Stripe will allow merchants to make payments in Bitcoin (BTC) through OpenNode

Cryptocurrencies are gaining more and more space in everyday life. While the prices keep falling, they continue to encroach on the lives of their users. While some deny their meaning, others continue to find a definite use for them. While cryptos are already being used in various areas, Stripe is finding another way to help merchants adopt it. To do this, he wants to allow them to convert payments into bitcoins.

Another step for Bitcoin (BTC)

Stripe is an American company focused on internet payments for professionals. Founded in 2010 by Patrick and John Collison, the company is a reference in terms of pay. A partnership with OpenNode was recently announced.

This collaboration is of great interest as it will enable businesses and merchants to make Bitcoin payments. In addition, companies can convert payments into the first cryptocurrency. The operation is very simple, users only have to define an amount and it will be automatically converted into Bitcoin thanks to the OpenNode application located on Stripe.

However, you can also perform the conversion manually. Either way, businesses can keep an eye on conversion rates as well as their bitcoin wallet through the app. In addition, the latter offers many other options. In fact, it has a feature that allows businesses to connect directly to their bank accounts. Therefore, the changeover can take place at any time.

Introducing Stripe’s App Market

Bitcoin payment conversion is a real boon for businesses and merchants. The lack of regulation in crypto is closing tons of doors for investors. In fact, many people are concerned about the side effects of Bitcoin and cryptocurrencies in general.

Therefore, a project like this is favorable for all those who do not know how to use cryptos in their business. Only the conversion of fiat payments to bitcoin is done through a split payment feature in the app.

Companies are free to decide whether they want to use the setup process or not. However, if this is not the case, sooner or later you will have to go back to the settings to activate it. With the release of Stripe’s applications, companies like OpenNode can create user interfaces that streamline data exchange between Stripe and its partners.

Billing for apps will be relatively easy for businesses. The applications do not currently offer billing according to the company statements. However, the companies have to take care of their own billing outside of the market when they go to market.

The cryptocurrency industry is becoming more and more embedded in the lives of its users. Thanks to Stripe, merchants and businesses can now convert their payments to Bitcoin via OpenNode. Switching from fiat to bitcoin in real time is a possibility that should appeal to more than one.

Source: Bitcoin Magazine

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Eddie Senga

The world is changing and adaptation is the best weapon to survive in this hilly universe. As a grassroots Crypto Community Manager, I am interested in everything directly or indirectly related to the blockchain and its derivatives. To share my experiences and to publicize an area that fascinates me, there is nothing better than writing informative and relaxed articles at the same time.


#Stripe #merchants #payments #Bitcoin #BTC #OpenNode

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