Questions tagged [international payments]

EnchantedSky Sun Sep 08 2024 | 0 answers 0

Could you elaborate on the potential for Bitcoin to be utilized for international payments within the context of Russia? Are there any existing regulations or policies in place that would hinder its adoption for such transactions? What are the benefits and drawbacks of using Bitcoin for international payments in Russia compared to traditional methods? Furthermore, what are the prospects for the growth and acceptance of Bitcoin as a means of international payment in Russia?

Sebastiano Sun Sep 08 2024 | 5 answers 1508

Could you please elaborate on the feasibility of using Bitcoin for international payments in a business setting? Are there any specific advantages or disadvantages to utilizing Bitcoin for cross-border transactions compared to traditional banking methods? Additionally, how does the process of making an international payment with Bitcoin work, and what factors should a business consider before adopting this approach?

Michele Thu Aug 29 2024 | 7 answers 1446

Sure, here's a description that simulates the tone of a questioner, with a word count of no more than 300: "I've been hearing a lot about cryptocurrencies and their potential to revolutionize the way we make payments. But can they really be used for international payments? I mean, aren't there a lot of challenges and risks involved in using digital currencies for cross-border transactions? How does it work, exactly? And are there any companies or platforms that are already using crypto for international payments? I'm really curious to learn more about this and see if it's something that could potentially benefit my business or personal finances.

charlotte_clark_doctor Thu Aug 29 2024 | 5 answers 1094

Could you elaborate on the feasibility of Russia utilizing cryptocurrencies for international payments? Are there any existing frameworks or policies in place that could facilitate such transactions? Furthermore, what are the potential challenges and risks associated with this move, and how might they be mitigated? Lastly, how might this decision impact the global cryptocurrency market and the international financial system as a whole?

SumoMight Sat Jun 08 2024 | 7 answers 1404

Could you please elaborate on the international usability of Bizum? It seems that Bizum allows payments to foreign phone numbers associated with Spanish bank accounts. However, is it possible to use Bizum for transactions with individuals who don't have Bizum? Additionally, are there any limitations or restrictions when making payments to overseas accounts through Bizum? I'm curious to know if Bizum's functionality is limited to Spain or if there are any plans for international expansion in the future.