Alternative Payment Solution: Stripe

Alternative Payment Solution: Stripe

  • January 2019 •
  • 19 pages •
  • Report ID: 5026564 •
  • Format: PDF
Alternative Payment Solution: Stripe

Summary
Stripe is a global payment services provider.Founded in 2010, the solution allows online merchants and vendors to accept payments for products and services offered through their own websites and mobile apps, as well as for those offered through third-party online marketplaces and platforms.

Stripe works on all web-enabled devices.Stripe has been deployed by a host of businesses globally, including online merchants, marketplaces, and platforms.

Prominent brands that support Stripe include Facebook, Grab, ShopStyle, Shopify, Salesforce, and Lyft.

The solution allows businesses to accept payments in over 135 currencies through payment methods including debit and credit cards, ACH, Apple Pay, and Alipay. In the US it is supported by major card schemes Visa, Mastercard, American Express, Discover, JCB, Diners Club, and China UnionPay.

To expand its product portfolio, in July 2018 it introduced a card issuing service, enabling merchants to issue payment cards. And in September 2018, Stripe introduced terminals enabling merchants to accept in-store payments.

Launched in the US, Stripe is now available in an additional 25 international markets: Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the UK.

The report provides information and insights into alternative payment solution Stripe including -
- Detailed insight into its business
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance, including its revenue model
- The company’s important events and milestones.

Scope
- In September 2011, Stripe was launched in the US.
- Stripe Connect is a payment solution for marketplaces and platforms, allowing them to accept payments from end customers and then pass on the payments to merchants.
- In April 2018, launched Stripe Billing, a recurring billing service for subscription-based businesses.
- In September 2018, launched Stripe Terminal, a POS solution for businesses to accept in-store payments.

Reasons to buy
- Gain insights into Stripe’s business operations and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
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