Stripe: Bitcoin Has Future in Global Payments if Issues Solved

Stripe: Bitcoin Has Future in Global Payments if Issues Solved

San Francicso-based Stripe, a company that offers API-based payment systems, has published a blog post examining how it expects the bitcoin market to develop. Titled "Bitcoin: The Stripe Perspective", the article examines what the company believes it may take for mainstream consumer adoption of digital currency to ignite. The blog post explores bitcoin's possible use as a financial solution in nations with high-inflation currencies, as well as the technology's role in global payments infrastructure. Though largely positive in its conclusions, the company said that consumer protections....


Related News

Stripe to Accept Bitcoin

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....

Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter

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....

Payments Giant Stripe Is Not Ruling Out Crypto Payments, Says Co-Founder

Stripe may not have completely ruled out the possibility of accepting crypto payments again. The payment giants which had stopped accepting crypto payments in 2018 due to volatility concerns are not opposed to reimplementing digital assets payment. In 2014, Stripe had become one of the first major companies to accept bitcoin payments. However, as the […]

Stripe To Enable Millions of Merchants To Convert Payments Into Bitcoin via O...

Stripe, a global payment processor, has partnered with OpenNode enabling businesses to convert fiat payments into bitcoin.

Payment Processor Stripe Goes Live With Bitcoin Integration

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....