Sunday February 28, 2021
Bitcoin (BTC) $45,397.00   Ether (ETH) $1,415.54
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Crypto Payments

Digital Debit integrates bitcoin payment app for Coinbase users

Published by CryptoNinjas.net
11/27/2017
Digital Debit integrates bitcoin payment app for Coinbase users

Digital Debit Group (DDG), a division of Qondado LLC, today announced the selection of Coinbase as the closed loop payment network of its mobile app. The company’s integration of the Coinbase banking system with the Digital Debit QR platform delivers the first global off-blockchain P2P mobile payments ecosystem for the Coinbase growing user base and provides the added benefit of tokenized QR transaction codes for real-time bitcoin account-to-account transactions.

DDG believes the opportunity to build Digital Debit with Coinbase will give their QR payment system a competitive boost in the growing real-time payments space and become an instant competitor to other mobile payment apps such as Zelle, Venmo, Square Cash, and Western Union. DDG designed the Digital Debit app with simplified features the company believes will better connect with new users, such as a single panel of operation for sending and receiving payments and the ability to personalize the app with custom background images.

The company also designed an innovative visual confirmation system for successful transactions that allow the sender and receiver of bitcoin to deal fast in rapid transaction environments such as in public venues, mobile food locations, passive donations, restaurants and courtesy tipping.

The company states that by coupling the app to the Coinbase platform, the app will allow users to instantly purchase bitcoin, load their linked accounts and seamlessly associate their bitcoin values with other bitcoin-enabled products such as the Shift Visa card. Digital Debit uses real-time bitcoin conversions to localized fiat currencies utilizing the BitcoinAverage index to offer the best continuity with global exchanges and wallets. Bitcoin values transferred to the Digital Debit app using tokenized QR codes exchanges payment off blockchain in real-time between Coinbase accounts. The app also supports legacy on blockchain transactions, third-party wallets, and cash deposit bitcoin ATM machines.

DDG roadmap with the Digital Debit app model includes integration with other banking platforms such as the EMVCo QR, The Clearing House Real-Time Payments, and PayPal with Qondado’s Digital Credit brand.

“We evaluated over 10 banking APIs to build our flagship Digital Debit app and found the Coinbase open banking platform to offer an exciting opportunity to reach a global audience. We are delivering an easy to adopt app that hides the complexities of Bitcoin behind fiat currency values that users understand.  With the assurance that users can pay and get paid using local currency translation with one globally backed store of value, we see Digital Debit playing a significant role in the adoption of Bitcoin for day to day transactions.”

Edward Robles, CEO of the Digital Debit Group
8
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Coinbase files registration statement for proposed public stock listing 
Crypto Exchanges

Coinbase files registration statement for proposed public stock listing 

02/25/2021
Coinbase approved as Visa principal member; will improve bitcoin debit card features
Crypto Payments

Coinbase approved as Visa principal member; will improve bitcoin debit card features

02/19/2020
Coinbase adds support for Cosmos (ATOM) token
Token Offerings/Listings

Coinbase adds support for Cosmos (ATOM) token

01/16/2020
Coinbase.com adds support for Dash (DASH)
Token Offerings/Listings

Coinbase adds support for DASH; explores list of new token additions

09/19/2019
Coinbase Commerce adds support for USD Coin (USDC)
Crypto Payments

Coinbase Commerce adds support for USD Coin (USDC)

05/20/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Glow programming language brings smart contract simplicity to Cardano

Glow programming language brings smart contract simplicity to Cardano

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

02/27/2021
SmartKey to integrate with GeoDB to build the blockchain-based data ecosystem

SmartKey to integrate with GeoDB to develop blockchain-based data ecosystem

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
Bitcoin exchange Xcoins receives In-Principle Approval for Malta's VFA license

Bitcoin exchange Xcoins receives In-Principle Approval for Malta’s VFA license

02/26/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version