Global payments giant Stripe has recently announced it has added support for crypto-related businesses, including exchanges, wallet providers and NFT marketplaces. Stripe co-founder John Collison has said:
“Stripe now supports crypto businesses: exchanges, on-ramps, wallets, and NFT marketplaces. Not just pay-ins but payouts, KYC and identity verification, fraud prevention, and lots more.”
According to the company’s website, the firm is offering companies the option to integrate an API to process payments in fiat and digital currencies.
FTX and its US division FTX US have joined forces with Stripe to improve the efficiency and simplicity of KYC procedures.
FTX users and its divisions will be able to purchase cryptos using debit cards and bank transfers.