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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 transa
by stefanobernardi 12y 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.
- espeed 12y agoThe 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 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?