It takes a unified, interoperable suite of products to build economic infrastructure for the internet. As we work toward that goal, we spotlight what we’ve learned and updated across our payments, financial services, and business operations products.
Stripe Radar is a machine-learning-based fraud detection solution fully integrated with the Stripe platform. We recently shipped a series of improvements to Radar to help businesses better prevent fraud and more efficiently manage fraud workflows. Read on for the highlights, or log in to your Stripe Dashboard to see Radar in action.
Stripe Tax is one of our most requested products by users to date. This post covers how we built a tax engine to help users determine their customers’ locations, calculate the right tax at checkout, and speed up filing and remittance.
Today we're adding support for China UnionPay in the UK and the European Union, making it even easier for global businesses to sell to Chinese buyers. With this launch, Stripe users in North America, Europe, and most of Asia can now support the top three ways Chinese buyers want to pay: UnionPay, Alipay, and WeChat Pay, which collectively account for 85% of online purchases by Chinese consumers.
Today, we're introducing the Payment Element, an embeddable UI component for your checkout flow that supports 18 payment methods with a single integration. Optimize conversion without sacrificing customization by allowing your customers to pay how they want to pay—at a fraction of the engineering lift.
Today, we're launching the Stripe extension for Visual Studio Code, one of the most popular integrated developer environments.
With the VS Code extension, you can stream logs and webhook events from the Stripe API to your local development machine, quickly access the API reference by hovering over resource methods, easily get started with one of Stripe’s sample apps, and much more.
Strong Customer Authentication requirements are now being fully enforced in 28 of 31 European countries. Learn more about the trends we’ve seen so far and how Stripe can help you navigate these changes.
Over the past few months, we’ve added several new features to Stripe Invoicing to help any business get paid faster and streamline their collection workflows.
Stripe businesses around the world can accept payments from more European buyers in minutes. No matter where you are in the world, there’s now no foreign incorporation, no new bank accounts, and no manual activation steps to get started with Bancontact, EPS, giropay, iDEAL, Przelewy24, and Sofort.
The Stripe Dashboard is the hub for millions of businesses to take action. We’ve launched dozens of new features in the Dashboard to improve common workflows such as managing subscriptions, issuing refunds, sending invoices, and keeping track of customers.
Checkout now offers a seamless purchase experience with out-of-the-box support for mobile wallets and address auto-complete, helps scale your business globally with over 25 languages and 10 international payment methods, and lets you customize payments for your business with support for tax rates, promo codes, brand configuration tools, and more.
Stripe Billing is already the fastest way for businesses to set up subscriptions or invoices. The customer portal makes it even easier to create a great experience for your customers while minimizing engineering investment.
Stripe Billing is designed to be the fastest way for ambitious businesses to set up recurring subscriptions or one-off invoices. Companies such as Slack, The Atlantic, Notion, and Postmates use Billing so they can focus their engineering resources on their core business instead of building and maintaining a subscription-management system. And they get key advantages because Billing is deeply integrated into the Stripe payments stack—for example, our customers recovered 41% of failed payments last year through automatic card updates, smart retries, and other included capabilities.
Millions of businesses rely on Stripe to accept payments safely. Our goal is to help those businesses maximize payments from legitimate customers, while minimizing their losses to fraud. Online fraud causes unnecessary losses for most online businesses; for some, it can be so expensive that it threatens their viability.
Stripe Issuing is an API that allows you to create and control virtual and physical cards. Today, we’re opening access to all businesses in the US, so you can sign up and start creating cards instantly. We built Issuing to help businesses manage how funds get spent. Companies like Zipcar want to help renters fill up the gas tank without using their personal cards. Companies like Postmates want to help couriers pay for orders without allowing unapproved purchases. These businesses couldn’t just hand out corporate expense cards—they needed to create their own cards.
Today, we’re happy to officially launch Stripe in Malaysia. Businesses all across the country can now easily accept and manage payments, and access the full Stripe stack including Billing, Connect, Radar and Sigma.
Stripe is now generally available for businesses in eight additional European countries. Businesses in Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, Greece, and Portugal can now sign up and use the full Stripe stack.
Platforms and marketplaces like RVshare, Lugg, and Qwick use Stripe Connect to onboard and pay their owners, movers, and hospitality professionals. Building a great experience for these people and businesses is key to a platform’s success, and we’ve consistently heard that user onboarding is one of the most difficult challenges platforms face. Based on user feedback and analysis of thousands of Express accounts, we made a number of updates to the Connect onboarding flow that drove a 5.3% average increase in conversion rates.
Today we’re excited to make Stripe Terminal available to all users in the US. Terminal is a set of SDKs, APIs, and pre-certified card readers that lets you extend your Stripe integration to accept in-person payments. Businesses of all types are already using Stripe Terminal to build their in-person payment experiences.
Since our launch last April, we've seen a wide range of businesses use Stripe Billing to manage their recurring revenue and send invoices, including European businesses like Deliveroo, Front, Channel 4, Shadow, and Typeform. Today, we're launching new features for Stripe Billing to help recurring revenue businesses in Europe expand internationally and minimise the impact of upcoming Strong Customer Authentication (SCA) regulatory requirements.
Starting in September, new regulatory requirements called Strong Customer Authentication (SCA) will be rolled out for businesses who have customers in Europe. SCA is a pillar of the EU’s second Payment Services Directive (PSD2) and will require two-factor authentication on most payments made by European customers in an effort to decrease online fraud. Complying with SCA will be complex, as it will be implemented differently by individual banks and payment providers across Europe. And beyond the compliance burden, these new rules will also come with a cost—the new authentication step can add friction to checkout, reducing conversion.