Tagbitcoin payment processor

Payment Processor Stripe Walks Away from Bitcoin

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Irish online payment processor Stripe announced Tuesday it will discontinue accepting bitcoin payments as of April 23, 2018. The company cites block size capacity, slow transaction confirmation times and high fees as the reasons behind the change. Stripe became the first major processor to accept bitcoin back in 2014. Company product manager Tom Karlo goes on to mention that the company will...

NBA Affiliate Santa Cruz Warriors Partner with PayStand to Accept Bitcoin

The Santa Cruz Warriors--the Developmental League affiliate for the NBA's Golden State Warriors--have signed a partnership with electronic payment processor PayStand to facilitate bitcoin payments (and other electronic transactions) for online ticket purchases. The partnership also makes PayStand the Warriors' first jersey sponsor, meaning the company logo will appear on the team's jerseys...

Stripe is Testing Bitcoin Support

Stripe is Testing Bitcoin Support

Stripe is a San Francisco-based web and mobile payments startup. The service advertises itself as being "built for developers," since it provides numerous APIs to power commerce on a range of devices and platforms. Stripe also offers competitive pricing that is often cheaper than alternatives such as PayPal. Despite being relatively new to the online payments scene, Stripe is already powering...

Overstock.com Will Start Accepting Bitcoin In 2014

In a newsbtc.com exclusive, Overstock CEO Patrick Byrne told Eric Calouro of newsBTC in a phone interview that they plan to accept Bitcoin starting in the second half of 2014.  This is incredible news considering how large of a retailer Overstock.com is at over $1 billion USD in revenue annually. What's even more promising from the news is that Byrne admitted that the company is still working out...

Shopify's Bitcoin Function is Out of Beta!

Check out Shopify's blog post about accepting Bitcoins here. Shopify lists these benefits of Bitcoin: Customers from around the world can check out with digital currency. The currency works just like cash. Transactions cannot be reversed by the buyer (unlike credit cards or PayPal). You can choose to receive your payments in Bitcoins (paid into your Bitcoin wallet) or paid in your local currency...

1295 BTC Stole from Danish Bitcoin Payment Processor BIPS

When Bitcoin's popularity starts to sore, so do the security requirements for websites holding large amounts of Bitcoin.  Adding to the long list of Bitcoin payment processors and exchanges that have taken large hits is always an odious task.  On Novemeber 17, 2013 BIPS had  1,295 BTC stolen; the bitcoins are still being held by the attacker at this address: 1LuG91tcSQxKj32BsCoRkX7yQLfj9LtkCs...

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