Stripe brings together everything that’s required to build websites and apps that accept payments and send payouts globally. Stripe’s products power payments for online and in-person retailers, subscriptions businesses, software platforms and marketplaces, and everything in between. Stripe also helps companies beat fraud, send invoices, issue virtual and physical cards, get financing, manage business spend, and much more.
You can read more about Stripe here.
After researching multiple options within the marketplace, we made the decision that Stripe offers the best platform for our customers to grow their business and ensure that they have access to the best in class payment gateway solution.
Stripe offers your customers more ways to pay than the vast majority of providers, as well as some features we know are important to our customer base including:
– Google Pay
– Apple Pay
– Payment Profiles
– Automatic Account Reconciliation
Stripe is also an End-to-End offering, meaning Stripe is the Gateway, Processor and Acquirer. Benefits to customers from this include a seamless onboarding experience and a quicker resolution should issues arise.
Stripe also offers a treasury feature known as Stripe Treasury to enable you to embed banking services in your platform. This includes bank account replacement, open wallet loop, a payout card & product operations account. You can read more about this here.
Finally, Stripe is growing faster than anyone else in the space and introducing more and more features we think will benefit customers.
Growing faster than anyone else in the space, giving BN customers the leading solution in the payment gateway & venue management spaces.
In short, it doesn’t impact you in any way at all. We are maintaining relationships with all existing suppliers, and the Stripe partnership will only be mandatory for new customers, so rest assured nothing will change for existing customers.