Payment processing giant Stripe has enabled crypto purchases via its technology in the EU, according to the Irish Independent.
Online vendors in the region can reportedly now add a widget on their sites for users to purchase Bitcoin, Ether and Solana, among others.
Financial technology company Stripe has expanded its crypto integration into the European market, enabling shoppers to buy cryptocurrencies, including Bitcoin, Ether and Solana, using a credit or debit card.
The decision by Stripe, founded by Ireland-born brothers Patrick and John Collison, is part of a move to make it easier for “normal transactions” to occur using digital assets, the Irish Independent reported on Tuesday.
Online vendors using Stripe’s technology can reportedly now add a crypto-purchasing widget on their sites, which also manages charges, disputes and KYC compliance, the outlet said.
“This expansion allows crypto companies to help European consumers buy cryptocurrencies quickly and easily,” Stripe Head of Crypto John Egan told the Irish Independent. “Now, merchants who rely on Stripe’s onramp for things like 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.”
Start your day with the most influential events and analysis happening across the digital asset ecosystem.