Stripe

About Stripe

Stripe is a cloud payment platform designed to help you accept and manage online transactions. It gives you an end-to-end solution with features to process online payments, making it ideal for e-commerce or web-based businesses. At its core is a robust payments engine that streamlines the movement of money in your business while connecting with applications that enable you to prevent frauds, manage revenue, and drive global business growth. The platform uses a cloud-based infrastructure to allow scalability and to tighten security. It removes the complexity of financial operations in online commerce by leveraging the platform to work with financial institutions, banks, payment networks, regulators, and consumer wallets in place of your business. Stripe offers various products to address crucial stages of your payment processes. The fully integrated global payments platform offers an all-in-one solution to cover your payment of accepting, processing, settling and reconciling, and managing payments. Some features that cover this include customer interfaces, payment options, fraud and disputes, revenue optimization, and business operations, among others. It also has billing models designed for fast-growing businesses. This enables you to bill customers with a one-off invoice or on an automatically recurring basis. Additionally, it has a service for marketplaces and payments platforms to use in accepting money and paying out to third-party systems. This makes it possible for Stripe to work for any business model as mentioned through its simplified infrastructure with pre-made UI components and an API-first approach for customization.