Stripe and Australian Company Zip Team Up to Advance Online Payments
Stripe, a digital payment processing company has partnered with Zip. This is a great way to buy now pay later (BNPL). The collaboration promises flexible payment options for online merchants. Stripe allows purchases to be split into four installments over six weeks.
Partnership to expand reach
Zip has been in the news recently for its high-profile partnership. Their collaborations include integrations with Mastercard, Google Pay, and other payment methods. George Eliopoulos emphasized the importance of Zip’s Chief Commercial Officer. The partnership with Stripe is similar to other efforts of the company.
The initial focus of this partnership is on online merchants who can now offer their customers an additional payment option. Zip’s recent wave of collaborations shows its strategic focus on expanding its presence in a highly competitive BNPL market.
Are more partnerships on the horizon?
Eliopoulos hinted that Zip may still be in development and not fully ready yet. He will soon announce new partnerships with major payments companies but did not provide any specifics.
Stripe and Sage, a UK software company announced a partnership last month to help small businesses manage their cash flow.
Stripe Capital is a new financing option that allows businesses to access capital and expand their business.
Stripe will reinstate payments using cryptocurrency assets after its discontinuance including BitcoinThere were no transactions six years ago.
This will reportedly allow them to benefit from faster transactions and lower fees when using digital currencies.
rnrnStripe’s new platform uses business transaction history to determine eligibility. Companies eligible for the service are contacted. Repayment is made the next day after the funds are received. This allows companies to earn profits faster.
Stripe has announced that it will reinstate payments with cryptocurrency assets after its discontinuation, including Bitcoin. There were no transactions six years ago, but now the fintech company will allow merchants to accept payments with stablecoins as well. This reportedly enables them to benefit from faster transactions and lower fees when using digital currencies.=”13:58 GMTrnrn” aspect-ratio=”1.8″ width=”2000″ height=”1111″ loading=”lazy”>
Fintech payments
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