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Stripe

Questions people ask about Stripe

What is Stripe?

Stripe is a payments infrastructure company. When you type your card number into an online checkout, there is a good chance Stripe is the machinery processing the payment behind the scenes for the store.

How do brands use Stripe for product drops?

Many independent brands and drop based webshops run their checkout on Stripe because it handles sudden traffic spikes and card processing without the store building its own payment system. As a shopper you rarely see the Stripe name because the checkout page carries the store's own design.

Do you need a Stripe account to buy from a store that uses Stripe?

No. Buyers just enter card details at checkout as usual. Stripe also offers Link, an optional feature that saves your payment details so checkouts autofill on other Stripe powered stores.

How much does Stripe cost?

Stripe charges merchants, not shoppers. Its standard published rate for online card payments in the United States has long been around 2.9 percent plus 30 cents per transaction, with custom pricing for larger businesses. Shoppers pay only the listed price of the product.

Who owns Stripe?

Stripe was founded in 2010 by Irish brothers Patrick and John Collison, who still lead the company. It remains privately held and ranks among the most valuable private technology companies in the world.

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Coverage

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