Learning the friendly way

Kryptovärlden är sällan förutsägbar, och 2024 har inte gjort någon besviken. En ny kategori har snabbt seglat upp i rampljuset: PolitiFi – politiskt inspirerade memecoins. Med en tillväxt på otroliga 782,4 % på bara åtta månader har dessa tokens lyckats få nästan lika mycket uppmärksamhet som själva valet.

Som jämförelse lyckades mer “traditionella” memecoins bara växa med 90,2 % under samma period. Oavsett politisk åsikt är en sak tydlig: det är aldrig tråkigt i kryptobranschen.

Vad är PolitiFi?

PolitiFi-tokens är memecoins som hämtar inspiration från kända politiska personer och händelser – ofta med en dos ironi eller satir. De allra flesta är dock inte officiellt kopplade till några riktiga politiker. Likt andra memecoins drivs deras värde framför allt av spekulation, community-engagemang och vad som för tillfället trendar i nyhetsflödet.

Från noll till 2,1 miljarder dollar

Det som började som en nischad blandning av politik och krypto har snabbt vuxit till en marknad värd 2,1 miljarder dollar (november 2024). Även om det bara utgör cirka 1,77 % av hela memecoin-marknaden visar PolitiFis snabba tillväxt hur snabbt nya kryptoteman kan fånga uppmärksamhet – och kapital.

När politik möter blockkedjan

Det som skiljer PolitiFi från andra tokens är dess snabba reaktion på verkliga politiska händelser. När Donald Trump vann de republikanska primärvalen i Iowa i januari, steg exempelvis MAGA (TRUMP) med 79,1 % – på ett enda dygn.

Liknande rörelser har setts vid allt från rättsfall till hälsorelaterade nyheter. När Joe Biden fick covid-19 föll Jeo Boden (BODEN) med 27,3 %, medan ett attentatsförsök mot Trump fick MAGA (TRUMP) att rusa uppåt med 41,2 %.

Från skämt till ett nytt ekosystem

Även om många PolitiFi-coins började som skämt har vissa utvecklats till något mer. MAGA (TRUMP) är ett exempel där en del av transaktionsavgifterna går direkt till Trumps Ethereum-plånbok och relaterade välgörenhetsorganisationer – ett nytt, om än ovanligt, sätt att kombinera krypto med politisk finansiering.

Kan PolitiFi vara en ny form av politiskt uttryck?

Om detta är en tillfällig trend eller början på ett nytt sätt att engagera sig politiskt återstår att se. Men just nu erbjuder PolitiFi ett nytt sätt att kombinera finansiell spekulation, politiska åsikter och gräsrotsfinansiering – ofta initierat direkt av communityn.

I takt med att digital ekonomi, samhällsengagemang och politisk aktivism allt mer smälter samman, kan dessa tokens peka på en ny era av politiskt deltagande. Om det här är nästa stora grej eller bara ännu ett kapitel i kryptons färgstarka historia – det återstår att se.

Men en sak är säker: i kryptovärlden är det oväntade snarare regel än undantag. Och just det gör det hela så fascinerande.

The way money moves is changing fast: digital currencies have evolved from investment assets to practical tools for daily transactions. With big names like Microsoft, AT&T, and Starbucks now accepting crypto payments, mainstream acceptance is officially on the rise.

Why businesses are making the switch

Financial efficiency

Traditional payment systems often have drawbacks: high fees, processing delays, and complicated international transfers. Cryptocurrency helps solve these issues by offering:

• Near-instant settlement times
• Minimal transaction fees, especially for cross-border payments
• No currency conversion costs
• Reduced operational overhead

Enhanced security architecture

The underlying blockchain technology provides businesses with unprecedented security benefits:

• Immutable transaction records
• Distributed verification systems
• Protection against unauthorised reversals
• Reduced risk of payment fraud

Market expansion opportunities

By accepting cryptocurrency, businesses can:

• Tap into the growing crypto-native consumer base
• Reach underbanked populations globally
• Operate in international markets without traditional banking constraints
• Appeal to privacy-conscious customers

Implementation guide: accepting crypto payments

Step 1: Choose your integration method

• Direct wallet-to-wallet transfers
• Payment processor integration
• Hybrid solutions with automatic conversion to fiat

Step 2: Set up your infrastructure

• Create business cryptocurrency wallets
• Implement QR code generation systems
• Establish transaction verification protocols
• Train staff on handling crypto payments

Step 3: Customer experience design

• Clear payment instructions at checkout
• Multiple cryptocurrency options
• Transparent fee structure
• Real-time exchange rate display

With Tap’s Business Accounts we will assign a dedicated account manager to you who will run you through each of these steps making the transition incredibly smooth. 

Strategic advantages

Risk management

• Protection against chargebacks
• Reduced exposure to payment fraud
• Built-in transaction verification
• Immutable payment records

Operational benefits

• Automated payment processing
• Reduced administrative overhead
• Simplified international transactions
• Real-time settlement

Financial planning

• Potential tax advantages (varies by jurisdiction)
• Inflation hedge through crypto assets
• Reduced payment processing costs
• New revenue stream opportunities

Customer transaction process

1. Selection: Customer chooses cryptocurrency payment option
2. Verification: System generates unique payment address or QR code
3. Transfer: Customer initiates payment from their digital wallet
4. Confirmation: Transaction is verified on the blockchain
5. Completion: Payment is settled and order is processed

Future-proofing your business

The adoption of cryptocurrency payments isn't just about staying current - it's about preparing for a future where digital currencies play an increasingly important role in global commerce. Businesses that integrate these payment systems now gain:

• First-mover advantage in their market
• Experience with blockchain technology
• Enhanced appeal to tech-savvy customers
• Operational flexibility for future expansion

Privacy and transparency balance

One of cryptocurrency's unique features is its ability to provide both privacy and transparency simultaneously:

• Transactions are publicly recorded but pseudonymous
• Customer personal data isn't required for processing
• Audit trails are automatically maintained
• Regulatory compliance is simplified through built-in tracking

Looking ahead

The crypto revolution isn't just changing how we think about money – it's transforming how businesses operate. Forward-thinking companies integrating digital currencies are doing more than just adding another payment option; they're positioning themselves at the cutting edge of a new financial era.

Think of cryptocurrency adoption like the early days of e-commerce. What seemed optional in the late '90s quickly became essential for survival. We're seeing similar patterns with digital currencies, where early adopters are gaining valuable experience and competitive advantages while others play catch-up.

The real power of crypto payments extends far beyond transactions. They're unlocking new business models, breaking down international barriers, and offering unprecedented financial flexibility. For businesses eyeing global expansion or looking to reduce transaction costs, crypto isn't just an alternative – it's becoming a strategic imperative.

The decision to accept cryptocurrency payments should be based on your business's specific needs and goals. But let's be practical: timing matters. Your business's unique circumstances – market position, customer base, technical capabilities – should guide your implementation strategy. While the question of adoption is shifting from "if" to "when," rushing in without proper preparation could do more harm than good.

Smart implementation means integrating crypto alongside your existing payment infrastructure. Think of it as expanding your payment ecosystem rather than replacing it. Your customers should have choices, whether they're crypto enthusiasts or prefer traditional payment methods to ensure maximum customer accessibility and business flexibility.

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Let's talk about cryptocurrency payments in plain and simple English: think of crypto as digital money that works over the internet. With more than 420 million people already using it worldwide, and big companies like Microsoft and Starbucks now accepting it as payment - crypto has officially landed in the mainstream. 

Why people love using crypto for payments

It's cheaper to use

Remember the last time you sent money abroad? Those fees probably weren't fun. Crypto usually costs much less to send, whether you're paying someone across the street or across the world.

It's super fast

With regular bank transfers, you might wait days for your money to arrive. With crypto, payments usually go through in minutes. It's like sending an email instead of waiting for a letter in the mail.

It's really safe

Crypto uses a special technology called blockchain that makes it very hard for anyone to cheat or steal. Think of it like a digital safe that keeps getting stronger every time someone uses it.

It works everywhere

Crypto doesn't care about country borders. You can pay anyone, anywhere, anytime. No need to worry about different currencies or bank holidays.

The numbers that matter

More businesses are jumping on board every day. In 2021, people used crypto for over $754 million worth of payments, with this number growing by roughly 17% each year. As more businesses incorporate crypto into their payment systems, they have found more customers making larger checkouts. 

How to pay with crypto (it's easier than you think)

1. Pick crypto at checkout: Just like choosing credit card or PayPal
2. Scan or copy: Use your phone to scan a QR code or copy a payment address
3. Send your payment: Click to send from your digital wallet
4. Wait a minute: Your payment gets confirmed quickly
5. You're done: The store gets their payment, and you get your stuff

Advantages of using crypto

For shoppers:

• Your personal information stays private
• No one can steal your card details
• Payments go through quickly
• Works the same way everywhere in the world

For businesses:

• Get paid faster
• Spend less money on processing fees
• Reach customers everywhere
• No worries about fake payments

Is it hard to start using crypto?

Not at all! If you can use a smartphone app, you can use crypto. Here's what you need:

1. Get a digital wallet (it's like having a banking app)
2. Buy some crypto, Bitcoin is often a good place to start
3. Start paying at places that accept it

Looking to the future

More and more stores and websites are starting to accept crypto every day. It's becoming as normal as using a credit card or mobile payment. Sure, it's new and different, but so was paying with a card instead of cash when that first started. 

Simple tips for using crypto

• Start small until you're comfortable
• Double-check addresses before sending
• Keep your wallet information safe
• Use well-known services and stores

Why this matters

Whether you're a shopper who wants more ways to pay or a business owner looking to reach more customers, crypto payments are worth checking out. They're:

• Fast
• Safe
• Work everywhere
• Usually cheaper than regular payment methods

The bottom line

Cryptocurrency isn't just for tech experts anymore. It's becoming a normal way to pay for things, just like credit cards and digital wallets. While it might seem new and different at first, it's actually pretty simple to use once you try it.

Remember: You don't need to understand all the complex technology behind crypto to use it, just like you don't need to know how a credit card machine works to swipe your card at the store.

Ready to try?

If you're curious about using crypto for payments, start small. Simply download the Tap app from your Tap store (we encourage you to read the reviews and information before engaging in any crypto app - we’re confident you’ll still choose Tap) and create an account. 

You will then need to complete a quick identity verification step (NB no matter which crypto platform you might go with) and once you’re verified you can buy any cryptocurrency you like. If you’re looking to pay with crypto, it is worth noting that Bitcoin is the most widely accepted. 

Then try buying something inexpensive from a well-known store that accepts crypto using the steps above. The process should be as smooth as if you were using your digital card. If you run into any difficulties, we have 24/7 customer support in the app that will gladly help you through. 

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Remember those late nights battling friends over Monopoly, only to watch them build a hotel empire that wiped you out? Surprise – those brutal losses actually taught you more about money than any school class ever did.

Think about it. All those hours trading properties and counting colourful cash? You were low-key learning real financial skills.

Here we explore some classic board games that sneakily teach us about money and why game night might be worth more than just family bonding (or friendship breakups).

The OGs of financial gaming 

First up, Monopoly – the game that's probably seen more family arguments than any holiday meal. Beyond the thrill of watching someone land on Mayfair with your hotel on it, Monopoly has some sneaky money lessons. 

Notice how players who buy every single property often end up broke? Lesson one: keep some cash in reserve. The real magic, though, is in the deals. Trading Baltic Avenue for a get-out-of-jail-free card only to see your sibling realize they got hustled? Pure satisfaction. Plus, the joy of collecting rent while doing absolutely nothing? Welcome to passive income 101. 

And then there’s The Game of Life – where picking between doctor or YouTube star plays out the consequences. It's a crash course in big life choices: Is it worth the debt for that degree? Should you buy insurance or take a gamble? And the real kicker – sometimes the “safe” road with a steady paycheck beats betting it all on that dream job.

The new school money makers

If Monopoly is the grandfather of money games, Stockpile is the cool cousin who works on Wall Street. This game lets you play Gordon Gekko without the whole "going to jail" thing. You'll learn about stocks without risking your actual savings, and we’re willing to bet that watching your friends panic when their "sure thing" stock crashes is way more fun than checking your real investment portfolio.

The fun part? You get insider trading tips during the game (legally, of course). It's hilarious watching players debate whether to trust that hot stock tip or play it safe. One round you're Warren Buffett, the next you're crossing your fingers hoping your tech stocks don't tank. Kind of like real-life trading, some might say.

Then there's Cashflow, created by the "Rich Dad" guy himself. It's basically a crash course in getting rich while pretending to have fun. You'll learn the difference between assets and liabilities (spoiler: that fancy car isn't making you money), and figure out how to escape the 9-to-5 grind through smart investments. Fair warning though - you might quit your job after a few rounds to become a real estate mogul.

The unexpected financial teachers

Here’s where it gets sneaky – these games have been teaching you money moves all along. Take Ticket to Ride. While you’re laser-focused on building that perfect New York-to-LA route, you’re actually mastering resource management. Ever burned through all your train cards early, only to have someone block your perfect path? That’s basically paycheck-gone-on-day-one energy.

Then there's Catan – aka How to Lose Friends Through Aggressive Sheep Trading. One minute, you’re rich in brick; the next, you’re stuck because nobody wants to trade. It’s supply and demand in the flesh. And remember: putting all your hopes in wood and ore is like going all-in on one crypto. Diversify, people.

The real genius of these games? You’re sharpening real money skills without even noticing, all while throwing down over wheat wars and blocked routes.

Final dice

Next time someone questions your game night plans, let them know you're honing real-life money skills. These board games have quietly schooled us in finances for years – from building empires to making savvy trades.

Want to teach the kids about money without the lectures? Just break out the board games. Who knows, those game night lessons might be exactly what you need to handle real-world money moves.

Today, TikTok ranks as the fifth largest social media platform globally, used by 31% of social media users and 30% of all internet users worldwide. Taking things one step further, TikTok is also busy revolutionising social media shopping through its TikTok Shop. Looking to dive in?

If you’re unsure how TikTok Shop works or what payment options are available, you’re in the right place. This guide covers everything you need to know about TikTok Shop payment methods.

What is TikTok Shop?

TikTok Shop is an integrated marketplace where you can purchase products directly through the app. Here you'll find everything from trending fashion items to electronics, all available from both independent sellers and major brands. *It’s worth noting that these are third-party sellers and not from TikTok directly. 

You’ll also need an account to use it. 

Finding TikTok Shop

Getting started is simple:

• Download the TikTok app and create an account if you haven't already
• Look for the Shop icon at the bottom of your screen
• Start browsing products through videos, lives, or the Showcase tab

What payment methods are available on TikTik Shop?

TikTok Shop offers several convenient payment methods to suit your preferences and location:

Card payments

• All major cards accepted (Mastercard, Visa, American Express, Discover - yes, you can also use your Tap card)
• Both credit and debit cards are welcome

Digital wallets

• Apple Pay (iOS users)
• Google Wallet (Android users)
• PayPal

Buy Now, Pay Later

• Klarna: Split larger purchases into four interest-free payments

Making your first purchase

Ready to start shopping? Follow these simple steps:

• Find a product you love
• Click "Add to Cart"
• Hit "Check out" when ready
• Enter your shipping details and billing address
• Select your preferred payment method
• Review your order
• Confirm and place your purchase

Managing your payment methods

To add or change your payment method:

• Visit your TikTok profile
• Select "Your orders"
• Tap "Payments"
• Add new payment methods or set your preferred option

Shopping tips

• Always verify seller ratings and reviews before purchasing
• Check product descriptions and shipping information carefully
• Keep track of your orders through the TikTok app
• Enable notifications to track your order status
• Purchases are eligible for Tap cashback rewards

With these payment options and your Tap card at hand, you're ready to explore everything TikTok Shop has to offer.

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In today's global economy, managing your finances, both crypto and fiat, across borders has never been more important. With this in mind, we’ve created innovative solutions for both personal and business users with the Tap Personal Account and Tap Business Account. 

While both accounts share some core features, they each cater to specific needs. Let's dive into the details to help you choose the right account for your financial journey. 

Shared features: the Tap advantage

Both Tap Personal and Tap Business accounts offer a range of powerful features designed to simplify your financial life:

• Multi-currency capabilities: Hold, send, and receive money in multiple currencies.
• Competitive exchange rates: Enjoy favourable rates when converting between currencies.
• Low-fee international transfers: Send money abroad without breaking the bank.
• Tap card: A versatile debit card for spending in multiple currencies worldwide.
• User-friendly mobile app: Manage your finances on the go with ease.
• Cashback rewards: earn up to 8% Cashback on any card or online transactions.
• Money management on the go: Get real-time notifications on transactions and monthly statements.

Tap Personal Account: personal finance, globalised

The Tap Personal Account is perfect for individuals who:

• Live, work, or travel internationally
• Need to send money to family or friends abroad
• Want to shop online in different currencies
• Seek a hassle-free way to manage personal finances across borders
• Are savvy investors looking to manage multiple currencies in one secure location

Key features of the Tap Personal Account include:

1. Easy account opening: Get started quickly with a simple online process.
2. Free local account details: Receive payments like a local in multiple countries.
3. Instant transfers: Send money to other Tap users in seconds, for free.

Tap Business Account: powering global commerce

The Tap Business Account is tailored for:

• Small to medium-sized businesses
• Companies with international operations
• Startups looking to scale globally

In addition to the features shared with the Tap Personal Account, the Tap Business Account offers:

1. Multi-currency access: Easily set up checkout payment channels for crypto and major national currencies with access to local and international payment rails.
2. Crypto to fiat: Receive and send over 45 cryptocurrencies directly from your account with an institutional-grade OTC desk. 
3. Payment links: Get an individual IBAN and receive and send payments in EUR and GBP with SEPA Instant
4. White card labelling service: Create customisable cards for your business or clients using the integrated service. 
5. Cheaper payroll payments: Avoid bank fees when making multiple payments efficiently, perfect for paying salaries or multiple suppliers.
6. Access to an account manager: each company is assigned a dedicated account manager.

Making the right choice

Choosing between a Tap Personal Account and a Tap Business Account depends on your specific needs:

• If you're an individual looking to simplify your personal international finances, the Tap Personal Account is your go-to solution.
• For businesses of any size aiming to streamline their global financial operations, the Tap Business Account offers the advanced features you need to thrive in the international marketplace.

Both accounts reflect Tap's commitment to providing innovative, user-friendly financial solutions for our increasingly connected world. Whether you're planning your next international adventure or expanding your business across borders, Tap has you covered.

Ready to take control of your global finances? Visit withtap.com to learn more and download the app, and sign up for the account that best suits your needs.