Payment provider innovation across remittances, B2B payments, and retail card and noncard payments is setting a long-term growth runway. In the short term, providers must navigate a host of obstacles to enable more crypto users to become crypto payers—and so far they’re succeeding.

Noncard crypto payments are increasingly available to consumers and may also be attractive to merchants.

It now lets users convert payments to Bitcoin, and it launched two products to let customers access third-party apps.

In 2021, cryptocurrency accounted for $6.10 billion worth of transactions worldwide, up 177.3% from $2.20 billion the year before. Come 2023, crypto transaction value will hit $16.16 billion as more businesses accept these digital currencies as payment.

Bolt acquired crypto startup Wyre Payments to help it stand out in the highly competitive one-click checkout space.

Inefficiency and environmental impacts make Bitcoin unfit as a payments network, per Sam Bankman-Fried. We think CBDCs pose better chances.

Payments are set to break physical and digital borders in 2022. Innovations will make payments accessible across regions; super apps will address consumers’ financial needs all in one place; and lending will extend credit to once-inaccessible segments.

The payments firm partnered with FTX and launched a new API service aimed at attracting crypto firms.

Twitter invested in Bitcoin payment provider OpenNode’s $20 million funding round.

Both card networks reported strong volume growth and outlined ambitions for cryptos and B2B payments.

Bitcoin is losing ground in the payments realm as stablecoins solve key crypto pain points, which could move the needle for crypto adoption.

It’s already made crypto-payments-focused partnerships, and an exec said it’s looking at crypto. Or maybe it’s more about the metaverse.

Of the small and medium-sized businesses (SMBs) in the US that accept cryptocurrency, 93% take payments in Bitcoin, making it the most commonly accepted crypto.

A US neobank is offering a simple onramp to crypto that targets Hispanic users. Could it pave the way for using digital assets in cross-border payments?

Confirming speculations, Meta is enabling P2P payments within WhatsApp through its digital wallet app, Novi.

Enabling cryptos into products like Apple Pay and Apple Card could open up monetization and engagement opportunities.

Blockchain is attracting enormous interest on the back of surging cryptocurrency valuations and increasingly high-profile payment integrations. But as a real payment currency, blockchain-based cryptocurrency still must overcome many hurdles before it can truly disrupt the space.

On the company’s earnings call, CEO Steve Squeri added color to the issuer’s performance and addressed popular trends like BNPL and cryptos.

PayPal confirmed it’s looking into developing a stablecoin, an asset class with unique crypto benefits that can help drive volume.