Stripe
They're basically the toll booth that lets websites and apps take your money safely
Explain it like I'm 16
Stripe builds the behind-the-scenes plumbing that lets businesses accept payments online, in apps, and in stores. Think of it like the wiring behind a cash register, except instead of one store, millions of websites plug into it. When you buy something online and type in your card, there's a good chance Stripe is the invisible middleman checking the card is real, moving the money, and stopping fraud. They also help businesses send payouts, manage subscriptions, and even set up new companies.
How they make money
Businesses pay Stripe a fee every time it processes a payment for them, listed as 2.9% plus 30 cents per successful card transaction on their standard plan. Bigger businesses can get custom, lower rates.
- Extra tools businesses pay forStripe charges separately for things like fraud protection (Radar), subscription billing, tax calculation, corporate cards, and business financing.Stated
- Helping startups get set upStripe Atlas charges a fee to incorporate new companies and get them ready to accept payments and open bank accounts.Stated
- Custom enterprise packagesLarge companies with huge payment volumes negotiate custom pricing and discounts instead of the standard rate.Stated
What it looks like
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Follow the incentives
Businesses of every size, from solo founders to huge companies like Hertz and Instacart, pay Stripe to handle their payments and money-related tasks.
Online stores, apps, subscription services, and even in-person retailers use Stripe to accept customer payments and manage their finances.
Because Stripe earns a small percentage of every transaction, they want businesses to process as much payment volume through them as possible, so they keep adding new tools and features to make businesses grow and stay loyal.
Something wrong?
Work at Stripe or know it well? Tell us what to fix. Corrections from a company email get marked as coming from the company.