Online Payments Provider 'Stripe' Now Testing Bitcoin Support
San Francisco-based web and mobile payments provider Stripe has announced that it is now testing bitcoin support with one merchant partner, online data backup service Tarsnap. Founded in 2010, Stripe has so far garnered $120m in public investments, most recently in January when it capped an $80m Series C round from major investors including PayPal founder Peter Thiel's Founders Fund and Sequoia Capital. Tarsnap, in turn, is helmed by Colin Percival, credited with creating the password-based key derivation function scrypt now widely used in digital currency. The announcement is notable as....
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Stripe, a payment provider that provides developer-friendly API and tools to help business accept online payments, is looking into bitcoin support. That's according to a new page they've set up at stripe.com/bitcoin, which says they are currently testing bitcoin support. The San Francisco-based company is allowing those interested to join a beta program and be added to a waiting list - so it's unclear when (and even if) this will make it out as a final product. Stripe processes billions of dollars in transactions for thousands of companies annually, of which includes Fortune 500 companies.....
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....
Stripe is a San Francisco-based web and mobile payments startup. The service advertises itself as being “built for developers,” since it provides numerous APIs to power commerce on a range of devices and platforms. Despite being relatively new to the online payments scene, Stripe is already powering hundreds of thousands of websites, including reddit, theguardian, WolframAlpha, dribbble, and more. And just today, the company made a major announcement – Stripe has started testing Bitcoin support. To keep things simple for merchants unfamiliar with bitcoin, BTC payments will be converted to....
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 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....