Stripe Unlocks All-or-Nothing Payment Processing Approach
- More, larger companies will be able to access Stripe products
- New policy could stoke Stripe’s rivalries with competitors
The Stripe Inc. headquarters in San Francisco.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Stripe Inc. is making it easier for merchants to use its financial-services offerings with the technology they already have to process payments.
Companies will no longer be locked in to processing payments with Stripe to access its other products, the firm said. Merchants can use other payments providers — such as Adyen NV or PayPal Holdings Inc. — while also using Stripe’s billing and tax capabilities, for example.