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Stripe finally launches support for Bitcoin

Stripe finally launches support for Bitcoin VentureBeat Business by Ruth Reader


Today digital payment protocol provider Stripe launched support for Bitcoin.

The company, which provides payment acceptance for popular services like Instacart, Kickstarter, and Shopify, has long been expected to add Bitcoin to its list of payment methods.

Stripe first started testing its Bitcoin capabilities back in March 2014 with an open beta program. As of today the program is open to anyone. Here’s a list of capabilities the payment company is rolling out:

  • Anyone can sign up to accept bitcoin — there’s no waiting period (which is still the case with other products)
  • If you’re already a Stripe Checkout user, adding bitcoin is just one line of code
  • Bitcoin transactions will appear side-by-side with fiat currencies in the Stripe dashboard, making it simple to manage
  • Bitcoin transactions will have clear, public pricing (0.5% per transaction)

During its beta program Stripe conducted Bitcoin transactions in 60 different countries.

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I'm still not sure who wants to buy mainstream products using Bitcoin.

Is there actually demand for this?

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