Canadian shoppers can use Bitcoin payments for Newegg purchases

Bitcoin Payments - Canada Newegg Accepts Bitcoin

The online computer hardware and consumer electronics retailer will now accept the top cryptocurrency. Newegg recently announced that its Canadian customers will be able to make bitcoin payments to complete purchase transactions. The cryptocurrency is now listed among the retailer’s accepted transaction methods. The company revealed its new adoption of cryptocurrency in a recent press release. American consumers have been able to make bitcoin payments at Newegg since August 2014. This made the company one of the first ever major retailers to accept the cryptocurrency. According to Newegg, since it…

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Blockchain technology is a top m-commerce driver

Blockchain technology - Bitcoin mobile digital technology

The same tech that powers cryptocurrencies such as Bitcoin are also pushing mobile commerce forward. Blockchain technology, the tech powering cryptocurrencies, is becoming a driving force in advancing mobile commerce. This, according to IBM Blockchain global director Shyam Nagarajan. IBM has been working with a number of banks to develop new paths for m-commerce and payments. IBM has been working with Bank of Ayudhaya and the Kasikornbank in Thailand. They have been working with blockchain technology, said Nagarajan. Their goal has been to boost online shopping and mobile payments platforms.…

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Zimbabwe mobile payments get a shot in the arm from cash crisis

zimbabwe mobile payments bitcoin

The country is suffering from a shortage of cash as Bitcoin simultaneously makes its presence larger. A suddenly downward shift in the availability of cash has driven Zimbabwe mobile payments into a position in which it is experiencing rapid growth. This represents quite a change for the country which has always had a glut of banknotes available. In fact, the $100 trillion note actually exists. However, the country has suddenly found itself in a position of cash shortage, forcing other transactions into popularity. As Zimbabweans search for ways to pay…

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QR codes for Bitcoin exchanges can be impacted by screen brightness

qr code standard mobile payments

Certain quirks occurring in various devices can make it more challenging to use the cryptocurrency. As convenient as Bitcoin QR codes may be, this is among the small number of areas in which there can be a similar challenge to face when compared with the use of traditional forms of banking, as some small quirks can make things somewhat difficult. For example, the brightness of a device screen can make it hard or even impossible to scan quick response codes. When QR codes are provided in order to be able…

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Mobile wallets don’t feel as secure as Bitcoin to Americans

mobile wallets

A recent online survey revealed that consumers in the United States feel that cryptocurrency is safer. According to a recent survey of 1,400 online American customers, people are more comfortable with digital currencies such as Bitcoin than they are with mobile wallets and other types of payment app. The results of the poll were reported in the 2015 Future of Retail study by Walker Sands. The respondents to the survey were asked to rate the method of payments that they feel are the most secure. The majority of people who…

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Converged payments could make mobile payments more attractive

global phone mobile payments commerce

Mobile transactions continue to gain momentum among businesses and consumers Mobile payments are becoming more common, but there are some challenges that are standing between this form of commerce and mainstream acceptance. One of these challenges has to do with a diversified infrastructure. There are many mobile payment services currently available, most of which use their own payment infrastructures. The emergence of new currencies, such as Bitcoin, is complicating this matter, creating yet more division in the mobile commerce space. Complex mobile commerce environments may be slowing growth and adoption…

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QR codes are the center of Bitcoin-inspired digital artwork

QR Codes Art

Quick response codes are now a part of pieces of art that have been created to be smartphone friendly. A company based on the Isle of Man, called CrypArt has now started on a new goal of using QR codes as a part of the artworks that it creates, making it possible for those pieces to be able to contain hidden messages that can be revealed through the use of smartphone scans. The messages contained in the quick response codes can contain everything from text to bitcoin wallets. This all…

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Digital Currency is the Way of the Future

mobile payment security concerns Digital Currency

Digital currency is beginning to become a defining feature of a new era in technological integration. Mobile devices are everywhere, more people are beginning to shop online rather than at physical stores, and physical currency is quickly losing its appeal as a symbol. Years ago, a person could flash a roll of cash and attract envious gazes. Now, however, the color of a credit card and a smartphone can say more about a person’s financial status that a pile of physical money. Mobile commerce is to blame for this trend.…

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Bitcoin becomes legal in California

bitcoin

New legislation makes the use of digital currencies legal in California California Governor Jerry Brown has signed new legislation into law that legalizes the use of Bitcoin and other digital currencies. These currencies had been banned in the state for some time, but this prohibition was overturned by those that believed a ban on digital currencies was outdated. The growing popularity of mobile commerce played a role in attracting support to the legislation, highlighting the fact that the way people are shopping for and purchasing products is beginning to change…

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Event in Washington, DC, aims to explore the changing field of mobile payments

mobile technology payments money

Event will focus on the convergence of Bitcoin, ATMs, and mobile commerce Experts in the financial services industry will flock to Washington, D.C. in September of this year in order to take part in an event aimed at exploring the convergence of Bitcoin, ATMs, and mobile payments. The event will feature some 40 speakers representing groups like the Bitcoin Investment Trust, RoboCoin, MasterCard, and Verifone. Several attorneys and representatives of the federal government will also attend the event, aiming to establish a better understanding of the payments industry. Digital currency…

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QR codes will make BitPay’s wallet smoother with the latest update

mobile payments - QR codes

The user experience has been notably improved in the latest changes to its service. BitPay, the Bitcoin merchant processing provider based in Georgia, has just announced the latest update to its experience, which includes the use of QR codes as well as a newly designed mobile wallet that has been created to remove the “human error in making a Bitcoin payment.” This new mobile wallet has been called the Bitcoin Payment Protocol, which is designed for greater accuracy. The company’s official announcement of the wallet update explained that it would…

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