DIGITAL CURRENCY COMING TO PAYMENTS

DIGITAL CURRENCY COMING TO PAYMENTS

Digital currencies were once only accepted as payment by outlier businesses in the U.S. With the global rise in popularity of use of digital currency as payment for goods and services, common usage of digital currency for payments is becoming a reality. Uncertain economic times and global turmoil are moving businesses and consumers to use digital currency over fiat currencies because of its flexibility, security and resistance to inflation.

Stripe, Inc. (“Stripe”), a global payment processing platform, is leading the way in integrating digital currency as a common form of payment. Stripe now provides point of sale software for businesses to accept digital currencies as payment for goods and services that is converted into fiat currency. Digital currency accepted using Stripe’s software is immediately converted into fiat currency before being provided to a business. Read More