Stripe Partners with Visa for ‘Digital Payment Improvements’
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....
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Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt Support for Bankoff Cards Payment processors Visa and Stripe have halted services for cards issued by Bankoff, the online banking platform informed clients on Tuesday, May 3. In a notice, a copy of which was posted on social media, the company explained that the suspension was due to the....
Stripe, a digital payments startup company founded five years ago, offers simple software and services for online merchants. It is similar to PayPal in that it accepts payments through credit or debit cards and charges small fees for these transactions. The company has been able to gain additional backing from investors like Visa, American Express, and Sequoia Capital in its new round of funding. Stripe did not provide any details on the amount of new funding but said that it is less than $100 million. Digital Payments Landscape. Digital payments is becoming a more competitive field these....
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....
Stripe, a San Francisco, Calif. -based mobile payments startup, has offered its customers a bitcoin payment option after completing a bitcoin beta test. CCN reported the beta test in March 2014. "While in beta, Stripe merchants accepted bitcoin transactions from more than 60 countries, so we're excited to see what's next," said Tim Drinan, a company spokesman. Stripe provides numerous APIs to power commerce on a range of devices and platforms. The company offers processing services for online and mobile transactions, which customers can integrate into their mobile apps. Merchants....
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....