by Lucy Clews on May 24th, 2017 in balance blog
Is Stripe the new Paypal?

It may seem like a newcomer to the market but Stripe has been going since 2011 and is gaining momentum in the online payments world with many big, well-known brands using it, including Facebook, Slack, Pinterest, Salesforce and Asana. Stripe describes itself as ‘the new standard in online payments’ and it’s easy to see why. The payment process is short and sweet, creating a great UX for the end user.

Having recently integrated Stripe into the payments process, it’s clear that Stripe is a smooth and secure payment alternative.

Strip in action on

From a developer point of view, Stripe does a lot of the development for you. It lives up to our expectations and in some areas, far exceeds them. You can tell that Stripe has been built with the developer in mind as it reduces the amount of coding needed to install an online payments system vastly. Stripe also takes over in the security side of things and offers PCI-DSS compliance just by integrating Stripe into your payments process.

You can manage payments, customers and subscriptions straight from the Stripe dashboard. It also takes away any calculations and guesswork from part payments, cancellations and trial periods so you don’t have to worry about a thing.

When it comes to spending your money, Stripe allows you to pay with all major credit and debit cards and in over 135 currencies worldwide, with no account needed. That means that your credit card details aren’t stored and assigned to any account that could be otherwise vulnerable: super secure.

In conclusion

Stripe looks like it’s the new kid on the block but it really excels in making what could be a long and complicated process, smooth and simple. It takes away a lot of the hard work and leaves the developer with free time to apply their skills elsewhere, and the user with a safe, secure payment gateway. There are already some big names backing Stripe and we wouldn’t be surprised if more follow.

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