Stripe to enable crypto payments [Yahoo! Finance]
Fiserv, Inc. (FISV)
Last fiserv, inc. earnings: 2/4 04:01 pm
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Source: Yahoo! Finance
A collaboration between payment processing giant Stripe and Crypto.com could foreshadow more moves by payment processors to let consumers pay with cryptocurrencies, according to industry consultants. But they caution the speed of cryptocurrency adoption will depend largely on consumer interest. The partnership announced on Tuesday means that users of the Singapore-based cryptocurrency platform — which lets users trade digital assets and pay with cryptocurrencies — will be able to start using their crypto balances this month to pay online at some of Stripe's merchant clients. The announcement by Stripe, which has dual headquarters in Dublin and San Francisco, follows a similar move by digital payments company Block late last year. Oakland, California-based Block announced in November that it had added a Bitcoin map to its Cash App service that lets users find merchants that accept the digital asset, and introduced a feature that lets Cash App users convert dollars to Bitcoin.
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News
- Fiserv (NASDAQ:FISV) was given a new $75.00 price target on by analysts at Stephens.MarketBeat
- Fiserv (NASDAQ:FISV) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Fiserv (NASDAQ:FISV) had its price target lowered by analysts at TD Cowen from $80.00 to $77.00. They now have a "hold" rating on the stock.MarketBeat
- FISERV ALERT: Bragar Eagel & Squire, P.C. is Investigating Fiserv, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- Worst Financials Sector Stocks As Earnings Ramp Up [Seeking Alpha]Seeking Alpha