E-money blog

Bitcoin transactions are at risk, scientists warn

Financial transactions through Bitcoin network are not secure, scientists have warned. Bitcoin does not protect a user’s IP address and that it can be linked by hackers to the user’s transactions in real-time, according to e-currency researchers from the University of Luxembourg. In order to detect this, hackers just need €1,500 per month for server and traffic costs and some … Read the rest of this entry

Russia: QIWI acquires Money@Mail.Ru from Mail.Ru Group

QIWI, a Russian-based payment provider has acquired Money@Mail.Ru from Mail.Ru Group in a context of developing strategic partnerships. After the end of the transitional period, all Money@Mail.Ru’s operations will be carried out by QIWI. The transitional period lasts up to three months. Additional details are to be determined during the integration, according to a press release. Money@Mail.ru is a Russian-based … Read the rest of this entry

Xoom lets migrants pay bills for loved ones back home

Xoom, a e-money transfer company based in San Francisco, has launched a technology platform for cross-border bill payments, called Xoom Bill Pay. The new platform allows migrants to pay electricity, telephone, internet, cable, water and gas bills for loved ones back home. According to a press release, the service has launched with cross-border bill pay to Mexico, Guatemala, El Salvador, … Read the rest of this entry

Square will accept Apple Pay

Square, a US-based merchant services aggregator and mobile payments company has revealed the plans to accept Apple Pay in 2015.  “Our  company wants to help businesses accept all forms of payments and Apple Pay is among them,“ Square founder Jack Dorsey said. Currently Square’s hardware allows businesses to accept credit card payments via iPads and iPhones. But the technology is not equipped … Read the rest of this entry

Oink launches prepaid card for teenagers

Virtual Piggy, a provider of youth payment technology Oink, has introduced the Oink Discover prepaid card, a physical presence of the company’s web wallet. With the new prepaid card teens can shop at more than 25 million merchant locations that accept Discover, only within limits set by parents. The Oink Card is accepted everywhere Discover is accepted. The cards is … Read the rest of this entry

Intel, McAfee to launch biometric authentication software

Intel Corporation and McAfee will launch biometric authentication software by the end of the year. The innovative software changes the way users log into devices. The plans was revealed by Kirk Skaugen, senior vice president and general manager of the PC Client Group at Intel, at an Intel investor conference in Santa Clara, California. “Your biometrics basically eliminate the need … Read the rest of this entry

Businesses Supported by Bitcoin

Bitcoin has been gaining significance not only as a method of payment, nor a store of value. This is, perhaps, the block chain that makes the cryptocurrency truly innovative. What is important is that bitcoin offers a new foundational technology based on the Internet, combining both the features of cryptography and virtual currency. Due to this bitcoin has created the … Read the rest of this entry

Mozilla accepts donations in Bitcoins

Mozilla Foundation, the non-profit entity that provides support for the community’s broad open-source development, has partnered with Coinbase, a California-based bitcoin services provider, to accept Bitcoin donations. Coinbase will not charge fees for the donations it processes. Over the past few months, charitable organizations have turned to the cryptocurrency to facilitate donations while removing costs associated with legacy payment methods. … Read the rest of this entry

Google Wallet users receive a discount in 14 online shops

Google has announced its new “Buy with Google” promotion, which offers discounts from 14 retailers for Google Wallet users. B and H, Beautylish, CheapTicket, EAT24, Expedia, Fancy, JackThreads, LivingSocial, Newegg, Pose, Rue La La, Vinted USA, Sidecar Ride and Wish are among the retailers. To get a discount you only need to download each outlet app and make a purchase … Read the rest of this entry

PayUMoney launches ‘Pay with PayUMoney’ button for online shoppers

PayUMoney, a payment solutions provider, has launched a ‘Pay with PayUMoney’ button for online merchants and shoppers. With the button shoppers can complete purchases voa the PayUMoney platform. In its turn merchants can integrate this button on their websites, to receive payments through PayUMoney’s gateway. The button works on mobile and desktop-browsers. The PayUMoney Button is is located at the … Read the rest of this entry