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WeChat Pay to reportedly take on Google Pay and Paytm in India later this year

Mar22
by on March 22, 2019 at 11:11 am
Posted In: Apps, Around the Web, India


Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June. In the already saturated UPI payments market in India, WeChat Pay will compete against BHIM, PhonePe, Paytm, and Google Pay. According to NCPI’s website, monthly UPI transaction volumes consistently exceeded Rs. 1 trillion ($14.49 billion) in December, January, and February; WeChat will certainly be tempted to get a slice of…

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a couple of laughzillas on a blue diamond background

WeChat Pay to reportedly take on Google Pay and Paytm in India later this year

Mar22
by on March 22, 2019 at 11:11 am
Posted In: Apps, Around the Web, India


Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June. In the already saturated UPI payments market in India, WeChat Pay will compete against BHIM, PhonePe, Paytm, and Google Pay. According to NCPI’s website, monthly UPI transaction volumes consistently exceeded Rs. 1 trillion ($14.49 billion) in December, January, and February; WeChat will certainly be tempted to get a slice of…

This story continues at The Next Web

Or just read more coverage about: Google

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a couple of laughzillas on a blue diamond background

4,000 art auction houses are putting their sales records on the blockchain

Mar22
by on March 22, 2019 at 11:10 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


A recent merger between a blockchain-based art registry and an international auction house sales database will see sales records from over 4,000 auction houses put on the blockchain. The art registry, Artory, has purchased Auction Club, a currently privatized database that contains information from over 4,000 international auction house sales, the Art Newspaper reports. The acquisition will merge the two companies immediately and will make Auction Club’s sales records from over 250 businesses in 40 countries publicly available for the first time. Records will begin to show up on the blockchain-based registry some time in May. The data held in…

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a couple of laughzillas on a blue diamond background

4,000 art auction houses are putting their sales records on the blockchain

Mar22
by on March 22, 2019 at 11:10 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


A recent merger between a blockchain-based art registry and an international auction house sales database will see sales records from over 4,000 auction houses put on the blockchain. The art registry, Artory, has purchased Auction Club, a currently privatized database that contains information from over 4,000 international auction house sales, the Art Newspaper reports. The acquisition will merge the two companies immediately and will make Auction Club’s sales records from over 250 businesses in 40 countries publicly available for the first time. Records will begin to show up on the blockchain-based registry some time in May. The data held in…

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a couple of laughzillas on a blue diamond background

Alleged Russian boss of Bitcoin ‘money-laundering scheme’ wants to go home

Mar22
by on March 22, 2019 at 11:01 am
Posted In: Around the Web, cryptocurrency, Hard Fork


Alexander Vinnik, the alleged operator of troubled cryptocurrency exchange BTC-e (who is wanted in several countries for his potential involvement in a Bitcoin fraud case) has lodged an appeal for extradition to his native Russia. Vinnik, who has reportedly been on hunger strike for three months, was arrested in July 2017 at the behest of the US Justice Department, accused of laundering billions of dollars with Bitcoin. He was on a family holiday in Greece at the time. The extradition request has been made based on “humanitarian reasons.” Vinnik’s lawyers claim his life is at risk – he was reportedly…

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