Tag: Payment Processor

Paying With Bitcoin Through Payza Can Get Complicated

Using intermediary services when making payments can be quite a pain to deal with. Unfortunately, companies dealing with Bitcoin are not exempt from this rule. Payza, a well-respected online payment platform, recently started accepting Bitcoin payments for deposits and withdrawals. However, there are still some kinks that need to be worked out sooner rather than later. Payza Is Not An Ideal Bitcoin Payment Processor There is a very big difference …
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Magic Johnson Exits Square After Less Than A Year

Square has become one of the most attractive and affordable credit card payment processors in recent times, and the addition of Magic Johnson to their board was seen as a vote of confidence. However, now that Johnson has officially resigned, no one seems to know what is on the horizon for Square’s public image. Magic Johnson Leaves Square This news came as quite a surprise to the entire financial world, …
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Increasing Yearly BitPay Limits

Although BitPay is the leading Bitcoin payment processor in the world, not everyone is pleased with the service offered by this company. Most of that dismay stems forth from specific guidelines BitPay requires users to adhere to if they want to bypass the US$500 yearly limit for accepting Bitcoin payments. But in the end, it is rather easy to adhere to these rules thanks to a recent clarification by the …
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What Are Bitcoin Transactions With Zero Confirmations?

An interesting topic was raised on Reddit a while ago about whether or not Bitcoin transactions with zero confirmations should be accepted or not. Most Bitcoin payment processors will protect users against any double-spend attack that might occur, and process payments as soon as the transaction is unconfirmed on the network. But what about those people not relying on payment processors? Also read: How Does The Fold App Work? Bitcoin …
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