'Stripe' Lead Engineer: Bitcoin is a Long-Term Investment
Earlier today (27th March), San Francisco-based online payments provider Stripe made a game-changing announcement, revealing that it is now testing bitcoin support with online data backup service Tarsnap. The big picture implication of the move - that online bitcoin merchants would have yet another potential processing partner to choose from - was clear. However, many questions about the specifics of exactly how Stripe - which has traditionally focused on making online credit card acceptance easier - would adapt its service remained unanswered. Now, Stripe has provided new details. In a....
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Digital payments processor Stripe has announced “collaboration” with Visa following a US$5 billion dollar valuation. The move, which will see Stripe work with the credit card giant ways to improve digital transactions, comes as Stripe secures major investment from Visa, American Express and Sequoia Capital. The New York Times reports that while the official figure has not been disclosed, it stands at “less than US$100 million.” A considerable advance nonetheless, the paper notes, given Stripe’s US$70 million investment and US$3.5 billion valuation around six months ago. “As Stripe thinks....
Stripe has launched its bitcoin payments integration following nearly a year of testing. With the launch, Stripe is now allowing any merchant in its network with a US dollar bank account to accept bitcoin. Integration for merchants is made possible through either its API or as part of its Checkout feature. A representative for Stripe told CoinDesk that its beta test had delivered promising results, and as part of the testing merchants within Stripe's network received both domestic and international payments. The spokesperson noted: "While in beta, Stripe merchants accepted bitcoin....
On April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform is Stripe’s first partner. Stripe and Twitter Partner to Test Crypto Payouts Feature Using the Stablecoin USDC Stripe revealed on Friday that it plans to allow businesses to pay users in digital currencies via a pilot through Stripe’s Connect service. The company’s first partner is....
The expansion of Stripe has not gone by unnoticed, as the service is now available in no less than 25 countries. France is a country of conflicts and odd decisions at times. Albeit the Front National wants to ban Bitcoin altogether, yet Fintech startup Stripe is now available in the country. Among the many supported payment options for Stripe, customers are Apple Pay, Alipay, and Bitcoin. The expansion of Stripe has not gone by unnoticed, as the service is now available in no less than 25 countries. Many investors and financial experts see the company as one of the last ‘unicorns’ in the....
Stripe, a popular online payments company has announced that it will soon support Bitcoin payments. This means that customers currently using Stripe's payment tools to accept online credit card payments will also be able to accept payments using the continuously growing virtual currency. The company and its co-founders Patrick and John Collison look forward to being one of the first major online payment platforms to accept Bitcoin. Will others choose to do the same? For many, Stripe is an online payment platform that provides web and mobile payments that are built for developers. Companies....