Money Buzz! Europa

Category: Technology

  • Mastercard brings Google Pay to ten European countries

    Mastercard brings Google Pay to ten European countries

    Mastercard brings Google Pay service for its cardholders in Austria, Bulgaria, Estonia, Greece, Latvia, Lithuania, the Netherlands, Portugal, Romania and Hungary.

    Mastercard offers Google Pay in partnership with a number of banks and fintechs, which include, but are not limited to: Banca Transilvania, CEC Bank, Curve, LHV Pank, N26, Revolut, Swedbank, TransferWise and Viva Wallet.

    To use Google Pay, Android users need to select the ”Add to Google Pay” option in the mobile banking applications of the issuing banks.

    Once the card has been added to Google Pay, users can use their mobile phone to make contactless payments wherever this type of transaction is accepted.

  • How to Buy and Save Cryptocurrency

    How to Buy and Save Cryptocurrency

    Cryptocurrencies are currently taking over the financial market. Individuals and corporations are exploring ways to integrate these cryptocurrencies in their day-to-day transactions.

    Apart from Bitcoin, other stablecoins mirror the exact value of the dollar. The most popular and reliable is the USDT (Tether coin). These stablecoins are essential for marketers and traders seeking to avoid market unpredictability.

    Presently, you can buy USDT with credit card or any standard debit card. You can also use PayPal or other cryptocurrencies. But how will you store all the purchased coins for future use?

    Let’s dive right in to find out more about USDT assets and how to safeguard them.

    Where can I buy USDT?

    The internet provides multiple avenues to exchange fiat for Tether coins. You can purchase your assets from a trader or a friend. Also, global exchanges can offer you the option to trade USDT assets with other users.

    However, you must create a wallet before conducting any transaction. If you don’t know where to buy USDT, find any secure digital wallet for your Tether coins, and ensure that the exchange rates are reasonable.

    Once you have opened a wallet, you can easily buy your USDT with a credit card — VISA, Mastercard, Discover, American Express, etc. PayPal also allows payments to USDT wallets. However, you might experience some technical issues with the transaction, depending on your location.

    Also, owners of online wallets with other cryptocurrencies can convert their assets to Tether coins instantly via a crypto exchange.

    How to buy Tether with credit card

    Since Tether is a stablecoin that always maintains its 1-to-1 value to the dollar, buying with a credit card is lucrative. Users are allowed to deposit a particular dollar (USD) amount to their Tether Limited account, and they will receive the USDT equivalent in return without commissions.

    If you don’ know how to buy USDT with a credit card, start by setting up an account and verifying your profile. Next, you can contact an expert or a support staff from the crypto wallet service provider for assistance. They will educate you on the necessary steps to buy Tether coins. Eventually, the purchased USDT will enter your preferred crypto wallet, and you will learn how to buy Tether on your own.

    Benefits of storing cryptocurrency in online wallets

    If you have some USDT assets at your disposal, you need to find a reliable wallet to store them. But before choosing a wallet, try to ascertain the type of USDT you have. The reason is that you can lose your funds if you place your USDT coin in the wrong wallet.

    Therefore, let’s look at the main types of USDT and how to identify them.

    1. ERC20 (has an ‘0x’ prefix)
    2. TRON (start with a ‘TX’)
    3. Omni Layer (random numbers and letters)
    4. SegWit (starts with a ‘bc1’)

    Advantages of online wallets

    Of course, you can store your Tether coins on a hardware (USB drive). This storage system is useful if you have stablecoins like USDT. However, you risk losing everything if the drive malfunctions or gets lost.

    In essence, you need an online wallet because of the following reasons:

    1. Safety

    Online wallets are like digital safes for your cryptocurrency. Think of it as a bank: they help you carry your digital currency around with security and ultimate privacy. Also, online wallets serve as a receptacle for all forms of cryptocurrency.

    1. Accessibility

    Online wallets allow you unlimited access to your digital currency at any time. If you choose a reliable exchange, they will help you backup your account against any unforeseen circumstances.

    1. Customer support

    A support teamster is always available to assist you with any issues you encounter while using the wallet. If you don’t know how to buy Tether with debit card, they will show you the ropes.

    Moreover, you can use an established wallet service provider or seek alternatives on your own. However, you will lose funds using this trial and error method. This approach entails sending small amounts of USDT to determine if they are compatible with the target wallet. If the transaction goes through, then the wallet is the right fit for you. Else, you will lose funds.

    Storage of cryptocurrency on the stock exchange

    You can store your cryptocurrency on the stock exchange and monitor changes in the financial sector. However, most cryptocurrencies react to consumer behavior rather than the stock market. Alternatively, the value of USDT is pegged to the dollar’s value, and by extension, the stock exchange.

    In essence, you can buy Tether with a credit card. Alternatively, you can exchange other cryptocurrencies for USDT. All you need is a safe online wallet to store your Tether coins.

  • Klarna launches widget to track prices during holiday shopping season

    Klarna launches widget to track prices during holiday shopping season

    Klarna announced a new iOS price drop widget allowing consumers to stay on top of the latest deals and sales.

    Consumers will be able to receive real-time updates on price changes for their saved items by looking at the home screen on their smartphone.

    So, the widget rotates through a selection of shoppers’ most relevant items and saved products based on price updates.

    Available in three different sizes, the widget is a permanent extension of the Klarna app.

    The Klarna app will also provide trending Black Friday shopping deals from key merchants.

    Also, the new Deals section will provide users a dedicated space to search and browse a list of merchant discounts that are updated daily. 

  • Eleven completes acquisition of live streaming company MyCujoo

    Eleven completes acquisition of live streaming company MyCujoo

    Sports media service Eleven has completed the acquisition of live streaming company MyCujoo and its Live Services streaming technology.

    Launched in 2015, MyCujoo has enabled football federations, leagues and clubs to showcase their games live to a global audience.

    In 2019 alone, MyCujoo streamed over 22,000 matches from 3,500 content creators, reaching more than 26 million unique users. 

    MyCujoo’s consumer platform will be folded into Eleven, to create a new and enhanced global platform, which will be fully operational in 2021. The content offering will be organized into the three verticals – Eleven Next, Eleven Women and Eleven Esports. 

    MyCujoo also recently launched MyCujoo Live Services (MCLS), which will remain a separate entity within the Eleven Group.

  • Young users to top up their exchange account directly at the supermarket checkout

    Young users to top up their exchange account directly at the supermarket checkout

    For Young customers, an Italian fintech startup operating in the cryptocurrency industry, after the collaboration with viacash, a new top-up method is now available as an alternative to the traditional bank transfer.

    Users will be able to top up their exchange account directly at the supermarket checkout.

    There are over 600 affiliated shops between Penny Market and Pam distributed across the country.

    The customer need to geolocate in the chosen Penny Market or PAM store, insert the amount you want to load and generate a barcode to show at the checkout. At this point you can complete the payment in cash. 

    The opportunity to top up your account at the supermarket is an addition to the recent introduction of debit cards, credit cards and Apple Pay to purchase the main cryptocurrency in a simple and immediate way.

    Young is an Italian fintech startup based in Turin and London which mission is to make the world of cryptocurrency accessible.

    The startup has reached an evaluation of 10 million Euros, launching 2 crypto-exchanges on the market.

  • Google investigated in Italy for abuse of a dominant position in the online advertising market

    Google investigated in Italy for abuse of a dominant position in the online advertising market

    Italy’s antitrust regulator announced on Wednesday that it is investigating the American giant Google for abusing its dominant position in the online advertising market.

    Google is suspected of using the data it has collected through its own applications to stop rival operators from competing effectively.

    The investigation would be completed by November 2021.

    The institution states that online advertising sales are the second most important source of revenue in the media sector, and the decrease of competition in the market could deprive publishers and those involved in news sites of very important resources.

    On Tuesday, joint teams from AGCM and Italian police searched some Google headquarters in the country.

    In 2019, the Italian online advertising market recorded revenues of over 3.3 billion euros.

  • DAZN expands to more than 200 countries & territories on Dec. 1

    DAZN expands to more than 200 countries & territories on Dec. 1

    DAZN, a global sports streaming service, will expand to more than 200 countries and territories beginning Dec. 1. The platform will debut with back-to-back weekends featuring boxing events.

    The initial monthly price point for new markets will be £1.99 or less.

    At launch, DAZN’s global platform will feature world championship boxing events, as well as an ever-growing archive of classic fights, athlete features and a slate of original programming including 40 DAYS, Saturday Fight Live and ONE NIGHT. 

    Additional sports and programming will be added beginning in 2021.

    ”From the UK to Mexico to Australia, we’ve seen an encouraging level of interest in our key events since first launching in 2016,” said DAZN EVP Joseph Markowski.

  • Enel X launched its own online banking account and payment app

    Enel X launched its own online banking account and payment app

    Enel X makes its debut in the digital financial services and mobile banking sector with Enel X Pay, the online banking account from Enel X Financial Services.

    The partnership with Mastercard enables users to make fully secure payments and transfers in real time directly via smartphone app.

    They can have a digital or physical card and monitor the transactions and spending of the whole family.

    Enel X Pay is a native digital account, involving a card and an Italian IBAN, which allows users to perform multiple types of transactions: from the payment of bills, taxes and duties of the Public Administrations signed up to Italy’s pagoPA circuit, to SEPA transfers, from the peer-to-peer transfer of money with no additional costs, to donations aimed at solidarity initiatives to third sector associations like Save the Children, Food for Soul and Doctors without Borders.

    Users can manage the Enel X Pay banking account directly from the app bundled with a digital and physical card.

    The card is made out of plant-based bio-plastic and is linked to Mastercard, the key international payment circuit with over 52 million points of acceptance around the world.

  • How to own a franchise of an cryptocurrencies ATM

    How to own a franchise of an cryptocurrencies ATM

    Bitcoin Romania launches a franchise for ATMs with cryptocurrencies, the franchisors having the possibility to obtain profit after 1-3 months from the investment.

    The company wants to register at the end of the year a network of 100 ATMs compared to 20 at present.

    To become a partner, the franchise must be taken over by a legal entity. The cost of the franchise is 4.500 euros.

    To this amount is added a 5.000 euro deposit for the ATM and 10.000 euros for the first loading of the ATM.

    On the other hand, the partners’ profit is up to 4.000 euros net per month / per ATM due to a commission from each transaction. Clients can sell and buy several cryptocurrencies, not just Bitcoin (for example, Ethereum, Litecoin, Bitcoin cash)

    At the end of the franchise agreement, the partner will receive back the 10.000 euros and also the deposit of 5.000 euros if the ATM is in good condition.

    Currently, Bitcoin Romania has 20 ATMs in cities such as Bucharest, Constanța, Sibiu, Râmnicu-Valcea, Galati. Mangalia, Craiova and Târgu Jiu, and by the end of the year it aims to expand in all cities of the country.

    Of these, 14 are Bitcoin Romania ATMs, and six are through partners.

    First cryptocurrency ATM in Romania was set up in 2014

    The company brought the first ATM on the local market in 2014, this being the first Bitcoin ATM in Continental Europe and the fifth in the world.

    Since then, Bitcoin Romania has brokered 40.000 transactions 15 million euros worth. Also, the 14 own ATMs were used by over 25.000 customers for the sale and purchase of cryptocurrencies.

    The entire ATM network will represent approximately 30% of the turnover of 10 million euros estimated by Bitcoin Romania for 2020.

  • Beat launches the largest all electric fleet of Tesla 3 cars in Latin America

    Beat launches the largest all electric fleet of Tesla 3 cars in Latin America

    Beat announced today the launch of Beat Tesla service, the first and largest private all electric fleet of Tesla 3 cars in Latin America, for passengers in Mexico City. 

    Beat Tesla will be available in key districts of Mexico City.

    The company was founded in 2011 and was acquired by mytaxi, Europe’s top taxi-hailing app (Daimler Mobility Services GmbH, part of Daimler Group) in February 2017.

    Beat is part of the FREE NOW group, the ride-hailing joint venture of BMW and Daimler.

    The app is currently available in Greece, Peru, Chile, Colombia, Mexico, Argentina, with plans to expand to more cities in Latin America, and has a Tech Innovation and Engineering Hub in The Netherlands.

  • CoinLoan, an international crypto-lending platform, goes mobile

    CoinLoan, an international crypto-lending platform, goes mobile

    CoinLoan, an international crypto-lending platform, announced that all the services previously available only from a desktop are now at a distance of a few taps, with a new mobile app.

    What you can do with the new CoinLoan app:

    • Interest Account, the feature that allows users to earn up to 10.3% on idle assets annually just for parking them on the platform.
    • Instant Loans, the place for asset-backed loans with interest rates as low as 4.5%. No paperwork or credit checks needed.
    • Crypto Exchange is a tool to buy, sell, and swap assets at competitive rates, with no deposits and withdrawals fees.

    The tools mentioned above create a multi-purpose platform for asset management, beneficial for traders and miners, investment funds, private investors and all the crypto enthusiasts.

    Earlier this month, CoinLoan received the renewed European virtual currency provider license.

  • The public transport operator in Constanța to use SAP S/4HANA solution

    The public transport operator in Constanța to use SAP S/4HANA solution

    The public transport operator of Constanța Municipality, CT BUS SA, implements SAP S/4HANA solution in order to make internal expenditures transparent and to improve the reporting process.

    In 2018, CT BUS carried over 20 million passengers, being declared the best performing public transport company in Romania in that year.

    SAP S/4HANA is a future-ready enterprise resource planning (ERP) system used by over 14.500 clients all over the world, with built-in intelligent technologies, including AI, machine learning, and advanced analytics.

    The solution will help CT BUS to ensure transparency in spending public money, increasing the company’s image, improving the relationship with employees and with the City Hall of Constanța – the only shareholder – by making operating costs transparent.

    CT BUS, with a fleet of over 200 buses and 700 employees, will use the SAP S/4AHANA system to optimize its accounting, sales, supply-chain, operation and maintenance fleet, human resources and payroll departments.