Celebrating India’s independence, enterprise and progress
news

INTRODUCING VELO'S LATEST INNOVATION: ORBIT - TODAY'S CURRENT STANDARD OF PAYMENTS

Jan 9, 2024 · Source: cision

BANGKOK, Jan. 9, 2024 -- Velo, one of the many pioneers in Blockchain-Based Web3 Finance, is proud to announce its groundbreaking product, Orbit. It is an innovative platform bound to be the new standard of payments for merchants conducting business — providing a simple, secure, and quick payment solution that bridges the gap between Web3 and Web2, all powered by Velo.

Orbit is not just another payment platform but the new standard of payments. With real-time conversion capabilities of Crypto to Fiat/stablecoin, merchants will have access to a cutting-edge payment solution designed to simplify transactions with a reach of a broader demographic.

At the heart of Orbit is its built-in blockchain system, enabling merchants to harness the power of stablecoins and offering a seamless off-ramp to local currency via the Velo network. This means that all you need is a QR code to join the new standard of payments.

Orbit offers lower rates than traditional credit card systems, making it an attractive choice for everyone, from street vendors to shopping malls. With an extensive network and an inclusive approach, Orbit is available to all, ensuring that businesses of all sizes can benefit from its features.

In addition to its exceptional payment capabilities, Orbit doesn't stop at payments; it offers a robust API that connects online and offline merchants, allowing for an integrated and versatile approach to business operations.

Orbit's user-friendly dashboard ensures that merchants from all walks of life can easily navigate the platform, while transparent fees provide peace of mind. The intuitive design makes it effortless to manage and track business performance.

Velo's Orbit is set to reshape the payment landscape, offering a brighter future for merchants and consumers alike. With its commitment to innovation, security, and simplicity. Orbit is poised to become the go-to choice for forward-thinking businesses.

About Velo Lab:

Velo Labs' mission is to build a Web3-based liquidity and settlement network that allows partners to safely and securely transfer value between each other with a fully integrated universal payment network powered by the Velo Protocol. Backed by Stellar Network and CP Group, Velo Labs serves Southeast and Pacific partners. Velo Labs' vision is to complement and connect the existing banking infrastructure to the Web3. Velo's established and expansive Web3-based payment network and Lightnet its licensed partnered settlement network, position it as one of the few blockchain projects with a clear path toward mass adoption. Velo leads in blockchain mass adoption, offering a wide range of Web3-based products tailored to diverse demographic segments, including individuals, merchants, corporations, and businesses. With several significant products already in their portfolio and additional releases on the horizon, Velo is dedicated to bridging businesses with global funds and expanding accessibility for individuals worldwide.

Follow us for more info: Twitter / Telegram

Cision View original content:https://www.prnewswire.co.uk/news-releases/introducing-velos-latest-innovation-orbit---todays-current-standard-of-payments-302029710.html

Comments (0)

Login to join the conversation

Login / Register

No comments yet. Be the first to comment!

More to Read

TestMu AI Unveils the Fifth Edition of the TestMu Conference in 2026 news
Aug 14, 2026 1 min

TestMu AI Unveils the Fifth Edition of the TestMu Conference in 2026

The world s largest virtual agentic engineering and quality conference returns with a focus on autonomous quality, agentic workflows, and AI-native testing strategies SAN FRANCISCO and NOIDA, India , Aug. 14, 2026 -- TestMu AI (formerly LambdaTest), the world s first Agentic AI-powered Quality Engineering platform, is excited to unveil the 5th edition of its flagship TestMu Conference, taking place virtually from August 19 21, 2026. This year s event is expected to host over 75,000 developers, builders, and quality engineers from more than 120 countries, making it the world s largest virtual conference dedicated to agentic engineering and quality.

Michael Owen Joins ehamarkets as Global Brand Ambassador news
Aug 14, 2026 1 min

Michael Owen Joins ehamarkets as Global Brand Ambassador

HONG KONG and NEW YORK , Aug. 14, 2026 -- ehamarkets today announced a global brand partnership with England football legend and 2001 Ballon d Or winner Michael Owen, who has joined the brand as its Global Brand Ambassador. Owen said he was drawn to ehamarkets focus on technology, reliability and a simpler trading experience. I m delighted to join ehamarkets as its Global Brand Ambassador. I like the way ehamarkets uses technology to make trading simpler and more efficient. It s exciting to be part of a brand that is building a modern trading experience for people around the world.

RemotePeople Completes 2026 SOC 2 Type II Audit Across Security, Availability, and Confidentiality news
Aug 14, 2026 1 min

RemotePeople Completes 2026 SOC 2 Type II Audit Across Security, Availability, and Confidentiality

The New York-headquartered global Employer of Record renews its SOC 2 Type II attestation for a full 12-month period, adding to its ISO 27001 and GDPR certifications and its recent A+ platform security rating from Astra Security. NEW YORK , Aug. 14, 2026 -- RemotePeople, a global provider of Employer of Record (EOR), payroll, and recruitment services operating in more than 150 countries, today announced the successful completion of its 2026 SOC 2 Type II audit , covering the Security, Availability, and Confidentiality Trust Service Criteria. The independent examination was performed by INTERCERT CPA LLC in accordance with AICPA SSAE 21 attestation standards and covered a continuous 12-month observation period from May 31, 2025 to May 30, 2026.

Bybit TradFi Perpetuals Extend 24/7 Exposure to Over 200 Global Equities and Pre-IPO Assets news
Aug 14, 2026 1 min

Bybit TradFi Perpetuals Extend 24/7 Exposure to Over 200 Global Equities and Pre-IPO Assets

DUBAI, UAE , Aug. 14, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, is pleased to announce TradFi Perpetual Contracts now offer over 200 curated TradFi-themed listings , marking one of the highest quality coverage of TradFi derivatives exposure available on a crypto-native platform. The lineup now spans equities, ETFs, precious metals, indices, and oil, with coverage extending across premium US, Hong Kong, South Korean and other equities markets.

Deeper Insights, Better Analytics: Bybit Options Close the Data Gap Between Retail and Institutional Traders news
Aug 14, 2026 1 min

Deeper Insights, Better Analytics: Bybit Options Close the Data Gap Between Retail and Institutional Traders

DUBAI, UAE , Aug. 14, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, announced a major upgrade to its Options Data section, introducing a suite of institutional-grade analytics to provide traders with a clearer view of volatility, positioning, and market structure. The redesigned page integrates institutional-grade analytics with a cleaner, more accessible interface for all users. Options trading has been gaining popularity among digital asset derivatives traders, as they increasingly move beyond simple long or short positions to alternative strategies that account for volatility, time decay, and risk management. Options give traders the right, but not the obligation, to buy or sell an asset at a set price before a set date.

Hippocratic AI Unveils Agentic Orchestrators: NYSE Content Update news
Aug 14, 2026 1 min

Hippocratic AI Unveils Agentic Orchestrators: NYSE Content Update

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK , Aug. 14, 2026 -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today s NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on August 14th Hippocratic AI says it s announced the next generation of healthcare AI Agentic orchestrators feature teams of conversational voice AI agents focused on delivering outcomes. Co-founder and CEO Munjal Shah will join NYSE Live to take viewers through how the new product works. Renewable energy construction company SunScout to celebrate its dual listing SunScout (NYSE American: SNSC) began trading on NYSE American and NYSE Texas earlier this week. CEO Edwin Cywinski and COO Mark Cywinski will join NYSE Live to discuss the milestone. The S&P 500 will look to build off Thursday s record close. The large-cap index surpassed 7,800 for the first time during Thursday s session. Investors are parsing through July U.S. retail sales data.

Binance Research: Gen Z Leads Net Accumulation Across Every TradFi Product news
Aug 14, 2026 1 min

Binance Research: Gen Z Leads Net Accumulation Across Every TradFi Product

New commentary finds 77% of Gen Z direct-equity accounts are net buyers, with 76% accumulating in bStocks, the highest share of any generation. MUMBAI, India , Aug. 14, 2026 -- Binance Research , the market research arm of the world s largest cryptocurrency exchange Binance , has recently published a new weekly market commentary titled Gen Z Perspective Rewrite . The report examines how Gen Z users behave across three TradFi products, namely, direct equities, bStocks, and TradFi-Perps, and finds behavior that is more disciplined and allocation-oriented than common assumptions suggest.

Bitmine Immersion Technologies Announces Record and Payment Dates for Cash Dividends on 9.50% Series A Perpetual Preferred Stock news
Aug 14, 2026 1 min

Bitmine Immersion Technologies Announces Record and Payment Dates for Cash Dividends on 9.50% Series A Perpetual Preferred Stock

NORWALK, Conn. , Aug. 14, 2026 -- (NYSE: BMNR; BMNP) Bitmine Immersion Technologies, Inc. ( Bitmine or the Company ) announced today that its Board of Directors has declared seventeen cash dividends on the Company s 9.50% Series A Perpetual Preferred Stock (the Series A Preferred Stock ), which is listed on the New York Stock Exchange under the trading symbol BMNP . The dividends will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The record dates, payment dates, and per-share amounts for each dividend are set forth below: