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The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

\u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Stripe And Web3 Companies<\/h2>\n\n\n\n

The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

\u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

Stripe And Web3 Companies<\/h2>\n\n\n\n

The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

\u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

Stripe And Web3 Companies<\/h2>\n\n\n\n

The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

\u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
    \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

    An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

    Stripe And Web3 Companies<\/h2>\n\n\n\n

    The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

    \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
  • The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
    \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

    An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

    Stripe And Web3 Companies<\/h2>\n\n\n\n

    The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

    \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
      \n
    1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
    2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
      \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

      An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

      Stripe And Web3 Companies<\/h2>\n\n\n\n

      The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

      \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

      Most Read

      Subscribe To Our Newsletter

      By subscribing, you agree with our privacy and terms.

      Follow The Distributed

      Twitter Instagram Youtube LinkedIn Facebook RSS
      ADVERTISEMENT
      \n

      Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

        \n
      1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
      2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
        \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

        An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

        Stripe And Web3 Companies<\/h2>\n\n\n\n

        The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

        \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

        Most Read

        Subscribe To Our Newsletter

        By subscribing, you agree with our privacy and terms.

        Follow The Distributed

        Twitter Instagram Youtube LinkedIn Facebook RSS
        ADVERTISEMENT
        \n

        Stripe, one of the largest payment service providers, announced <\/a>the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it easier for Web3 companies to help US-based customers purchase crypto.<\/p>\n\n\n\n

        Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

          \n
        1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
        2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
          \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

          An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

          Stripe And Web3 Companies<\/h2>\n\n\n\n

          The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

          \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

          Most Read

          Subscribe To Our Newsletter

          By subscribing, you agree with our privacy and terms.

          Follow The Distributed

          Twitter Instagram Youtube LinkedIn Facebook RSS
          ADVERTISEMENT
          \n

          The EU's proposed reforms in the payments sector signal a major step toward empowering fintech, promoting competition, and embracing digital transformation. By creating a more favorable regulatory environment and facilitating access to vital resources like customer data and payment infrastructure, the EU aims to unleash innovation and drive the development of user-centric financial products and services. As the reforms progress through the legislative process, it will be interesting to observe the impact on the fintech landscape and the overall evolution of Europe's payments ecosystem.<\/p>\n","post_title":"EU's Progressive Payment Sector Reforms Set To Supercharge Fintech Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eus-progressive-payment-sector-reforms-set-to-supercharge-fintech-innovation","to_ping":"","pinged":"","post_modified":"2023-07-03 22:34:52","post_modified_gmt":"2023-07-03 12:34:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12329","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11510,"post_author":"15","post_date":"2023-05-06 23:15:57","post_date_gmt":"2023-05-06 13:15:57","post_content":"\n

          Stripe, one of the largest payment service providers, announced <\/a>the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it easier for Web3 companies to help US-based customers purchase crypto.<\/p>\n\n\n\n

          Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

            \n
          1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
          2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
            \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

            An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

            Stripe And Web3 Companies<\/h2>\n\n\n\n

            The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

            \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

            Most Read

            Subscribe To Our Newsletter

            By subscribing, you agree with our privacy and terms.

            Follow The Distributed

            Twitter Instagram Youtube LinkedIn Facebook RSS
            ADVERTISEMENT
            \n

            In addition to the proposed reforms, the EU is considering the introduction of a digital euro. The European Central Bank is expected to decide in October on whether to proceed with this initiative. Should the digital euro become a reality, it would gain legal tender status, making it mandatory for businesses to accept it as a form of payment. This move aligns with the EU's broader vision for a digitally integrated financial system. Read more on the \u201cDigital Pound\u201d<\/a>.<\/p>\n\n\n\n

            The EU's proposed reforms in the payments sector signal a major step toward empowering fintech, promoting competition, and embracing digital transformation. By creating a more favorable regulatory environment and facilitating access to vital resources like customer data and payment infrastructure, the EU aims to unleash innovation and drive the development of user-centric financial products and services. As the reforms progress through the legislative process, it will be interesting to observe the impact on the fintech landscape and the overall evolution of Europe's payments ecosystem.<\/p>\n","post_title":"EU's Progressive Payment Sector Reforms Set To Supercharge Fintech Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eus-progressive-payment-sector-reforms-set-to-supercharge-fintech-innovation","to_ping":"","pinged":"","post_modified":"2023-07-03 22:34:52","post_modified_gmt":"2023-07-03 12:34:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12329","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11510,"post_author":"15","post_date":"2023-05-06 23:15:57","post_date_gmt":"2023-05-06 13:15:57","post_content":"\n

            Stripe, one of the largest payment service providers, announced <\/a>the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it easier for Web3 companies to help US-based customers purchase crypto.<\/p>\n\n\n\n

            Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

              \n
            1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
            2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
              \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

              An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

              Stripe And Web3 Companies<\/h2>\n\n\n\n

              The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

              \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

              Most Read

              Subscribe To Our Newsletter

              By subscribing, you agree with our privacy and terms.

              Follow The Distributed

              Twitter Instagram Youtube LinkedIn Facebook RSS
              ADVERTISEMENT
              \n

              Additional Reforms<\/h2>\n\n\n\n

              In addition to the proposed reforms, the EU is considering the introduction of a digital euro. The European Central Bank is expected to decide in October on whether to proceed with this initiative. Should the digital euro become a reality, it would gain legal tender status, making it mandatory for businesses to accept it as a form of payment. This move aligns with the EU's broader vision for a digitally integrated financial system. Read more on the \u201cDigital Pound\u201d<\/a>.<\/p>\n\n\n\n

              The EU's proposed reforms in the payments sector signal a major step toward empowering fintech, promoting competition, and embracing digital transformation. By creating a more favorable regulatory environment and facilitating access to vital resources like customer data and payment infrastructure, the EU aims to unleash innovation and drive the development of user-centric financial products and services. As the reforms progress through the legislative process, it will be interesting to observe the impact on the fintech landscape and the overall evolution of Europe's payments ecosystem.<\/p>\n","post_title":"EU's Progressive Payment Sector Reforms Set To Supercharge Fintech Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eus-progressive-payment-sector-reforms-set-to-supercharge-fintech-innovation","to_ping":"","pinged":"","post_modified":"2023-07-03 22:34:52","post_modified_gmt":"2023-07-03 12:34:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12329","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11510,"post_author":"15","post_date":"2023-05-06 23:15:57","post_date_gmt":"2023-05-06 13:15:57","post_content":"\n

              Stripe, one of the largest payment service providers, announced <\/a>the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it easier for Web3 companies to help US-based customers purchase crypto.<\/p>\n\n\n\n

              Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

                \n
              1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
              2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
                \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

                An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

                Stripe And Web3 Companies<\/h2>\n\n\n\n

                The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

                \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                Most Read

                Subscribe To Our Newsletter

                By subscribing, you agree with our privacy and terms.

                Follow The Distributed

                Twitter Instagram Youtube LinkedIn Facebook RSS
                ADVERTISEMENT
                \n

                Recognizing the need for collaborative efforts in combating scams, the EU's reforms aim to establish a clearer legal framework for information sharing between banks and payment firms. By clarifying the rules around data protection, the EU seeks to foster a collective approach to tackling fraudulent activities within the payments sector. This initiative not only strengthens the sector's ability to address scams but also ensures compliance with data protection regulations.<\/p>\n\n\n\n

                Additional Reforms<\/h2>\n\n\n\n

                In addition to the proposed reforms, the EU is considering the introduction of a digital euro. The European Central Bank is expected to decide in October on whether to proceed with this initiative. Should the digital euro become a reality, it would gain legal tender status, making it mandatory for businesses to accept it as a form of payment. This move aligns with the EU's broader vision for a digitally integrated financial system. Read more on the \u201cDigital Pound\u201d<\/a>.<\/p>\n\n\n\n

                The EU's proposed reforms in the payments sector signal a major step toward empowering fintech, promoting competition, and embracing digital transformation. By creating a more favorable regulatory environment and facilitating access to vital resources like customer data and payment infrastructure, the EU aims to unleash innovation and drive the development of user-centric financial products and services. As the reforms progress through the legislative process, it will be interesting to observe the impact on the fintech landscape and the overall evolution of Europe's payments ecosystem.<\/p>\n","post_title":"EU's Progressive Payment Sector Reforms Set To Supercharge Fintech Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eus-progressive-payment-sector-reforms-set-to-supercharge-fintech-innovation","to_ping":"","pinged":"","post_modified":"2023-07-03 22:34:52","post_modified_gmt":"2023-07-03 12:34:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12329","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11510,"post_author":"15","post_date":"2023-05-06 23:15:57","post_date_gmt":"2023-05-06 13:15:57","post_content":"\n

                Stripe, one of the largest payment service providers, announced <\/a>the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it easier for Web3 companies to help US-based customers purchase crypto.<\/p>\n\n\n\n

                Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

                  \n
                1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
                2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
                  \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

                  An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

                  Stripe And Web3 Companies<\/h2>\n\n\n\n

                  The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

                  \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                  Most Read

                  Subscribe To Our Newsletter

                  By subscribing, you agree with our privacy and terms.

                  Follow The Distributed

                  Twitter Instagram Youtube LinkedIn Facebook RSS
                  ADVERTISEMENT
                  \n

                  The reforms aim to eliminate the hurdles that fintechs often face when trying to establish relationships with traditional banks. The EU plans to make it more difficult for banks to deny fintech access to account opening services, removing unnecessary barriers that hinder innovation and competition. These changes could provide fintech companies with more opportunities to collaborate with banks and leverage customer data effectively.<\/p>\n\n\n\n

                  Recognizing the need for collaborative efforts in combating scams, the EU's reforms aim to establish a clearer legal framework for information sharing between banks and payment firms. By clarifying the rules around data protection, the EU seeks to foster a collective approach to tackling fraudulent activities within the payments sector. This initiative not only strengthens the sector's ability to address scams but also ensures compliance with data protection regulations.<\/p>\n\n\n\n

                  Additional Reforms<\/h2>\n\n\n\n

                  In addition to the proposed reforms, the EU is considering the introduction of a digital euro. The European Central Bank is expected to decide in October on whether to proceed with this initiative. Should the digital euro become a reality, it would gain legal tender status, making it mandatory for businesses to accept it as a form of payment. This move aligns with the EU's broader vision for a digitally integrated financial system. Read more on the \u201cDigital Pound\u201d<\/a>.<\/p>\n\n\n\n

                  The EU's proposed reforms in the payments sector signal a major step toward empowering fintech, promoting competition, and embracing digital transformation. By creating a more favorable regulatory environment and facilitating access to vital resources like customer data and payment infrastructure, the EU aims to unleash innovation and drive the development of user-centric financial products and services. As the reforms progress through the legislative process, it will be interesting to observe the impact on the fintech landscape and the overall evolution of Europe's payments ecosystem.<\/p>\n","post_title":"EU's Progressive Payment Sector Reforms Set To Supercharge Fintech Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eus-progressive-payment-sector-reforms-set-to-supercharge-fintech-innovation","to_ping":"","pinged":"","post_modified":"2023-07-03 22:34:52","post_modified_gmt":"2023-07-03 12:34:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12329","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11510,"post_author":"15","post_date":"2023-05-06 23:15:57","post_date_gmt":"2023-05-06 13:15:57","post_content":"\n

                  Stripe, one of the largest payment service providers, announced <\/a>the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it easier for Web3 companies to help US-based customers purchase crypto.<\/p>\n\n\n\n

                  Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

                    \n
                  1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
                  2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
                    \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

                    An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

                    Stripe And Web3 Companies<\/h2>\n\n\n\n

                    The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

                    \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                    Most Read

                    Subscribe To Our Newsletter

                    By subscribing, you agree with our privacy and terms.

                    Follow The Distributed

                    Twitter Instagram Youtube LinkedIn Facebook RSS
                    ADVERTISEMENT
                    \n

                    The EU's reforms aim to level the playing field for fintech, challenging the long-standing dominance of banks and major players like Visa and Mastercard. By granting easier access to customer data and payment infrastructure, these reforms seek to enable fintech to compete more effectively with traditional banking institutions. The European Commission believes that fostering competition will lead to increased innovation and the development of more user-friendly financial products and services.<\/p>\n\n\n\n

                    The reforms aim to eliminate the hurdles that fintechs often face when trying to establish relationships with traditional banks. The EU plans to make it more difficult for banks to deny fintech access to account opening services, removing unnecessary barriers that hinder innovation and competition. These changes could provide fintech companies with more opportunities to collaborate with banks and leverage customer data effectively.<\/p>\n\n\n\n

                    Recognizing the need for collaborative efforts in combating scams, the EU's reforms aim to establish a clearer legal framework for information sharing between banks and payment firms. By clarifying the rules around data protection, the EU seeks to foster a collective approach to tackling fraudulent activities within the payments sector. This initiative not only strengthens the sector's ability to address scams but also ensures compliance with data protection regulations.<\/p>\n\n\n\n

                    Additional Reforms<\/h2>\n\n\n\n

                    In addition to the proposed reforms, the EU is considering the introduction of a digital euro. The European Central Bank is expected to decide in October on whether to proceed with this initiative. Should the digital euro become a reality, it would gain legal tender status, making it mandatory for businesses to accept it as a form of payment. This move aligns with the EU's broader vision for a digitally integrated financial system. Read more on the \u201cDigital Pound\u201d<\/a>.<\/p>\n\n\n\n

                    The EU's proposed reforms in the payments sector signal a major step toward empowering fintech, promoting competition, and embracing digital transformation. By creating a more favorable regulatory environment and facilitating access to vital resources like customer data and payment infrastructure, the EU aims to unleash innovation and drive the development of user-centric financial products and services. As the reforms progress through the legislative process, it will be interesting to observe the impact on the fintech landscape and the overall evolution of Europe's payments ecosystem.<\/p>\n","post_title":"EU's Progressive Payment Sector Reforms Set To Supercharge Fintech Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eus-progressive-payment-sector-reforms-set-to-supercharge-fintech-innovation","to_ping":"","pinged":"","post_modified":"2023-07-03 22:34:52","post_modified_gmt":"2023-07-03 12:34:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12329","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11510,"post_author":"15","post_date":"2023-05-06 23:15:57","post_date_gmt":"2023-05-06 13:15:57","post_content":"\n

                    Stripe, one of the largest payment service providers, announced <\/a>the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it easier for Web3 companies to help US-based customers purchase crypto.<\/p>\n\n\n\n

                    Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

                      \n
                    1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
                    2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
                      \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

                      An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

                      Stripe And Web3 Companies<\/h2>\n\n\n\n

                      The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

                      \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                      Most Read

                      Subscribe To Our Newsletter

                      By subscribing, you agree with our privacy and terms.

                      Follow The Distributed

                      Twitter Instagram Youtube LinkedIn Facebook RSS
                      ADVERTISEMENT
                      \n

                      The European Union (EU) has recently unveiled a comprehensive set of reforms aimed at revolutionizing the payments sector. These proposed changes, backed by legal measures, seek to enhance competition, support the introduction of a digital euro, and ensure the continued relevance of cash in an increasingly digital world. Drawing from data gathered from reputable sources such as Reuters and the Financial Times, we will explore the key highlights of the EU's plan and its potential impact on the fintech industry.<\/p>\n\n\n\n

                      The EU's reforms aim to level the playing field for fintech, challenging the long-standing dominance of banks and major players like Visa and Mastercard. By granting easier access to customer data and payment infrastructure, these reforms seek to enable fintech to compete more effectively with traditional banking institutions. The European Commission believes that fostering competition will lead to increased innovation and the development of more user-friendly financial products and services.<\/p>\n\n\n\n

                      The reforms aim to eliminate the hurdles that fintechs often face when trying to establish relationships with traditional banks. The EU plans to make it more difficult for banks to deny fintech access to account opening services, removing unnecessary barriers that hinder innovation and competition. These changes could provide fintech companies with more opportunities to collaborate with banks and leverage customer data effectively.<\/p>\n\n\n\n

                      Recognizing the need for collaborative efforts in combating scams, the EU's reforms aim to establish a clearer legal framework for information sharing between banks and payment firms. By clarifying the rules around data protection, the EU seeks to foster a collective approach to tackling fraudulent activities within the payments sector. This initiative not only strengthens the sector's ability to address scams but also ensures compliance with data protection regulations.<\/p>\n\n\n\n

                      Additional Reforms<\/h2>\n\n\n\n

                      In addition to the proposed reforms, the EU is considering the introduction of a digital euro. The European Central Bank is expected to decide in October on whether to proceed with this initiative. Should the digital euro become a reality, it would gain legal tender status, making it mandatory for businesses to accept it as a form of payment. This move aligns with the EU's broader vision for a digitally integrated financial system. Read more on the \u201cDigital Pound\u201d<\/a>.<\/p>\n\n\n\n

                      The EU's proposed reforms in the payments sector signal a major step toward empowering fintech, promoting competition, and embracing digital transformation. By creating a more favorable regulatory environment and facilitating access to vital resources like customer data and payment infrastructure, the EU aims to unleash innovation and drive the development of user-centric financial products and services. As the reforms progress through the legislative process, it will be interesting to observe the impact on the fintech landscape and the overall evolution of Europe's payments ecosystem.<\/p>\n","post_title":"EU's Progressive Payment Sector Reforms Set To Supercharge Fintech Innovation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eus-progressive-payment-sector-reforms-set-to-supercharge-fintech-innovation","to_ping":"","pinged":"","post_modified":"2023-07-03 22:34:52","post_modified_gmt":"2023-07-03 12:34:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12329","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11510,"post_author":"15","post_date":"2023-05-06 23:15:57","post_date_gmt":"2023-05-06 13:15:57","post_content":"\n

                      Stripe, one of the largest payment service providers, announced <\/a>the launch of a Stripe-hosted fiat-to-crypto onramp. The move makes it easier for Web3 companies to help US-based customers purchase crypto.<\/p>\n\n\n\n

                      Stripe introduces an onramp solution to help companies offer seamless cryptocurrency purchase experiences to their customers. With this onramp, customers can purchase digital currency at the exact time they need it. Stripe now offers two implementation options: <\/p>\n\n\n\n

                        \n
                      1. The embeddable onramp, which developers can easily insert into their website or app with just ten lines of code, and <\/li>\n\n\n\n
                      2. The Stripe-hosted onramp at crypto.link.com<\/em>, is an effortless way for US-based customers to get started.<\/li>\n<\/ol>\n\n\n\n
                        \nhttps:\/\/twitter.com\/stripe\/status\/1654156129960615938?s=20\n<\/div><\/figure>\n\n\n\n

                        An embeddable onramp is a good option for Web3 companies that want complete control over branding and customer experience. On the other hand, the Stripe-hosted option provides an even more straightforward way for users to get started.<\/p>\n\n\n\n

                        Stripe And Web3 Companies<\/h2>\n\n\n\n

                        The Stripe-hosted onramp is being utilized by several Web3 companies to enable their users to buy crypto easily and directly into their self-custody wallets. Brave, Safe, 1inch, and Lens Protocol are among the companies using Stripe's onramp. Using the onramp, they can reduce the barrier between Web2 and Web3 and provide seamless experiences for their customers. <\/p>\n\n\n\n

                        \u201cWith our onramp options, Web3 companies can now outsource a bunch of the very important but tricky pieces to Stripe\u2014things like conversion and auth optimization, identity verification, fraud prevention, and so on. This allows companies to focus on what\u2019s unique to their business, and helps their customers start using Web3 services quickly and safely,\u201d<\/em> said Guillaume Poncin, head of engineering for crypto at Stripe.<\/p>\n","post_title":"Stripe Launches Fiat-to-Crypto Onramp To Accelerate Cryptocurrency Adoption","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"stripe-launches-fiat-to-crypto-onramp-to-accelerate-cryptocurrency-adoption","to_ping":"","pinged":"","post_modified":"2023-05-06 23:33:20","post_modified_gmt":"2023-05-06 13:33:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11510","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                        Most Read

                        Subscribe To Our Newsletter

                        By subscribing, you agree with our privacy and terms.

                        Follow The Distributed

                        Twitter Instagram Youtube LinkedIn Facebook RSS
                        ADVERTISEMENT

                        Fintech

                        Most Read

                        Subscribe To Our Newsletter

                        By subscribing, you agree with our privacy and terms.

                        Follow The Distributed

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