Payments company Stripe expands their crypto infra further in Europe by allowing users to buy using credit and debit cards.
Author: Sahil Thakur
Written On: Wed, 17 Jul 2024 06:16:13 GMT
Coinbase partner Stripe has announced the expansion of its cryptocurrency integration into the European Union (EU). This will enable shoppers to purchase various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), using their credit or debit cards. This strategic move aims to simplify the process of conducting transactions with virtual assets.
Egan added, “Now, merchants who rely on Stripe’s onramp for conversion optimization, identity verification, and fraud prevention can reach a more global audience. This lets them focus on growing their business and helping their customers.” Stripe’s efforts to expand its crypto-related services align well with Ireland’s high per-capita cryptocurrency ownership, benefiting a wide range of merchants and consumers by bridging the gap between traditional financial systems and the emerging crypto economy.
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