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 accepted in the European Union as a payment option for charging electric vehicles. This assumption happened amid ETH’s logo 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 charging stations. The former is a Swedish firm specializing in EV charging sites, while the latter is an Irish mobile payment and e-commerce solutions, provider. Both companies aim to equip payment systems of cryptocurrencies to 50,000 electric car charging stations throughout the European Union.

Payments using cryptocurrency will be integrated with the platform Vourity. In addition, it can 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, and 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 for the beta rollout in November.

The Irish firm said that both, including the governing Merchant Token, have a solution that presents protection concepts. It came from the traditional card payment industry to the blockchain of Ethereum.

Blockchain.com New Interface

Meanwhile, Blockchain.com, a significant crypto wallet provider, announced the integration of 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 Blockchain.com’s 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. The 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. Besides, the company sold over one million domain names devised as Non-Fungible Tokens on the Ethereum blockchain.

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