China’s Crypto Breakup, Wannabe CBDCs, and ‘Annoying’ Banks | OTL Podcast #001: Emma Todd

CoinPayments Media launched a new podcast and the debut episode is now live! We launched a new video podcast hosted by our CEO Jason Butcher: Off The Ledger. Off The Ledger is a weekly series where Jason talks to successful entrepreneurs and executives about crypto, blockchain, eCommerce, fintech, and more. For the very first episode, Jason speaks with Emma Todd, the CEO of MMH Blockchain Group. She is also a board member of the Canadian Blockchain Consortium and an advisory member of Girls in Tech, with over 15 years of…

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What To Look For In a Payment Gateway Provider

The operations of a business are built on knowledge: knowing the product you are selling, knowing how to produce it, market it, sell it, and deliver it to your customers.  With the growing eCommerce market in the United States, there is pressure for many businesses to have an online arm to their company. As shown through Statista, eCommerce has steadily climbed every quarter over the past 10 years, with an especially high climb during the COVID-19 pandemic. According to those metrics, in the first quarter of 2021, 13.6% of all…

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13 Major Companies Accepting Bitcoin in 2021

Cryptocurrency, especially Bitcoin, is one of the most hotly debated topics in business and economics. There seems to be debate over its use, production, sustainability, and veracity, along with countless other issues. Because of this, Bitcoin had an unsavoury reputation in its infancy. However, after continued debate and research, more and more people are beginning to come around to the idea of using it for payments. Bitcoin has been around for over a decade, but it’s only within the past few years that it’s started to gain the world’s popularity…

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Crypto Takes Retail by Storm as Transaction Volumes Jump 90% in 2021

At a Glance Retailers expect continued eCommerce growth through 2021 Crypto transaction volumes in retail sector are up 90% to $10.2M (QoQ) Crypto transaction sizes in retail sector are up over 70% as trust in crypto solidifies The new world of retail It comes as no surprise that the retail sector is rebounding globally, as consumers are once again ready to spend discretionary income after the economic uncertainty of 2020. As the Deloitte 2021 retail industry outlook explains, the pandemic saw consumer behaviors and expectations shift overnight, with technological adoption…

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What You Need to Know About Gas Fees

What is gas? Gas is a transaction fee paid by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain. There are two main components: Gas Price and Gas Limit. Gas Price – The price per unit of gas is denoted in small fractions of the cryptocurrency Ethereum, called GWEI. GWEI is equivalent to ETH in the way that a penny is equivalent to the dollar; it is the smallest denomination of the currency.  Gas Limit – Gas limit refers to the maximum…

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Non-Fungible Tokens (NFTs): All You Need to Know

NFTs are assets minted onto the blockchain that are unique. In contrast to fungible assets, like global currencies that are mutually interchangeable, non-fungible tokens cannot be traded for something of “equal value,” as their value is dependent on market demand. Think, collectibles: whereas to some, they may seem worth next-to-nothing, to others, they can be highly sought-after products.

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The Rise of Crypto Spenders: How Businesses Can Attract New Customers in 2021

HODL on: a guiding principle for crypto-enthusiasts “Hold on for dear life,” or HODL, has been a mantra in the cryptocurrency community since 2013. The phrase is typically used to support an approach whereby cryptocurrency holders are deterred from trading or selling their coins, to rather preserve their holdings in anticipation of rising prices as adoption increases. The term is believed to have originated as a typo, yet HODL has evolved to symbolize an influential movement that has picked up pace in recent years.  “HODL, however, is not a simple…

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International Women’s Day Special: How and Why the Crypto World is Embracing More Women

International Women’s Day, March 8, is a global day celebrating the social, economic, cultural, and political achievements of women. The Women’s Day 2021 campaign theme is #ChooseToChallenge, with the mission to help create a more inclusive world.

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Merchants & Swipe Fees: How Accepting Crypto Can Help Businesses Save More

Merchants had to adapt quickly, as shopping online became (virtually) the only way to shop. However, now, as lockdown restrictions are slowly lifting and business owners gear up for a return to semi-normalcy, there’s a new obstacle that needs to be overcome: hiking swipe fees.  Swipe fees add up: a burgeoning cost for merchants This upcoming April, major card processors like Visa and Mastercard plan to raise interchange fees for merchants – also known as swipe fees. For every transaction, merchants are required to pay interchange fees to card-issuing banks.…

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