Coming soon to Stripe, convert payments to Bitcoin \ stacker news ~bitcoin

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Coming soon to Stripe, convert payments to Bitcoin www.opennode.com/stripe-apps/

121 sats \ 5 comments \ @mf 24 May 2022 bitcoin

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13 sats \ 0 replies \ @cryptocoin 18 Jan 2023

January 2023 now, ...

This page on OpenNode's site still shows "Coming soon".

Stripe's Marketplace shows an entry for OpenNode but that too shows "coming soon":

Coming soon. Request to get notified when this app is available to install.

https://marketplace.stripe.com/apps/opennode

Stripe has apparently gone with a whitelabel exchange instead, Zero Hash, and has branded this offering as "Link".

Link, a Stripe product, uses Zero Hash, a liquidity partner, to facilitate crypto purchases made through the Link by Stripe widget. Zero Hash is responsible for the fulfillment and delivery of your crypto order placed through Link.

What is Link's relationship with Zero Hash? https://support.link.co/questions/what-is-links-relationship-with-zero-hash

Stripe Debuts Fiat-to-Crypto Payment Offering for Web3 Businesses https://www.coindesk.com/business/2022/12/01/stripe-debuts-fiat-to-crypto-payment-offering-for-web3-businesses

An embeddable and customizable fiat-to-crypto onramp https://stripe.com/blog/crypto-onramp

1 sat \ 0 replies \ @nullama 25 May 2022

Interesting.

And you can even use the cool Bolt Cards to pay in your store if you're using OpenNode, as they added support for lnurl-withdrawals!

If you're only accepting Bitcoin, then probably BTCPayServer might be a better option because OpenNode charges a flat 1% for all incoming Bitcoin transactions, but this service allows payments to be done with credit cards in any currency, and you receive BTC directly, without having to deal with any conversion for tax purposes. I assume you have to pay the credit card fees and that the exchange is done fairly.

Also they seem to have free on-chain (scheduled weekly) and lightning(on-demand) withdrawals.

This looks like a great way to add multiple payment methods, including Bitcoin.

1 sat \ 0 replies \ @Majjin 24 May 2022

Bitcoin cannot be ignored

0 sats \ 1 reply \ @earnbitcoin 25 May 2022

Stripe App Marketplace - OpenNode https://marketplace.stripe.com/apps/opennode

0 sats \ 0 replies \ @earnbitcoin 25 May 2022

Here's an article in Bitcoin Magazine on this development:

Stripe’s app marketplace was also announced today which will allow companies like OpenNode to create customer user interfaces that will streamline workflows and allow data syncing compatibility between Stripe and its participating partners.

Using Stripe’s open application programmable interface (API), developers can start building apps that will support Stripe integrations. Billing for applications will be fairly straightforward for businesses looking to build on Stripe as the company said Stripe apps do not currently offer billing for apps, however apps can either be free or paid for but companies will need to handle their billing outside of the marketplace at launch.

Stripe To Enable Millions of Merchants To Convert Payments Into Bitcoin via OpenNode https://bitcoinmagazine.com/business/stripe-and-opennode-to-release-app-for-bitcoin-payments