Stripe Enhances Customer Verification Process for Virtual Asset Purchases via Apple Pay

Global payment company Stripe has improved its development tools to require resubmission of payment information when the regional information used for customer verification changes during the virtual asset purchase process via Apple Pay. According to Stripe's GitHub release notes on the 16th, the company incorporated this modification into the iOS Software Development Kit (SDK) version 26.14.0, which was released on the 12th. The target is the alpha version of 'Crypto Onramp'. Onramp is a service that connects users to purchase digital assets using fiat currencies like the dollar, and Stripe supports businesses in integrating this feature into their apps or websites. Users undergo a Know Your Customer (KYC) procedure to verify their identity and regional information during the purchase process. Stripe's Onramp is restricted based on location, with support currently available in the United States and the European Union (EU). This modification applies to situations where the regional information for customer verification changes before user authentication is completed after receiving Apple Pay payment information. In such cases, the development tool will notify that the regional information has changed, and payment information from Apple Pay must be resubmitted.

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