TRANSACTION: Stripe
Stripe is a payment services provider that enables businesses to take payments made using credit, debit, or other cards. With the help of Stripe’s tools and configurable APIs, you can process payments and pay out merchants anywhere in the world. Platforms and marketplaces can easily handle their payments using Stripe while maintaining compliance, from authenticating your merchants’ identities to routing payments. Interchange fees, which are paid by retailers and sellers each time a card is used, are how Stripe generates revenue. Additionally, Stripe charges $3 and $15, respectively, for each issued and lost card. In addition, a 0.30 cent (1%) currency exchange fee is charged.
