Ethereum to be Accepted in EU’s EV Charging Sites

Ethereum to be Accepted in EU’s EV Charging Sites

Ethereum will be one of the cryptocurrencies that will be accepted in the European Union as a payment option in charging electric vehicles.

This was signaled as ETH’s logo was displayed in the region’s payment terminal.

On Friday, June 25, Vourity and Hips Payment Group Ltd. announced their collaboration to incorporate crypto payments with electric vehicle’s charging stations

The former is a Swedish firm that specializes in EV charging sites while the latter is an Irish mobile payment and e-commerce solutions provider.

Both companies’ goal is to equip payment systems of cryptocurrencies to 50,000 electric car charging stations throughout the European Union.

Payments using cryptocurrency will be totally integrated with the platform of Vourity.

This will be able to link straight to the blockchain via Hips Merchant Protocol’s native process token Merchant Token in November 2021.

As of the moment, the Vourity platform is allowing EV users to pay for charging by making use of the routine open payment approaches.

This includes charge cards like Visa and Mastercard, Apple Pay, Google Pay, Swish as well as Bluecode.

The Swedish company’s collaboration with the Irish mobile payment provider will widen client payment processing choices.

Also, it will promote the use of digital assets as a feasible and available alternative.

Recently, Hips Payment Group stated that it closed a deal with The Payment House in a bid to allow crypto payment in over 20,000 taxis in Scandinavia and 10,000 in the UK.

Hips Merchant Protocol and its Merchant Gateway will be used over Ethereum the beta roll out in November.

The Irish firm said that both, including the governing Merchant Token, is a solution that presents protection concepts.

This was from the traditional card payment industry to the blockchain of Ethereum.

Blockchain.com New Interface

Meanwhile, Blockchain.com which is a major crypto wallet provider announced to integrate Unstoppable Domains to simplify digital asset funds for its users.

On Thursday, the latter stated that it had incorporated native support for the former.

This enables the 32 million verified users of Blockchain.com to send cryptos such as Bitcoin and Ethereum using a username instead of a full-length crypto wallet address.

This collaboration aims to eradicate the risk of human error when sending funds.

In addition, targets to simplify the transactions between the customers of Blockchain.com and over 50 other wallets and exchanges supported by Unstoppable Domains.

This includes Coinbase wallet and MyEtherWallet.

The news came out amid Unstoppable Domains reaching its major milestone.

The company sold over one million domain names that are devised as Non Fungible Tokens on the Ethereum blockchain.

These domains with a .crypto extension alongside sending and receiving funds are used to make decentralized websites in publishing content and accessing Web3.

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