent that they have filed with the U.S Patent and Trademark Office indicates that they are looking to do so. The Patent agency’s official website said that Walmart would be, “generating one digital currency unit by tying the one digital currency unit to regular […]

LG’s new project is a ThinQ Wallet for cryptocurrency

Last year, It was rumored that LG is working on a crypto-project. At the LG Science Park, employees could make payments of cryptocurrency tokens via a special smartphone app, ETNews reported at the time. A new trademark application supports this rumor. LG seems to want to launch its own digital wallet, under the name ThinQ Wallet. LG ThinQ Wallet On July 2, […]

Facebook to mainstream cryptocurrency in 2020 by rolling out ‘Global Coin’

Social media giant Facebook revealed that it is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020. Facebook has also confirmed the report that it wants to start testing its cryptocurrency that has been termed as ‘Global Coin’ by the end of this year. Facebook […]

Paytm partners with VISA to launch international debit cards

Soon you will be able to use Paytm’s international debit cards. The Global Payment company Visa has included the Paytm Payments Bank in its network. Under this, Paytm could soon issue a debit card written by Visa. About 300 million people in India use the Paytm. By joining hands with them, the Visa wants to […]

Amazon Pay enabled with P2P payment via UPI on Android

Amazon Pay has been enabled with person to person payments for Android users. This means Amazon customers can now make instant bank-to-bank transfers using UPI platform on the Amazon app. The new feature will enable users of the platform to perform fund transfers via UPI on the Amazon app instantly. So far, Amazon’s digital payments […]

Oppo to test launch Oppo Pay in China

Carrying cash is quite a hectic for shopping and other emergency services. And so, the most popular cashless method of payment is the use of payment cards such as Visa and MasterCard. These cards are vulnerable especially when the point-of-sale machines are compromised. Mobile payments are slowly gaining popularity. While there were only a few […]

Coinbase announces custody trading OTC desk to facilitate cold storage trading

Coinbase, the San Francisco-based digital currency exchange, has announced its plans to integrate its Coinbase Custody service with its newly launched over-the-counter (OTC) desk, now known as Coinbase Pro, in order to enable users to trade directly from cold storage without having to move funds online for business purposes. This move comes as a response […]

NatWest trials a cutting edge biometric fingerprint bank card with 200 customers

NatWest customers are in trials to use their fingerprint to pay for transactions over £30 in a bid to cut back on fraud. NatWest customers can put a relieved sigh as the company now enables to verify card payments using the fingerprint in a trial taking place in the coming weeks. The bank is piloting […]

IRCTC launches its own payment aggregator system IRCTC iPay; A Digital India initiative

Good News! The Indian Railway Catering and Tourism Corporation (IRCTC) has launched its own payment aggregator system, IRCTC iPay. With the introduction of this system, travelers are expected to get rid of many problems that may arise during the payment. The statement issued by IRCTC stated that having their own payment gateway would make online […]

Walgreens to accept digital wallet Alipay in 7000 Walgreen stores across the U.S.

Walgreens in collaboration with Chinese digital payment platform Alipay, to accept digital wallet Alipay at thousands of Walgreens stores throughout the U.S. Alipay serves more than 1 billion users worldwide. According to January 2019 data, Nielsen indicates more than two-thirds of Chinese tourists said they used their smartphones to pay while traveling abroad in 2018. Nielsen […]

Mi Pay Digital Payment partnership to provide UPI services

According to recent announcements by Xiaomi, the Mi Pay Digital payment solution in India will collaborate with RuPay and ICICI Bank. The company is supposedly starting to accept beta testers for engaging UPI based services in the country which is accessible through MIUI apps like SMS, contacts etc. Mi Pay Digital will provide major credit and […]

Paytm becomes India’s largest online insurance premium payment platform

Now you can make your insurance premium payments for more than top 30 insurers including our country’s largest insurance firm, Life Insurance Corporation of India on Paytm which is going to make this premium payment faster than ever with a great convenience of the online platform. With this Paytm has become India’s largest online insurance […]