Curios Inc., a Web3 platform and NFT marketplace for creators, just announced it’s been approved by Stripe to integrate its popular payment solutions processing system.
The integration will enable Curios to facilitate secure and seamless global commerce solutions for creators to monetize their content on the blockchain. By integrating Stripe, one of the most trusted payment solutions for e-commerce in the world, Curios can offer a fast, easy, and secure payment experience for buyers and sellers on its marketplace.
According to Grant Powell, the founder of Curios, the move to expand payment options for users could “significantly increase adoption of Web3.” Greg Keogh, SVP of Strategy at Curios, added that the integration will not only improve the Curios platform, it will help make “NFTs accessible to the entire world.”
Here are some of the benefits of the new integration:
- Global network. Stripe supports payments in over 135 countries and accepts a wide range of currencies.
- Speed. Payment processing times will be drastically reduced.
- Seamlessness. The integration will make the platform more user-friendly.
- User confidence. Stripe has top-notch security protocols and fraud prevention tools, ensuring transactions on Curios are safe and secure.
- Convenience. Stripe enables payments to be received directly into seller’s bank accounts.
Curios, founded in 2020, aims to foster the creator community through its worldwide digital marketplace, which provides tools for users to create, share, and monetize their content on-chain. Its Web3 marketplace allows artists, athletes, creators, and influencers to publish unique digital content and engage with fans directly.
Payment Solutions in Web3 on the Rise
The move from Curios to integrate Stripe is a big deal for its users, and will make the process of buying and selling NFTs easier and more efficient. But Curios isn’t the only company that’s been working to make NFTs and crypto transactions seamless and user-friendly to onboard more non-native Web3 users into the space.
At Rarity Sniper, we’ve covered several recent stories about companies making improvements to their payment processing systems. Here are two of the top stories.
First, last month, PayPal launched a cryptocurrency off ramp that lets users convert crypto into USD and cash out seamlessly. The PayPal Off Ramp service is available to NFT marketplaces, decentralized apps, and Web3 wallets. It allows users to cash out their crypto directly to their bank accounts or debit cards.
Next, around the same time, VISA announced it added the Solana blockchain to its cryptocurrency cross-border settlement program. The move enables VISA to settle payments using USDC on the Solana blockchain, a chain with one of the fastest speeds and cheapest transaction costs in crypto.
Onboarding non-native Web3 users into the world of NFTs and blockchain has always been a difficult task. Many people don’t want to download and learn how to use Web3 wallets, which can often be complicated. But with more companies like Curios integrating familiar off-ramps that allow for funds to be deposited directly into user’s bank accounts — transactions in Web3 are becoming easier. At Rarity Sniper, we’ll follow up on any updates to the story.
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