Category: Payments

Blockchain Adoption Tracker

PacSun Is First Enterprise To Rely on BitPay’s Lightning-based Crypto Payments Platform

BitPay, one of the largest cryptocurrency payments in the world, has integrated with Lightning Network to support Bitcoin payments. Pacific Sunwear, also commonly known as PacSun, is the first merchant to leverage BitPay to accept Lightning Network payments. With increasing requests for alternative payment options in the retail space, support for Lightning Network payments makes transactions with Bitcoin a breeze.

Payments

Customer Engagement

By Elizabeth Morrison

Published:April 20, 2023

1 min read

Blockchain Adoption Tracker

New York Yankees to Offer Bitcoin Savings Plan to Employees

Iconic American baseball team, the New York Yankees, has announced that it will enable its employees to be paid in the most iconic crypto to date: Bitcoin. Through its multi-year partnership with NYDIG, a Bitcoin-only financial services firm, employees of the New York Yankees can elect to have a portion of their paycheck converted to Bitcoin with zero transaction fees.

Human Resources

Payments

Jobs

By Elizabeth Morrison

Published:April 20, 2023

1 min read

Blockchain Adoption Tracker

New Ralph Lauren Store in Miami Design District Accepts Crypto Payments

Legacy fashion brand Ralph Lauren has opened a new store in Miami’s Design District. What makes this location particularly special is that the design not only embraces Miami’s vibrant fashion culture but also its allure for Web3. This is the first Ralph Lauren store to accept cryptocurrency as payment, which is made possible by the brand’s integration with BitPay.

Payments

Retail

By Elizabeth Morrison

Published:April 20, 2023

1 min read

Blockchain Adoption Tracker

Gucci Announces Pilot Program to Accept Crypto Payments

Luxury retail giant Gucci is making big steps towards its adoption of blockchain by accepting payments made with cryptocurrency in select stores in the US. Assuming the pilot is deemed a success, the company plans to extend the pilot to all of its directly operated North American stores in the summer of 2023.

Payments

Customer Engagement

By Elizabeth Morrison

Published:April 20, 2023

1 min read

Blockchain Adoption Tracker

Fast Food Restaurant Chipotle Accepts Cryptocurrency Payments

Chipotle, the Mexican-style fast-food restaurant, is no stranger to innovation. From out-of-the-box social media strategies and fun internet games to win a side of queso, they are fantastic at capturing attention. To add to this list, Chipotle will now accept cryptocurrency payments through Flexa, a digital payments platform.

Payments

By Elizabeth Morrison

Published:April 20, 2023

1 min read

Blockchain Adoption Tracker

Gucci Finds Success After Launching Crypto Payments

Since Gucci’s initial launch of its pilot program to accept cryptocurrency payments in just five of its stores, the luxury brand has seen success and found it fit to expand. Now, 70% of Gucci’s directly operated stores accept cryptocurrency for payments.

Payments

Customer Engagement

By Elizabeth Morrison

Published:August 4, 2022

1 min read

Blockchain Adoption Tracker

Breitling Now Accepts Bitcoin Payments for its Luxury Timepieces

Luxury watchmaker, Breitling, is following in the footsteps of TAG Heuer and Hublot by accepting Bitcoin as a form of payment. The Swiss watchmaker known for some of the most exquisite timepieces has leveraged BitPay’s cryptocurrency payment services to its website to allow customers to use BTC as a payment option.

Payments

Retail

By Elizabeth Morrison

Published:June 28, 2022

1 min read

Blockchain Adoption Tracker

Airline Vueling Announces It Will Accept Bitcoin Payments

Vueling is a Spanish airline that will be accepting Bitcoin as payment. The airline has partnered with BitPay, one of the largest Bitcoin payment infrastructure providers, and Universal Air Travel Plan Incorporated (UATP), a payments network provider for travel-related expenses. This integration of Bitcoin payments will make Vueling the first low-cost European airline to do so.

Payments

Travel

By Elizabeth Morrison

Published:June 16, 2022

1 min read

Blockchain Adoption Tracker

Alternative Airlines Announces It Accepts Cryptocurrency Payments

UK-based travel company Alternative Airlines, in partnership with Utrust, has announced that it is now accepting Bitcoin as a form of payment for flights. The move is part of the company's efforts to cater to the growing number of travelers who prefer to use digital currencies for transactions. Customers can also pay for flights with Ethereum, Dash, DigiByte and Utrust’s native token UTK, one of many ERC-20-compliant tokens found on the Ethereum distributed public ledger.

Payments

Travel

By Elizabeth Morrison

Published:June 10, 2022

1 min read

Blockchain Adoption Tracker

PayPal Announces Users Can Move Their Crypto to Third-Party Wallets

PayPal CEO, Dan Schulman, says that allowing its users to move their cryptocurrency holdings off the Paypal platform and into third-party wallets is a "first step away from the fiat world" and a recognition of the growing importance of digital currencies. He noted that PayPal had received many requests from customers to allow them to move their cryptocurrency holdings off the platform, and the company listened to this feedback.

Payments

Wallet Technology

By Elizabeth Morrison

Published:June 10, 2022

1 min read

Blockchain Adoption Tracker

Stripe Partners with OpenNode to Offer Fiat-to-Bitcoin Conversions for Business Clients

Payment processing company Stripe has partnered with Bitcoin payment processor OpenNode to offer instant fiat-to-Bitcoin conversions for its business clients. The new feature will enable businesses to accept Bitcoin payments without the need for a separate wallet or exchange account.

Payments

By Elizabeth Morrison

Published:May 24, 2022

1 min read

Blockchain Adoption Tracker

One Of The Largest Real Estate Developers In Brazil Now Accepts Bitcoin

Gafisa, one of Brazil’s largest real estate developers, is now accepting Bitcoin as payment for real estate. One of the motivators for Gafisa to accept Bitcoin is to bypass intermediaries. Real estate transactions involve many parties, like banks, real estate agents, brokers, payment processors, etc. Gafisa has partnered with Foxbit and will be using its solution for Bitcoin payments.

Real Estate

Payments

By Elizabeth Morrison

Published:May 23, 2022

1 min read

Blockchain Adoption Tracker

Liechtenstein Plans to Add Bitcoin as Payment Option for Government Services

Liechtenstein, a small European country known for its favorable regulatory environment for fintech and blockchain startups, is considering allowing its citizens to pay for government services with Bitcoin, according to a recent announcement by the country's Prime Minister, Daniel Risch. The Bitcoin would be instantly exchanged for Swiss francs, the country’s national currency.

Payments

Government

By Elizabeth Morrison

Published:May 23, 2022

1 min read

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Category: Payments

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.css-1ylevsm{color:#FFFFFF;margin-bottom:16px;}PacSun Is First Enterprise To Rely on BitPay’s Lightning-based Crypto Payments Platform

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PacSun Is First Enterprise To Rely on BitPay’s Lightning-based Crypto Payments Platform