About Stripe
Stripe is a comprehensive payment processing platform that enables businesses to accept payments online, manage subscriptions, and handle complex financial operations through its API. It supports credit cards, bank transfers, digital wallets, and dozens of local payment methods across 135+ currencies. Stripe also offers tools for billing, invoicing, fraud prevention, and financial reporting.
Key Features
- Accept payments via cards, wallets, bank transfers, and local methods in 135+ currencies
- Subscription and recurring billing management with Stripe Billing
- Prebuilt checkout pages and embeddable payment elements
- Stripe Connect for marketplace and platform payment splitting
- Radar fraud detection powered by machine learning across millions of businesses
- Comprehensive dashboard with real-time analytics and reporting
- Developer-first API with extensive SDKs for every major language
Pros & Cons
What we like
- Best-in-class developer experience with excellent documentation and APIs
- Handles enormous complexity including tax calculation, invoicing, and compliance
- Scales from a single founder to enterprise-level transaction volumes
- Extensive ecosystem of plugins and integrations with every major platform
- Transparent, predictable pricing at 2.9% + 30 cents per transaction
Room for improvement
- Transaction fees add up for high-volume or low-margin businesses
- Account freezes and holds can happen with limited warning, especially for new accounts
- Complex pricing when using multiple Stripe products together
- Customer support for non-enterprise accounts can be slow
Best For
SaaS subscription billing and payment processingE-commerce checkout for online storesMarketplace payment splitting between sellers and platformsInvoice generation and accounts receivable managementMobile app in-app purchases and payment processing