I am wondering about what HN thinks about web3 payment solutions and if Stripe is already too late after the huge MoonPay funding round.<p>MoonPay funding: https://cointelegraph.com/news/crypto-fintech-moonpay-reportedly-aims-for-3-4b-valuation-in-first-vc-funding
Stripe has incredible distribution. For the many merchants already using Stripe, enabling cryptocurrency payments could, depending on its implementation, be as easy as toggling a switch. That's a lot easier and less costly than integrating a new payment processor from scratch. For new merchants, adopting Stripe would mean being able to accept cryptocurrency payments AND benefitting from Stripe's existing product suite and experience. They've solved a lot of difficult problems really well.<p>Despite the head start other crypto payment processors may have had, imo none have yet been able to produce a developer experience (or even just documentation) anywhere near the quality of Stripe. Also, that "head start" might be a head start in accepting crypto specifically (though Stripe did do this at one point), but it's not a head start when it comes to accepting payments, more generally. I think the things that make Stripe the best payment processor will translate pretty smoothly into making them the best crypto payment processor, too.<p>I'm not certain that Stripe will become the number one cryptocurrency payment processor, but I think it's likely. I certainly wouldn't put it past them.
Wow, Congrats to MoonPay!<p>I was curious about their fee structure, and after digging was able to find the following chart:<p><a href="https://support.moonpay.com/hc/en-gb/articles/360011930117-What-fees-do-you-charge-" rel="nofollow">https://support.moonpay.com/hc/en-gb/articles/360011930117-W...</a><p>Is the API public? Looking for a list of MoonPay's webhook endpoints & events a la Stripe...
Neither.<p>The purpose of cryptocurrency is peer-to-peer transactions. No central bank, no retail banks, no payment processors, no KYC, no gatekeeping.<p>A few days ago there was a thread about Stripe locking a business’ account for no reason, with no support, grinding their entire business to a halt. That’s not the future of cryptocurrency I want.