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by stefanobernardi 4141 days ago
By enabling BTC payments, does this mean that Stripe will change the list of "prohibited" uses? That list is in line with what are usually high-risk card transactions, but by removing that risk (almost) entirely, it seems like this could finally enable a wave of new commerce on diverse and neglected categories.

I'm probably assuming a no as they'll want to keep the card AND bitcoin and not do jut BTC, but a man can dream.

1 comments

The Stripe TOS says:

"Most Prohibited Business categories are imposed by Card Network rules or the requirements of our banking providers or processors" (https://stripe.com/us/prohibited-businesses).

Bitcoin avoids much of the high-risk card issues so will Stripe update its Bitcoin TOS to allow more high-risk transactions and regulated industries?