Cryptocurrency seems to be a perfect currency for criminal activity — it’s unregulated, difficult to trace, and increasing in value. For these reasons, it has fuelled and enabled a multibillion economy of ransomware, cyber-extortion, and impersonation.

Paxful Pay, businesses have ability to manage their earnings and convert bitcoin into their local currency on Paxful Marketplace using almost 400 payment methods. Merchants will have control over configuration of solution on their Paxful Merchant Dashboard and can track every transaction. Paxful Pay allow merchants to automatically convert bitcoin into their local currency within their bank account

The increase of digital payments across the world shows a clear trend of user’s need for safe and contactless payments methods. This digital payment platform enables users to send and receive money instantly 24/7, make payments through merchant partner apps and websites,

ESET has explored the topic of FinTech app usage in the consumer segment of its global financial technology (FinTech) research, surveying 10,000 consumers across the UK, US, Australia, Japan and Brazil. The survey explores consumer habits and attitudes toward FinTech applications and their perceived risks, and the responses reveal the level of interest in FinTech platforms.

Faysal Bank is currently paying out Western Union international money transfers in local currency to customers via its retail network of more than 575 locations. An expanded agreement with Western Union enables Faysal bank customers to receive money in real-time into their accounts, as well as to other banks across Pakistan.