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When Pain Points in Cross-Border Payment Brings Payment Changes, How Can Hypercard Lead the Trend

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5 years ago

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Throughout the evolving history of global cross-border payment, cross-border payment is rising with the continuous development of the international division of labor and international exchanges. In the early days, people use precious metals for cross-border payment and clearing, then followed by paper money, and today’s modern electronic transfer and clearing. Cross-border payment is developing gradually towards a  rapid, safe and economical trend as the entire international community is engaging in the activities more frequently and science and technology are changing and progressing.

The change of cross-border payment

According to the data, the total amount of global cross-border payment reached $125 trillion in 2018 and is expected to reach $218 trillion in 2022, promising huge profits.

In the existing transfer and remittance system, the transaction is slow and the cost is high with much margin for error; institutions have to coordinate the value transfer between different internal databases, which makes it extremely difficult to settle transactions quickly. This process not only slows down the transaction progress but also requires large working capital, which has a negative impact on the balance sheet of the institution.

As cryptoassets are gradually accepted by traditional finance, digital currency payment is also implementing and applying quickly. The competition around digital currency has just begun across the globe. In 2019, the emergence of Libra has triggered the catfish effect, and legal currency is discussed more enthusiastically all over the world. Countries have taken precautions and speeded up the research on sovereign digital currency. Even the European Central Bank, which did not seem interested before, recently began to discuss the necessity of developing a unified digital currency. According to a report released by the International Monetary Fund in July of the same year, nearly 70% of the world’s central banks are studying sovereign digital currency.

Some fear that Libra may become a strong currency once in circulation. It can be exchanged with the currencies of countries and erodes the fiat currency. If the weak countries make mistakes in regulation, hyperinflation or even de-monetization will likely happen. In the past, a typical example is Zimbabwe who abolished its local currency and was forced to use the US dollar and other currencies.

Traditional payment giants are  fostering digital currency payment

Bitcoin was born to destroy the existing monetary system, which many people think is too expensive and exclusive. Given this, it has a much broader value proposition than a deflationary policy and a hard cap of 21 million coins. The new application of blockchain technology also allows anyone to remit money to counterparties around the world in minutes at a low cost.

This function makes bitcoin directly target the existing payment platforms (such as credit card networks and inter-bank messaging systems). While some companies shrug off these concerns, others see the potential and are looking for ways to create value for partners and shareholders.

According to news on February 20, Visa, an international payment giant, has cooperated with 35 leading digital currency platforms or digital wallets.

These institutions are digital currency platforms licensed by the state or regulated by relevant departments, such as the digital payment platform WireX, the digital currency trading platform Coinbase and Fold, cryptoasset lending platform BlockFi, Austria encryption trading platform Bitpanda, Encrypted debit card platform Crypto.com, etc.

Industry insiders said that the cooperation between Visa and digital currency service providers enables consumers to exchange digital currency more quickly and easily. Users can also deposit this money into their Visa certificates in real-time.

When asked why Visa chose the cryptoasset payment, Visa’s executives clearly expressed their optimism about the payment method in his talks with Forbes: “we saw significant innovation in new financial services for consumers holding digital currency. One example is the growth in demand for digital money lending. We are delighted to work with fintech companies like Cred. The company develops new products in this ecosystem and finds new ways for Visa to improve the entrance of fiat currency associated with these products. “

At present, in addition to Visa, MasterCard, Paypal and other international payment tycoons are also fostering digital currency.

Recently, MasterCard stated that it has cooperated with the Central Bank of The Bahamas to launch the world’s first Bahamas prepaid card. The prepaid card allows people to immediately exchange digital currency into traditional Bahamas dollars and pay for goods and services anywhere MasterCard supports. PayPal also claimed to provide cryptocurrency services to the UK market in the coming months.

Cryptoasset service providers speed up the participation in payment

Not only the traditional payment giants are paying attention to cryptoassets payment, but also the asset service providers in the encryption industry are exploring the possibility of payment. HyperBC, a well-known encrypted asset service provider, has launched a comprehensive consumer card HyperCard. After being deposited with digital currency, the card is available in more than 176 countries and more than 50 million merchants worldwide.

As a global standard credit card, HyperCard supports the binding consumption with third-party payment companies by users

Every payment made by HyperCard is secure and consumer privacy is protected by law. HyperCard can transfer money beyond the geographical limit in a second at a low commission, yet with  24/7 service. It is traceable with clear information of all parties. No matter which city you are in, you can use it at all merchants accepting Visa, Master and UnionPay.

In fact, in addition to payment, the most intuitive appealing of digital currency credit cards is it makes encrypted assets purchasing easy and cash out of cryptoassets. In this context, digital currency payment is still a very new track, and the choice of such products is still limited. The main problems are as follows:

1. Only single-currency payment is supported, such as bitcoin

2. Only available in a small number of areas

3. Users have to buy cryptocurrency issued by the card providers before paying

4. Charge a certain percentage of the annual fee

HyperBC also takes this situation into consideration. It is convenient to apply for HyperCard.  The digital currency, deposited into HyperCard, can be exchanged into fiat currency in real-time, eliminating the tedious process and the trouble of cash payment, and significantly improving the user-friendliness of digital currency. HyperCard does not charge for KYC verification and only charges a very low commission for each deposit.

How to apply for HyperCard?

a Download the HyperPay App（https://www.hyperpay.tech/app_down） and register
b Apply for HyperCard

c Submit KYC documents and pass the certification

d HyperCard received

Conclusion

With the rapid development of digital currency and the increasing global acceptance of digital currency, the boundary between fiat currency and digital currency will become narrower. At the same time, digital currency credit card reduces the threshold for traditional users to access digital currency. The selective digital currency assets also avoid their risk in holding digital currency to a certain extent, Whether for investment, quick cash-out, or regular consumption, HyperCard, as a mature digital currency credit card, can enable cardholders to enjoy more convenient services.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

CloudBasedBackup Introduces Annual Subscription Plans for Managed Nextcloud Hosting

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1 hour ago

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May 6, 2026

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CloudBasedBackup, a Luxembourg-based managed Nextcloud hosting provider, has launched annual subscription plans with 50% off for the first year, bringing its 500 GB plan to just €2.45 per month. The offering positions Nextcloud as a full alternative to Google Workspace or Office 365, combining secure file storage, collaboration tools, and workflow automation in one privacy-first workspace. The launch discount is available at cloudbasedbackup.com/en/pricing.

Luxembourg, 6th May 2026 – CloudBasedBackup, the managed Nextcloud hosting provider built for privacy-focused teams and individuals, today announced the launch of its new annual plans. The provider will surprise customers by offering 50% off for the first year on yearly subscriptions, thus bringing its popular 500 GB plan to only €2.45 per month for the first year.

With data privacy and control becoming a top priority for organizations across Europe and beyond, CloudBasedBackup positions its managed Nextcloud offering as a secure, flexible cloud solution that combines storage, collaboration, and productivity in one place.

“Nextcloud is often thought of as cloud storage, but it’s much more than that,” said a spokesperson for CloudBasedBackup. “Our managed Nextclouds include a wide range of apps and collaboration features that can fully replace the day-to-day functionality many teams rely on from Office 365 or Google Workspace, while keeping control of data and reducing vendor lock-in.”

CloudBasedBackup’s managed Nextcloud hosting is designed to make it easy to deploy and maintain a powerful cloud workspace without the administrative overhead. Alongside secure file storage and sharing, customers can enable apps for collaboration and productivity, including tools that support document work, communication, and workflow automation.

The 50% discount applies to annual plans for the first year, including the 500 GB plan at €2.45/month (first year). Customers can view plans and secure a subscription at: https://cloudbasedbackup.com/en/pricing

About CloudBasedBackup
CloudBasedBackup provides managed Nextcloud hosting for organizations and individuals who want a secure, privacy-first cloud solution with automatic backups, collaboration tools, and simple administration. The platform helps customers consolidate storage and productivity workflows into a single flexible workspace without compromising data control.

Media Contact

Organization: CloudBased Backup

Contact Person: Marc Schiwek

Website: https://cloudbasedbackup.com/en

Email: Send Email

Country:Luxembourg

Release id:44376

The post CloudBasedBackup Introduces Annual Subscription Plans for Managed Nextcloud Hosting appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Outta PHX Print Shop Expands Production with New Five-Printhead Industrial Printer DTF System

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1 hour ago

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May 6, 2026

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United States, 6th May 2026 — Outta PHX Print Shop, a leading production facility for DTF transfers and custom apparel in Arizona, has installed a new industrial five-printhead Direct-to-Film (DTF) printing system—significantly increasing output capacity and reducing turnaround times for high-volume orders.

This latest investment allows the North Phoenix-based print shop to double its production capacity while maintaining consistent, high-quality results across all orders. The new system supports large-format DTF printing up to 24 inches wide and improves efficiency across gang sheet production, bulk apparel orders, and same-day service requests.

With the upgraded system, production times have been reduced by approximately 50%, enabling faster fulfillment for local Phoenix clients and nationwide customers ordering through Outta PHX’s online platform.

“This isn’t just an upgrade—it’s a shift in how fast we can deliver at scale,” said Bashar Dababneh, Owner of Outta PHX Print Shop. “We built our reputation on quality, and now we’re matching that with speed and capacity that most local shops simply can’t compete with.”

The expanded production capabilities position Outta PHX Print Shop as a go-to provider for:

The company continues to serve a wide range of clients, including local businesses, clothing brands, schools, sports teams, and promotional product distributors, while also supporting nationwide shipping for custom orders.

About Outta PHX Print Shop

Outta PHX Print Shop specializes in Direct-to-Film (DTF) transfers, DTF gang sheets, UV printing, Sublimation and premium custom apparel production. Based in North Phoenix, Arizona, the company offers fast local pickup and reliable nationwide shipping through its e-commerce platform.

Media Contact

Organization: Outta PHX Print Shop

Contact Person: Brian

Website: https://outtaphx.com

Email: Send Email

Contact Number: +16027023480

Address:420 E Bell Rd, Suite #7 Phoenix, AZ 85022

Country:United States

Release id:44755

The post Outta PHX Print Shop Expands Production with New Five-Printhead Industrial Printer DTF System appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

$300M+ Condominium Tower Planned to Transform Downtown Los Angeles Skyline

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1 hour ago

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May 6, 2026

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Los Angeles, United States, 6th May 2026 — TM Group, led by founder Temirlan Tokobekov, announced plans for a major real estate development in Downtown Los Angeles with a total projected investment exceeding $300 million. The project marks a strategic step in the company’s expansion into the United States and reflects its ambition to deliver high-impact developments in globally competitive urban markets.

The development will feature an iconic 55+ story condominium tower, designed to redefine the city’s skyline and establish a new benchmark for high-rise residential living. As demand for premium condominium residences continues to rise in major metropolitan areas, the project is positioned to meet evolving buyer expectations by combining location, design, and functionality into a single integrated offering.

Located at 613 S Grand Ave, the tower is planned to include 300+ condominium residences, complemented by ground-floor commercial space and a curated selection of high-end amenities. These are expected to include wellness and fitness facilities, premium resident services, and lifestyle-oriented spaces designed to enhance the overall residential experience.

The project is conceived as a fully integrated mixed-use environment, bringing together residential, commercial, and lifestyle components to create a dynamic urban destination. Its central location provides direct access to key business districts, cultural institutions, transportation networks, and entertainment hubs, positioning the development to attract both local and international buyers.

The architectural vision emphasizes modern design, efficient use of vertical space, and advanced engineering systems. Sustainability will also play a central role, with environmentally responsible building practices and energy-efficient technologies aligned with current standards and market expectations. The development aims to deliver long-term value while establishing a distinctive presence in the Downtown Los Angeles skyline.

“We don’t follow the market — we shape it. Los Angeles is the next step,” said Temirlan Tokobekov, Founder of TM Group.

The project is currently in the pre-development phase, including architectural planning, feasibility analysis, financial structuring, and coordination with city authorities and consultants. As the development progresses through entitlement and approval stages, additional updates are expected, including design unveilings and project timelines.

Upon completion, the project is expected to generate significant economic impact, including job creation, increased investment activity, and enhanced urban infrastructure. The development is positioned to become a key addition to the evolving landscape of Downtown Los Angeles.

About TM Group

TM Group is a real estate development and investment company focused on large-scale residential and mixed-use projects, delivering high-quality developments across international markets.

Media Contact

Organization: TM Group

Contact Person: Tim

Website: https://tmgroup-ca.com

Email: Send Email

City: Los Angeles

Country:United States

Release id:44754

The post $300M+ Condominium Tower Planned to Transform Downtown Los Angeles Skyline appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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