Join Our Mailing List
Thursday January 26, 2023
Bitcoin (BTC) $23,140.20   Ethereum (ETH) $1,609.72
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Payments

SatoshiPay pilots global blockchain payments wallet for businesses

Published by CryptoNinjas.net
12/09/2019
SatoshiPay pilots global blockchain payments wallet for businesses

SatoshiPay, a payment solution built on top of the Stellar network, announced today the beta launch of SatoshiPay B2B, a completely new service for instant global payments for businesses and organizations. While SatoshiPay’s first service focused on micropayments, this new B2B product is built to handle global payouts of any amount.

Using the Stellar distributed ledger network allows SatoshiPay to facilitate fast and cheap international payments. Cross-border payments can be sent to a local entity in the recipient country that is connecting local payment infrastructure to the Stellar network (so-called “anchors” in Stellar terminology). The anchor can then transfer the equivalent amount to the recipient using the local bank network, cash outlets or other payment infrastructure.

The B2B service will be able to offer instant bank account payouts to any country with respective local anchor infrastructure. Currently, that’s predominantly countries in Latin America, the U.S., and Africa, with more countries being covered as the Stellar anchor ecosystem expands.

“Our second offering in the B2B space aims at globally operating businesses, e.g. marketplaces, gaming or gig economy ventures, that are sometimes limited by the reach of today’s payment networks and can’t grow their operations to certain countries. Many of these sites therefore pay out using e-commerce vouchers or mobile phone credit instead, simply due to the lack of a better pay-out infrastructure. These companies would benefit from global token payouts via a blockchain-based payment wallet that can be used by anyone, independently of bank accounts.”
– The SatoshiPay Team

If interested to learn more, the SatoshiPay team is currently running a fee-free invite-only B2B beta pilot.

149
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

SatoshiPay receives grant from Stellar to develop layer-2 Pendulum blockchain

06/08/2021
SatoshiPay receives grant from Stellar to develop layer-2 Pendulum blockchain

SatoshiPay, a blockchain-powered payment solution built on Stellar, announced that it has received a research and development grant from the Stellar Development Foundation to start the production of the Pendulum network; a new second-layer...

Read more

SatoshiPay secures $550,000 investment from Stellar Development Foundation

05/28/2020
SatoshiPay secures $550,000 investment from Stellar Development Foundation

SatoshiPay, a crypto payment solution provider, today announced that the Stellar Development Foundation (SDF) has made a strategic investment of $550,000 by way of convertible loan notes. This investment marks the third investment made...

Read more

SatoshiPay integrates MoonPay for fiat XLM purchases in Solar wallet

01/29/2020
SatoshiPay integrates MoonPay for fiat XLM purchases in Solar wallet

SatoshiPay, a blockchain payment technology company, has announced that the newest release of its Stellar (XLM)-based wallet Solar; will allow users to purchase Stellar Lumens (XLM) using their credit/debit card or Apple Pay directly...

Read more

æternity invests in SatoshiPay, integrates micropayments and smart contract support

03/19/2019
æternity invests in SatoshiPay, integrates micropayments and smart contract support

æternity, the blockchain developer ecosystem, has today announced they have acquired a stake in SatoshiPay during their latest funding round, integrating the micropayment services platform as part of a wider push to put in...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 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
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy