With 73 % of voters in favor, Switzerland approved the permanent use of cash in a referendum this Sunday, March 8.

In an increasingly digital world, a high percentage of transactions in Switzerland are still paid for with cash. The referendum to decide whether this payment method would be maintained was announced last year.

Thanks to the voters’ support, state entities must now guarantee “the availability of cash in the country, and it is ruled out that it could ever be replaced by virtual money. This guarantee will be enshrined in the Constitution.”

Meanwhile, due to the rise of digital payment platforms and applications, Switzerland, like the rest of Europe, will continue to consider “the possibility of launching a virtual Swiss franc in the future, a cryptocurrency issued by the Swiss National Bank, which, following today’s vote, will have to coexist, if it comes to fruition, with physical coins and banknotes.”

M.Pino

Source: 20minutos

(Reference image source: Claudio Schwarz on Unsplash)

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La entrada Swiss vote in favor of permanent use of cash apareció primero en Bitfinance.

Next Monday, January 19th, will be the second bank holiday of 2026, according to the Superintendency of Banking Sector Institutions (Sudeban), corresponding to the Day of the Divine Shepherdess, celebrated on Wednesday the 14th.

Bank branches will not open. However, all digital channels of the various banks will be available to the public to carry out operations such as balance inquiries, transfers, deposits, and mobile payments.

Likewise, members of the national banking system will have access to ATMs located throughout the country.

Sudeban reminds the public that the complete calendar of national and bank holidays for this year can be found on its website.

M.Pino

With information from Sudeban, national media, and social networks

(Reference image source: rupixen on Unsplash)

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La entrada Monday, January 19th is a bank holiday apareció primero en Bitfinance.

Creating a good payment plan before Christmas Day is useful for maintaining good business and family relationships, as well as ensuring continued access to the services you usually enjoy at home or through your mobile phone.

In this regard, it is recommended to establish a payment schedule, perhaps programmed through your bank account, so that services are automatically debited.

On the other hand, if you are up-to-date with your subscription plans, for example, then you can focus on making bank transfers in advance to the family and friends on your Christmas list.

If possible, obtain enough cash for daily expenses or unexpected events, such as gas or a last-minute gift you might have forgotten.

Saving, a word hardly anyone mentions these days, is another option at this time of year. It can be achieved by withdrawing cash in advance or by placing a modest amount of money in a fixed-term deposit, which will surely be very useful in 2026.

M.Pino

(Reference image source: micheile henderson on Unsplash)           

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La entrada Getting a plan for Christmas banking holidays apareció primero en Bitfinance.

The MGM resort in Las Vegas reported this Monday that they were the target of a new cyberattack that affected all of their operations, particularly the reservations area, online payments and the casino.

The functions were interrupted, leaving the resort out of service, which triggered the immediate investigation of the events.

The closure of security and other specific systems was the first measure taken by the hotel complex that is visited by thousands of casino enthusiasts in Las Vegas.

Customers expressed their annoyance about check-in through paperwork, given that the digital system was not operational, in addition to the impossibility of making purchases in restaurants and bars or using the casino, because they could not use their credit cards. credit.

M.Pino

With information from international media and social networks

(Referential image source: David Vives, Unsplash)

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La entrada Cyberattack affected MGM resort operations apareció primero en Bitfinance.

The new Fintech Law in Chile is expected to come into force on February 3 to achieve strict regulation of the capital market.

According to local media, as the date of application of the Fintech Law in Chile approaches, expectations are increasing in companies linked to the digital payment sector.

In any case, it has been hinted that flexible regulations will be established for companies “that offer financial services that today are not regulated or supervised by the Commission for the Financial Market (CMF)”, such as “collective financing platforms, systems of transaction alternatives, investment advice, credit advice, custody of financial instruments, routing of orders, and intermediation of financial instruments”.

Among the novelties that the Fintech Law will introduce are the adoption of new technologies; modification in the regulations of the banking, securities and insurance sector; the creation of the Open Finance System; innovation in competition and security.

It is important to highlight that in the development of this law, Chile has had the support of international organizations such as the Inter-American Development Bank, the International Monetary Fund and the World Bank.

M.Pine

Source: america-retail.com

(Reference image source: dpa / Revolut, Europa Press)

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La entrada Chile: Fintech Law enters into force on February 3 apareció primero en Bitfinance.

Innovation has been one of the bases that has sustained Bancamiga’s growth in recent months, by offering useful solutions in the market. Today, once again, it has enhanced the facilities of its technological platform, by allowing its customers to immediately recover the available balance of their credit card or the Línea de Crédito Amiga, when making the payment through Bancamiga online.

When previously the balance of the card was paid, it was necessary to wait for the approval of the credit authorizer, which, being outside the Bancamiga infrastructure, did not occur in real time.

With this development, customers can now cancel their card online without waiting for the next invoice movement and will be able to view their consumption in real time. It is to have the limit of your card instantly, explains Bancamiga Banco Universal.

Yraima Martínez, VP of Means of Payment at Bancamiga, said that with this new facility, the banking institution continues to set standards in the Venezuelan financial system in its permanent search to satisfy the needs of its customers.

To make the payment online, the process is very simple. The client only has to enter the Global Position in Internet Banking and follow the established steps, among which are defining the account to be debited (Savings or Current), the card number and the amount.

In this way, Bancamiga becomes one of the first banks to offer this service in the country and the first to do so with an external credit authorizer

Online payment can be made any day, from the Bancamiga.com website or through the Bancamiga Suite application, online banking option, including weekends and holidays. Accounts with status in legal collection, cancelled and in fraud do not have the advantage.

With this feature, Bancamiga offers innovative and versatile financial solutions that improve the customer experience and bring them closer to its products and services.

With information from Bancamiga

La entrada With Bancamiga you have instant access to your credit card limit apareció primero en Bitfinance.

The online payment platform Paypal, announced through the senior vice president of cryptocurrencies that it is working on the issuance of its own stablecoin.

José Fernández da Ponte indicated that the platform is making all the necessary efforts to be able to advance in this sector, adding that he hopes to carry out different collaborations with regulatory entities.

“We are exploring a stablecoin. If we decide to move forward, we will of course work closely with the relevant regulators,” stressed da Ponte.

The company’s new bet was discovered by developer Steve Moser. When checking the PayPal application he discovered the logo of the new currency, just as he posted it on his Twitter account. Shortly afterwards the company confirmed his finding.

The stablecoin would bear the name of PayPal Coin and its value would maintain parity with that of the US dbollar.

K. Tovar

Source: Descifrado

La entrada Paypal works on the issuance of its own stablecoin apareció primero en Bitfinance.

There are more and more options that Bancamiga offers its customers to facilitate their transactions, after incorporating Movistar postpaid and Inter payments into its mobile application this week.

Through Bancamiga Suite, customers could now recharge the prepaid Movistar, Digitel prepaid, Simple TV and Puro Pago services, as well as the Currency Card.

The process to cancel Movistar postpaid and Inter is very simple and fast. Enter Bancamiga Suite and go to Mobile Payment. The six icons will then appear. Select the one of your interest and proceed to complete the requested information. In the case of the mobile phone company, customers must enter the contract number and the amount to be paid, while for Inter recharge the data that is requested is the identification number.

If it is a prepaid Movistar or prepaid Digitel, establish the amount and the phone number that you are going to recharge, while with Simple TV it incorporates the access card number and the amount. In the case of Puro Pago, specify the identification number and the amount. With the Currency Card you must indicate the Destination Account (CASH or Foreign Currency) and the amount to recharge.

With these new facilities, the banking institution empowers Bancamiga Suite and makes transactions and inquiries more direct, easier and faster.

In addition to the mobile application, customers of the banking institution, a leader in technological innovation, can recharge Movistar, Digitel and Inter, Simple TV and the Foreign Currency Card (virtual and physical) through Internet Banking www.bancamiga.com. They can also do it at the Bancamiga points of sale, where together with recharging Digitel, Movilnet, Movistar, Inter and Simple TV, they can stamp the 5y6 and play El Andinito de la Lotería del Táchira.

With information from Bancamiga

La entrada Bancamiga adds more payment options to its platform apareció primero en Bitfinance.

The use of cryptocurrencies as a financial exchange instrument is limited due to the volatility, cost and speed with which transactions are carried out. However, some technology platforms like PayPal are taking up the challenge and have developed instruments that allow them to offer the services of carrying out transactions with different digital currencies.

In this global framework, the online payment giant PayPal announced its new service that will allow customers to buy, hold and sell cryptocurrencies directly from its platform. In addition, its clients will have the opportunity, starting in 2022, to use their cryptocurrencies as a source of financing to cancel their network of 26 million businesses around the world,” which could increase their utility.

For the president and CEO of PayPal, Dan Schulman, the transformation of physical money into digital forms is inescapable, which has implicit some advantages in terms of financial inclusion, access, efficiency, speed and resilience of the payment system, as well as the “Ability of governments to disburse funds to citizens quickly.”

Schulman admits that the organization’s experience in digital payments, its global reach, as well as its two-way network and the security processes and controls it possesses allow it to better understand, exchange, and interoperate these new financial instruments.

Paypal provides new financial tools for Latin America

Federico Gómez Schumacher, PayPal’s chief executive for Latin America, highlights the importance of the Latin American market for the organization. “It is no secret to anyone that Latin America still has a way to go in terms of adopting digital financial tools, as well as reducing the high levels of informality that persist in their economies.”

That is why the company wants to work and increase its presence in the region and thus contribute and help reduce poverty. Likewise, the organization will offer educational content that allows users to understand the cryptographic ecosystem, as well as its risks and opportunities related to investing in digital currencies and everything related to blockchain technology.

On the other hand, cryptocurrencies will become another source of financing within PayPal’s digital wallet, adding another improved utility for cryptocurrency holders. Merchants will not get any additional integrations or fees as all transactions will be settled in fiat currency at their current PayPal rates.

M. Rodríguez

Source: elaragueno.com.ve

La entrada PayPal offers a cryptocurrency purchase and sale service apareció primero en Bitfinance.

The exchange associated with the stablecoin Tether, Bitfinex, has announced the launch of its new cryptocurrency payment processor called Bitfinex Pay, which is designed for companies and businesses that are interested in receiving payments in digital currency.

The information was released through the official networks of the company, where it is specified that the tool will be managed from a web page where the operation of the platform will be offered in greater detail.

So far it is known that Bitfinex Pay will serve as an application or program integrated into the client’s website, in the best widget style. The advantage is that users will be able to process online payments with currencies such as: bitcoin (BTC) via traditional / lightning network , ethereum (ETH) and tether (USDT), which would go to the linked wallet on Bitfinex.

Paolo Ardoino, the CEO of Bitfinex, has communicated in a report published in CityAM that the main objective of the company is to “confront the established giants in the fields of technology and payments, taking advantage of our knowledge on these issues to bring crypto payments to traditional means.”

Ardoino stated that when it comes to payments with cryptocurrencies “there is a generational change in the way of thinking … The next generation of consumers will be in tune with the new possibilities offered by digital payments.”

K. Villarroel

Source: diariobitcoin

La entrada Bitfinex Pay, the new service that allows payments in crypto apareció primero en Bitfinance.