Tag: Checkout.com

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Legal Action Contemplated by Binance Following Termination of Partnership with Checkout.com

August 20, 2023

On August 17, Binance, the world’s largest cryptocurrency exchange, received notification from payment processor Checkout.com about the termination of their contract due to regulatory concerns.  However, according to Forbes’ report, Binnace expressed disagreement with Checkout’s grounds for contract termination and mentioned potential legal action. … Read More: Legal Action Contemplated by Binance Following Termination of Partnership…
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Checkout.com Reveals Merchants Can Accept and Make Payments in USDC

June 9, 2022

On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com further detailed that in a beta test with select clients, the company settled $300 million in transaction volume leveraging the USDC stablecoin. Checkout.com Leverages the Stablecoin USDC Checkout.com…
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Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy

March 9, 2022

Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to Help Merchants Accept…
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