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

Stripe has updated its support guide for accepting bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, 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.

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."

In July, the company outlined its vision for the future of payments, where Bitcoin "gateways" in each country will Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term 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.