Philippines’s payments solutions firm SALPay partners with Unionbank to develop blockchain wallet; raises US$7M via ICO

Sainul Abudheen K, writing for e27;

Payroll solutions company Salarium Payments (SALPay) has partnered with Unionbank of the Philippines to use the latter’s digital banking platform EON to develop its blockchain wallet SALPay 3.0.

SALPay will create a co-branded Visa card programme connected to the wallet.

And;

SALPay is currently in the process of raising US$20 million via initial coin offering (ICO). With just three days left, the company has already raised around US$7.1 million.

It’s just a matter of time before financial institutions uses blockchain technology with their respective platform. Since blockchain have been proven to be a secured and effective way of recording transactions.

Stripe adds support for Alipay and WeChat Pay, China’s top digital payment services

Jon Russell, reporting for TechCrunch;

U.S. firm Stripe said today that it has agreed to global deals with Alipay and WeChat Pay, two digital services that dominate consumer spending in China. Alipay, which is managed by Alibaba affiliate firm Ant Financial, counts over 500 million users, while WeChat Pay — the digital payment feature within China’s top chat app WeChat — claims more than 600 million users.

You can read the full text of Stripe’s announcement from the company’s blog section.

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