Stripe Updates Bitcoin Payments Beta Guide, Full Version to Go Live in January

Stripe has updated its support guide for accepting bitcoin payments, a feature that was launched in beta this past March.

Stripe has updated its support guide for accepting bitcoin payments, a feature that was launched in beta this past March.

Stripe provides payment processing tools for websites and mobile apps. They seek to make the checkout process as easy as possible by, for example, enabling mobile users to securely pay without having to enter credit card details each time.

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The company has embraced Bitcoin as it strives to anticipate the future of payments. Co-founder Patrick Collison said, “We acknowledge that bitcoin is important today … it may or may not be important in five years.”

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In July, the company outlined its vision for the future of payments, where Bitcoin “gateways” in each country will bridge the gap between Bitcoin and the local currency.

Supported merchants are able to accept bitcoin payments alongside credit cards with the same platform.

The update provides details on how to accept bitcoin in Testmode and Livemode, and goes into some of the finer details behind the mechanics of the integration.

The company will begin charging a 0.5% fee for its service when it comes out of beta in January.

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