09 / 13 / 17
As we begin another exciting week of processing payments for our favorite merchants, we?re here to share the latest industry news. Here?s some of the top stories you need to know about in the world of credit card processing and merchant services! Enjoy!
Overstock.com Now Accepts All Cryptocurrencies
Overstock?s customers now have the option of making a purchase by using any one of the cryptocurrencies available, including Ethereum, Litecoin, Dash and Bitcoin Cash. This move makes Overstock the first major retailer to accept multiple forms of digital currencies as payment. Read the full article here.
Face ID will work with Apple Pay, third-party apps
At its latest press conference, Apple revealed its next generation of on-device authentication when it comes to paying for things: You will now be able to buy goods using your new iPhone X, authenticating your identity with facial recognition. Read the full article here.
Venmo Launches Visa Debit Card Via Shift Financial
Venmo is inviting select users to participate in a beta program to test out a free debit card that is linked to their accounts. The participants will receive a free Venmo debit card that is attached to their Venmo account. Users can pay with the card in stores, online or as a mobile payment, and the money will be debited from their Venmo balance. Read the full article here.
Cryptocurrency Explained- What It Is, and How It Works
As many things in our world transition to becoming digital, so is our money. Terms like cryptocurrency, Bitcoin, and Etherium have become major buzz words in the payments world, and they are the next evolution of money. Learn what cryptocurrency is, how it works, and how to get started with it. Read the full article here.
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