merchants
Coverage of merchants in the Nexus archive.
- Rain CEO says stablecoin payments reach more than 100,000 merchants without them knowing it
The CEO of Rain stated that stablecoin payments are rapidly expanding in adoption. These payment methods have reportedly reached more than 100,000 merchants.
- Crypto payments barely register among euro area merchants, ECB finds
An analysis by the ECB found that crypto acceptance among euro area merchants is low, registering at only 0.2% online and remaining below 1% at physical points of sale. The report noted, however, that mobile payments are successfully gaining ground.
- Wildberries Freezes Loan Repayments for Merchants After Drone Strikes
Wildberries has paused loan repayments for merchants for three months following drone strikes. The payment freeze is automatic via the company's in-house financial services and will last until the end of October.
- L.A. says bike lanes on Pico Boulevard would boost safety. Merchants fear fallout
The Los Angeles Department of Transportation proposes adding bike lanes to Pico Boulevard to enhance safety for pedestrians and cyclists, but the plan would eliminate 228 parking spots, causing concern among local merchants.
- L.A. says bike lanes on Pico Boulevard would boost safety. Merchants fear fallout
The Los Angeles Department of Transportation plans to add bike lanes on Pico Boulevard to enhance safety for pedestrians, bicyclists, and drivers, but this will remove 228 parking spots. Local merchants are concerned about the potential negative impact from these changes.
- Amid economic crisis in the West Bank, Eid al-Adha is more observed than celebrated
Israel's withholding of Palestinian Authority tax revenues for over a year has left West Bank public sector workers unpaid ahead of Eid al-Adha, leading to subdued celebrations and empty markets as merchants report economic hardship.
- ECB signs standards deals to cut digital euro integration costs
The European Central Bank (ECB) signed agreements with three standards bodies to reuse open payment standards for the digital euro, aiming to reduce integration costs for banks and merchants. This collaboration is intended to streamline the adoption of the digital euro by leveraging existing frameworks.