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Super happy for the Stripe team. They deserve this. I have worked in payments for over 10 years and I can tell you Stripe changed the game, made payments bett
by benja123 6y ago
Super happy for the Stripe team. They deserve this.
I have worked in payments for over 10 years and I can tell you Stripe changed the game, made payments better and made it accessible to all.
Before Stripe payment processing was a nightmare. Payment processors had overly complicated APIs and poor documentation(if at all). The fee structures were intentionally not clear and plenty of them had minimum processing amounts and/or monthly fees which made payments processing (outside of PayPal) inaccessible to companies or individuals that lacked capital.
Stripe fixed the sh*t show that was payments by creating a really good payments API with clear documentation and a fee structure that was clear and affordable for even the smallest of companies.
Next Stripe created Atlas. Now let me tell you something, as someone that does not live in the US, but had a startup, this was huge. When I had a startup, and was looking for a local payment processor that could process in the US, they wanted to charge me thousands of dollars just to get started and that is when I personally knew a large chunk of their senior management.
Atlas (which I have never been a customer of) made the opening of a company in the US easy a which gives me and countless others access to Stripe, an affordable high quality payment processor.
And I can go on and on about the other things Stripe has done to make payments and finance on the internet better (connect, capital etc.).
Watching the Stripe rocket ship from a far has been amazing. They are changing payments and finance and I look forward to seeing them continue to innovate and push the limits of what can be done.
Congrats Patrick, John and the Stripe team.