Well, it's time to sum up the FINTTH-results of the new week. If you follow the news of this type - view our digest, suddenly missed something. If not - all the more worth reading, because many news is really important.
- PayPal will buy Hyperwallet
- Samsung creates platform on blockchain
- Amsterdam testing Bitcoin ATM
- Contact is prohibited in Ukraine
Paypal
Let's start with PayPal, which
will pay a huge amount - $ 400 million for the payment platform Hyperwallet. This acquisition will help PayPal merchants access multicurrency payment services in more than 200 markets.
Initially, the Hyperwallet service was created to facilitate distributed payments. It was intended, first of all, to organizations such as trade portals or e-commerce platforms. Recipients can choose their preferred method of payment, including a prepaid card, bank account, debit card, bank transfer, checks and PayPal.
Plus, the platform allows you to manage payments and track them. It also ensures that transactions are performed according to rules that vary from country to country. Now all these features will be available for PayPal users.
This is not the largest purchase of the company. Last month, she announced the acquisition of iZettle, a Swedish provider of mobile terminals for payments by bank cards and other payment instruments. The takeover cost the payment system $ 2.2 billion.
Samsung and blockchain
Samsung starts working with the blockchain to create a platform that allows you to prevent logistics fraud. The platform will be called Cello Square 3.0, and it
will be based on artificial intelligence.
Buyers will be able to use the capabilities of the platform to obtain information on the origin of the goods, the country of origin, the names of importing companies and exporters. Among other things, the service will save time and cost of delivery due to automatic calculation of the shortest and less costly routes.
Amsterdam Bitcoin ATM
Bitcoin continues to penetrate the masses. For example, together with ATMs. In the Amsterdam Schiphol Airport
, the first Bitcoin automaton
was recently installed , which converts euros to Bitcoins and broadcasts. The ATM is installed for a period of six months - with its help, the authors of the idea will be able to study the demand for the service from the passengers.
The ATM allows you to change the euro to bitcoins, if suddenly the traveler is left with free cash, which at home will fit except for “friends to show”, because the euro does not run in the country of residence. And to show even a small bit of bitcoin is more pleasant.
Schiphol is the first airport in Europe to offer service to travelers. About 50 million passengers pass through this airport every year. Another ATM of this type is installed at the Australian airport Brisbane.
Contact banned in Ukraine
Well, the latest news for today, not the most positive, concerns the Contact system. This money transfer system was
banned in Ukraine. For some time she managed to circumvent the ban with the help of the Tyme affiliate system, but after a while Contact’s scheme of work was revealed and transfers to Ukraine became impossible. So if this system is important to you, you will have to look for new ways to manage your financial flows.