Burger King to Accept Bitcoin in Russia This Summer
Russian Burger King restaurants are due to start accepting Bitcoin as a payment method this summer, according to Coin Telegraph.
Moscow branch of the burger chain has started piloting Bitcoin payments, with officials now confirming a nationwide rollout. Uznay Vse states the unnamed branch accepted a Bitcoin transaction on Tuesday this week, which represents “the first official reports of Bitcoin payments for goods and services in Russia.”
Burger King has also begun the hunt for an IT professional able to implement the relevant software.
Source: https://cointelegraph.com/news/burger-king-to-accept-bitcoin-in-russia-this-summer
Pay4 appoints EQ Global as its payments processor
Pay4, a finance provider to small and medium sized businesses in the UK, has partnered with EQ Global, to act as its global payments processor.
Founded in 2013, Pay4 offers a revolving credit facility for growing UK businesses to pay for goods or services. Funding is accessed by settling supplier invoices via an online platform. In 2017, Pay4 has achieved quarterly growth in transactions of over 150%, establishing itself as a key working capital solution for ambitious businesses.
The partnership between EQ Global and Pay4 will increase the speed and efficiency with which Pay4 can process payments for their customers, which benefits Pay4’s customers and their suppliers.
Alphavend opens bitcoin terminal in West London
Alphavend, the UK based digital currency ATM operator, has just launched West London’s first Bitcoin machine, in Acton Town located a few minutes walk from Acton Town Piccadilly Line Station.
After successfully deploying machines in Central London, Scotland, and in Brighton, this latest installation is at the heart of a vast catchment area of West London.
Now, customers from Acton, Ealing, Hounslow, Brentford, Heathrow, Grenwich, Hammersmith, Uxbridge and other key West London districts will no longer have to head into Central London to buy their Bitcoin.
Chinese tourists can now use Alipay in all 242 Starbucks across Malaysia
Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group, is now available for Mainland Chinese tourists at all 242 Starbucks branches across Malaysia.
Chinese tourists can find a nearest Starbucks through the in-app Discovery platform, and pay for their drinks in RMB via Alipay. Alipay and Starbucks Malaysia are also launching a marketing campaign to celebrate the partnership together with Chinese consumers.
Starting from August 18 to October 31, a Chinese tourist using Alipay in Starbucks can enjoy 10% off with cap at RMB 5 yuan and free drink size upgrade at the same time once every week. The customer will also receive a 10%-off e-voucher for future use upon completion of the first transaction. Alipay and Starbucks Malaysia fund the campaign jointly.
Transfer Firm Moves Into Polish Markets With The Unbanked In Mind
UK-based money transfer brand, Imperial FX, have announced that they are now transferring funds into the Polish market, and can beat the rates of many other money transfer firms.
The announcement comes after they have proven themselves to be a preferred provider for individuals transferring money to Brazil, Portugal and the Middle East, due to the competitive rates that their money corridors enable them to offer. They cemented their position in these markets with the acquisition of BR money in 2015.
While many fintech firms are concentrating on digital payments and currencies, personal backgrounds and the experience in sending remittance payments means that the team at Imperial FX are increasingly aware of the financial exclusion that the digital realm is creating, and the number of ‘unbanked’ people that are unable to take advantage of these services, missing out on vital funds.
