fbpx

Tag

payments
At the height of the global Covid-19 pandemic, Nedbank became, and still is, the only bank in Africa to offer small, medium and micro enterprises (SMMEs) digital payment capability by enabling merchants to turn their mobile phones into a payment acceptance device with the launch of its Tap-on-phone functionality in October 2020.  Since the launch,...
Read More
Mastercard is planning to give merchants the option to receive payments in cryptocurrency later this year. According to a source familiar with the matter, the functionality will see Mastercard customers’ digital currency payments settled in crypto at participating merchants, a first for the financial giant. The company has not yet disclosed which digital currencies it...
Read More
Mobile-focused blockchain payments startup Celo has raised $20 million from the likes of Andreesen Horowitz (a16z), Greenfield One and Electric Capital. According to a press release on Wednesday, the funding will go towards fleshing out its suite of offerings. Celo is a proof-of-stake blockchain built on Ethereum, designed to support stablecoins and tokenized assets, while utilizing cellphone...
Read More
With the wild journey that is bitcoin price swings so far this year, you might have missed the accelerating rhythm of companies announcing services to support bitcoin for payments. We’re not talking about small idealistic startups, either. A week ago, on Visa’s Q1 earnings call, CEO Al Kelly said the company may add cryptocurrencies to...
Read More
Satoshi Nakamoto intended bitcoin to be used for online payments. But it never caught on as a mainstream payments option. The main hurdle to widespread adoption of bitcoin-as-cash is its wild, and potentially lucrative, price changes. This roller coaster-problem isn’t going to disappear. Which means the only way for bitcoin payments to ever go mainstream...
Read More
A European Central Bank (ECB) panel tasked with exploring a central bank digital currency (CBDC) is set to reveal its findings in the near future, followed by a public consultation, said ECB President Christine Lagarde. Speaking at the Deutsche Bundesbank’s conference on banking and payments in the digital world Thursday, Lagarde addressed the competition to...
Read More
The Unemployment Insurance Fund (UIF) says it has resumed payment of its Covid-19 temporary employer/employee relief scheme (Ters) benefits after payments were temporarily suspended pending an investigation by the auditor general into the payments system.  The Mail & Guardian understands that the investigations into the fund began in July as part of the chapter nine...
Read More

Bit2Big

Bit2big offers global digital finance solutions based on blockchain, cryptocurrency investments and blockchain services.

With a presence in Switzerland, Nigeria, Rwanda and Uganda we are driving the adoption of blockchain technologies in the east and west Africa.

Transformative, empowering, progressive and integral. At Bit2big we believe in ownership, financial stability and having control over your future.

News

Best new cryptocurrency to buy in South Africa in 2022
August 12, 2022By
Bitcoin Falls Initially on US Jobs Report, Grinds Higher Later
August 6, 2022By
Why Africa’s crypto wave attracts funding
August 2, 2022By

Recent Cases