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ARTICLE · 06 JANUARY 2020

Crypto Payment Gateways Announced, Multimillion-Dollar Property Sold For Bitcoin

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Lolli, a company that lets online shoppers earn bitcoin in lieu of regular cash-back points, recently announced a new partnership with a major Chinese online commerce entity

United StatesTechnology
Joanna Wasick
Joanna Wasick
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Lolli, a company that lets online shoppers earn bitcoin in lieu of regular cash-back points, recently announced a new partnership with a major Chinese online commerce entity. Lolli users can now earn up to 5 percent bitcoin when shopping on the site. The announcement was made on Nov. 11 – Singles' Day, a shopping holiday popular among young Chinese consumers.

According to a press release, a major European payments firm has signed a letter of intent with "Bitcoin Suisse, the oldest and largest crypto financial-services company in Switzerland ... to offer cryptocurrency payment services to Swiss merchants and consumers both in-store and in web-shops." In more news from Switzerland, Utrust, a Swiss-based cryptocurrency payment and services platform, announced this week that it was partnering with a United Kingdom-based online travel agency to enable its customers to purchase flights on several major airlines using cryptocurrency.

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