Rutger van Faassen’s Post

Interesting news from Stripe and Fifth Third Bank who announced a partnership that will enable Stripe-connected software platforms to offer Fifth Third deposit products and other financial services to their customers. This interesting development follows some of the advice we have provided to our Merchant Payments clients in our recent research report, "Embedded Finance: What Do Merchants Want?" Trust Javelin to keep you ahead of the curve. The link to my report is in the comments. https://lnkd.in/gsxaz2mb

Stripe has expanded Instant Payouts to 20 more EU countries, including Germany, France and Spain! For SaaS platforms and marketplaces in the gig, hospitality and retail sectors, this expansion helps you attract customers and build loyalty by giving them access to their earnings or sales revenue whenever they want. See how payment processing app Lopay is using Instant Payouts to empower their users – taxi drivers, mobile businesses, sole traders, service professionals, salons and vets –  with instant access to the money they earn. Richard Carter Ollie Mahoney Antoine Markarian Laura Yates

Stripe Selects Fifth Third Bank to Power Embedded Financial Services. Fifth Third Bank is pleased to announce a collaborative agreement between Newline™ by Fifth Third, a leading embedded payments provider, and Stripe, a financial infrastructure platform that enables businesses to seamlessly incorporate financial services in their products. Together, Newline™ and Stripe will expand embedded financial services for Stripe’s platform users and their customers. Later this year, Newline™ will power Stripe Treasury, a service that enables software platforms on Stripe to offer embedded financial accounts to their customers. Newline™ by Fifth Third is an API platform that enables enterprises to launch and scale payment, card, and deposit products directly with Fifth Third Bank. According to a survey conducted by Stripe, 46% of businesses reported that traditional financial experiences have hindered their growth. Modern businesses want intuitive, digital financial services embedded within the software platforms they use daily. Source: https://lnkd.in/ejcQR9Kf Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #fintech #banking #financialtechnology #financialservices #fintechnews #financialsolutions

We know access to cash is one of the biggest challenges for small businesses. Instant Payouts allows Stripe users to pay out their available balance instantly, 24/7, even on holidays. That’s why I’m excited to share that Stripe has expanded Instant Payouts to 20 new EU countries. Over the years, we’ve also seen how platforms and marketplaces, like Lopay, grow their revenue by offering Instant Payouts to help their customers improve cash flow. Learn more about how they’ve added new lines of business with Stripe’s integrated solutions.

Stripe is a well-known payment provider. Although it's fast and user-friendly, a growing business may want to switch to a different service payment provider. Learn more about the signs you are ready for an alternative with our latest article below.👇 #StripeAlternative #PaymentProcessing #Fintech #PaymentOptimization #BillingPlatform #SubscriptionManagement #RecurringBillingSoftware #CustomerChurn #Subscription #SubscriptionNews #Ecommerce #SubscriptionCommerce

🚀 Stripe: The Game-Changer in Online Payments 💱 As a Finance Director for owner-managed businesses, I always keep an eye out for tools that truly change the game. Stripe, founded by the Collison brothers, Patrick and John, in 2010, does just that for online payments. Why Stripe Captures Attention: The Collison brothers were just in their early twenties when they founded Stripe. They started it out of sheer frustration with how clunky and outdated most online payment systems were. A Pivotal Moment: One of their early breakthroughs came from a gutsy move during a meeting with Peter Thiel, a big name in tech investing. They brought a laptop, opened up their prototype, and had Thiel make a live transaction right there. The process was so smooth and fast that Thiel was convinced to invest, helping to kickstart Stripe's journey. Stripe's standout features include: 🔧 Developer-Friendly: Easy integration so businesses can start accepting payments quickly. 🌍 Ready for Global Business: Supports payments in multiple currencies and from various payment methods. 🛡️ Built with Security in Mind: Protects against fraud and secures customer data rigorously. 📊 Full Suite of Financial Tools: More than just payments, Stripe manages billing, accounting, and much more. Stripe’s focus on simplicity and efficiency makes it an essential tool for businesses looking to modernize their financial operations.

#some key points about Stripe :- Online Payment Processing: Stripe is a technology company that specializes in online payment processing services. #Founded in 2010: Stripe was founded in 2010 by Irish entrepreneurs John and Patrick Collison. #Global Reach: It operates globally, allowing businesses to accept payments from customers around the world. #Wide Range of Payment Methods: Stripe supports various payment methods, including credit cards, debit cards, digital wallets (e.g., Apple Pay, Google Pay), bank transfers, and more. #Developer-Friendly: Stripe offers a suite of developer tools and APIs, making it easy for businesses to integrate payment processing into their websites and applications. #Subscription and Billing Management: Businesses can use Stripe to set up and manage subscription-based services, including recurring payments, subscription plans, and invoicing. #E-commerce Solutions: Stripe provides tools for businesses to create and manage online stores, with features such as customizable checkout experiences and inventory management. #Global Currency Support: With support for over 135 currencies, Stripe enables businesses to accept payments in their customers' preferred currency. #Security and Fraud Prevention: Stripe prioritizes security and offers built-in fraud prevention tools, such as machine learning algorithms and customizable fraud detection rules. #Financial Services: In addition to payment processing, Stripe offers financial services such as banking, business financing, and corporate card programs. Popular Among Startups and Enterprises: Stripe is popular among businesses of all sizes, from startups to large enterprises, due to its user-friendly interface, scalability, and extensive range of features. #Innovation and Growth: Stripe is known for its continuous innovation and has experienced rapid growth since its inception, becoming one of the leading players in the online payment industry.

https://lnkd.in/e5PtvntE? The simplest model for Stripe is that once they land a company through payments, there's no limit to what else they can offer, since collecting money is adjacent to every other way that a company adds value. That model has served them well, but over time, bundles get harder to sell because they involve replacing so many other service providers. It's true that once a company gets one product right, they should offer existing customers a chance to buy something adjacent to it in order to amortize customer acquisition costs over more business. But it's also true that the better they execute on this, the more likely these other products are to stand on their own.

Here's the optimized LinkedIn post version: Navigating Credit Card Processing: Top Solutions for Business Growth in 2023 Selecting the right payment processor is crucial for business success. After comprehensive research, here are the standout credit card processing companies transforming financial transactions: Top Performers: • Square: Ideal for small businesses seeking versatility • PayPal: Global payment leader with seamless integration • Stripe: Developer-friendly platform for online enterprises • Helcim: Transparent pricing for emerging businesses • Fattmerchant: Subscription-based model for high-volume transactions Key Selection Criteria: - Competitive transaction fees - User-friendly interfaces - Robust integration capabilities - Responsive customer support Pro Tip: Don't just choose a processor—select a strategic partner that understands your unique business needs. The right solution can streamline operations, enhance customer experience, and drive scalable growth. Invest wisely in your payment infrastructure. Your bottom line will thank you. #BusinessStrategy #PaymentProcessing #FinTech

Stripe's 'radical' transparency is accidentally exposing global payment inefficiencies. Here's what their pricing tells us about regulation, competition, and your bottom line: They're one of the very few payment providers brave enough to publish their list prices right on their website. Why is this a big deal? Because it gives us a fascinating window into the global payments landscape. Take a look at Stripe's pricing across different markets, and you'll see some eye-opening variations. This isn't just random pricing - it's a near-perfect proxy for the level of regulation, efficiency, and competition in each market. → Europe: Stripe charges about 1.5%. Why so low? Thank the EU's interchange caps and the competitive environment. Acquiring licenses are accessible through regulation, keeping the market open. → US and Canada: You're looking at 2.9%. The reason? Card schemes like Visa and Mastercard dominate, and only banks can become acquirers. It's a more protective environment, and that shows in the pricing. → Brazil: Brace yourself - it's 3.99%. This reflects the inefficiency of card payment systems, with delays and the cost of anticipation baked into the price. Stripe's pricing tells us that payments aren't just about technology - they're deeply influenced by regulation, market structure, and legacy systems. In Europe: regulators have actively pushed for a more open, competitive market. The result? Lower prices for merchants. In the US: the traditional financial institutions still hold a lot of power. That translates to higher fees. In Brazil: the infrastructure itself adds costs that get passed on to merchants. Next time you're looking at payment costs in a new market, do yourself a favor - check Stripe's list pricing.