Archive | visa

Bitcoin Debit Cards Halt Service to Non-European Residents Due to Visa’s New Rules

Four bitcoin Visa debit cards are suspending service to non-European residents due to Visa’s new licensing restrictions. BTCC and Bitwala have joined Xapo and Shakepay to stop debit card service to users who reside outside of the Visa European payment network. Also read: Moscow Stock Exchange Prepares to Trade Cryptocurrency Service Halted for Non-European Residents China-based […]

Xapo and Shakepay to Suspend Cryptocurrency Debit Card Services Outside the EU Soon

Big changes are coming to cryptocurrency-based debit cards. These developments are not positive for anyone living outside of the EU, as it appears obtaining such cards in other countries will be extremely difficult. Both Xapo and Shakepay have been asked to halt their service to non-EU residents. Users in regions outside of the EU will […]

Crypto vs VISA – Can Denarius Compete When it Comes to Transactions Per Second?

Bitcoin and blockchain technology may give us some insight into the future of payment processing but it sure has a long way to go. VISA handles on average around 2,000 transactions per second (tps) and peaks around 4,000 tps during high shopping periods. This is just a fraction of their capacity, which is said to […]

Visa Entices Small Merchants With Payment Technology Upgrade if They Stop Accepting Cash

No one is surprised Visa has no love lost for cryptocurrency users. However, the company also wants to abolish cash payments. After all, cash transactions are a threat to the card payment infrastructure. The company has now extended a new offer to small merchants. In exchange for a payment technology upgrade, these shops have to […]