Digital Payments Company Stripe Gains Additional Funding
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....
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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....
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....
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 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....
Multinational payment giant Stripe has announced that it is looking to hire engineers and designers for its new crypto team. The company, however, is not new to crypto. In 2014, Stripe became the first major payments company to support Bitcoin payments. But in 2018, the company shut down Bitcoin support due to high transaction fees […]