Tag: ride-sharing
Embedded Finance: The Next Generation Opportunity (Jamel Derdour)
Unlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments
In Asia Pacific (APAC), the rapid development of cross-border e-commerce has fueled demand for cross-border payment capabilities and embedded financial solutions as small, online businesses embrace digital technologies to broaden
The post Unlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments appeared first on Fintech Singapore.
The Value of Third-Party API Integrations
FinTech and financial institutions alike need to bring forth financial technologies that improve both the customer and employee experience. The challenge is building and launching these technologies quickly, efficiently, and within a scalable, sustainable model. Enter the hidden value of third-party software integrations.
The post The Value of Third-Party API Integrations appeared first on Finovate.
Got Bitcoin? Uber CEO Says Ride-Sharing App Could Accept Crypto in Future if These Conditions Are Met
The head of the world’s leading rideshare company says it’s likely they’ll accept cryptocurrencies as payments down the road. In a new Bloomberg interview, Uber CEO Dara Khosrowshahi tells host Emily Chang that two big factors are preventing him from approving digital assets to cover the cost of fares and food delivery. “It definitely could […]
The post Got Bitcoin? Uber CEO Says Ride-Sharing App Could Accept Crypto in Future if These Conditions Are Met appeared first on The Daily Hodl.
Uber Will Eventually Accept Crypto as Payment, Says CEO
The chief executive of rideshare company Uber has said the firm ‘absolutely’ will accept cryptocurrencies in the future as they become more ‘environmentally friendly’ and less expensive. Notably, Uber co-founder Oscar Salazar forayed into the crypto industry by founding Voyager, a crypto exchange in 2018. In an interview with Bloomberg, Uber Technologies CEO Dara Khosrowshahi stated that his company will ‘eventually’ accept cryptocurrencies ‘at some point’ in the future but not for now because the ‘exchange mechanism is expensive,’ adding it’s also ‘not great for the environment.’ “Is Uber going to accept crypto in the future? Absolutely. At some point. This isn’t the right point, but we will.” This isn’t the first time Khosrowshahi has come out in favor of cryptocurrencies. Earlier last year, he said that the popular ride-sharing app was ‘going to look at cryptocurrency and or Bitcoin in terms of currency to transact.’ Khosrowshahi has also been known as an early Bitcoin advocate. During his 12-year tenure with Expedia, a travel-bookings platform, he turned the platform into one of the first mainstream merchants to accept Bitcoin as a form of payment in 2014. “I think right now what we see with bitcoin and some of the other [cryptocurrencies] is that they are quite valuable as a store of value. As the exchange mechanism becomes less expensive, becomes more environmentally friendly, I think you will see us lean into crypto a little bit more.” he added. Earlier last year, electric car company Tesla added Bitcoin to its balance sheet and started accepting it as a payment method but later canceled citing environmental concerns. However, CEO Elon Musk said that it may start again in the future.
The post Uber Will Eventually Accept Crypto as Payment, Says CEO appeared first on Cryptoknowmics-Crypto News and Media Platform.
Breaking: Uber Doubles Down On Its Decision To Accepting Cryptocurrencies As Payment
Uber Technologies has reiterated that it is considering accepting cryptocurrencies as payment. The CEO of the ride-hailing company said the firm was constantly watching the crypto space as it saw a lot of value in cryptocurrencies. However, he added that the time is not yet right for the company to implement crypto payments. Uber is
The post Breaking: Uber Doubles Down On Its Decision To Accepting Cryptocurrencies As Payment appeared first on CoinGape.
Uber will accept crypto ‘at some point,’ firm’s CEO says
Uber is having conversations about leaning into crypto, the firm’s chief executive Dara Khosrowshashi…
The post Uber will accept crypto ‘at some point,’ firm’s CEO says appeared first on Coin Journal.