The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n
According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n According the official press release<\/a>, the U.S. Faster Payments Council states that interoperability is considered one of the most important topics in the payments industry. <\/p>\n\n\n\n The challenge of interoperability stems across various industries; from traditional finance to emerging technology such as cryptocurrencies, with new ways of payments being developed with speed. Allowing these different platforms to interact with each other is a vital part of creating a sustainable future for money and digital payments.<\/p>\n\n\n\n According<\/a> to the Faster Payments Council, interoperability \"can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale.\"<\/em> <\/p>\n\n\n\n With the divide between people who use traditional finance and cryptocurrencies, the challenge of making these systems interoperable grows. Will we see these systems reach a middleground, or will the divide between those for and against keep growing?<\/p>\n","post_title":"Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-partners-with-venmo-paypal-offers-visa-an-interoperable-p2p-payment-platform","to_ping":"","pinged":"","post_modified":"2023-04-12 17:29:38","post_modified_gmt":"2023-04-12 07:29:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10881","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10881,"post_author":"12","post_date":"2023-04-12 17:26:38","post_date_gmt":"2023-04-12 07:26:38","post_content":"\n Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+<\/a>. Alongside Visa, Venmo, PayPal, and a string of other companies are working to develop the service.The Visa+ announcement on their site states that;<\/p>\n\n\n\n \"Visa+ helps reduce the need for users to juggle multiple apps, accounts, usernames, and passwords. Now users can do more without leaving their preferred participating payment app.\"<\/em><\/p>\n\n\n\n Visa, Venmo, and PayPal aren't the only firms developing this product. Western Union, i2c, TabaPay, and DailyPay have also been included as launch partners of Visa+. These additional companies work to extend this service across different industries and use cases including creator economies, gig, and online marketplaces as the service will be available on each of these platforms.<\/p>\n\n\n\n Although, the most recongised digital payment services such as CashApp, Apple Pay, Google Pay, and Square Cash aren't listed in the partners, which would make Visa+ a more useful tool for Americans. General availability of the product won't be until mid-2024.<\/p>\n\n\n\n
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