Industry

How we tested the conversion impact of global payment methods

Parker Zhao Data Science, Payment Methods
Adam Rinehouse Engineering, Buyer Experience
Blog > How Stripe tested the conversion impact of global payment methods > Index preview

Last week, we shared new data that helps businesses understand the conversion and revenue benefits of offering different payment methods. Now we want to share how we ran the experiment. As we explain in the rest of this post, we had to test millions of combinations of payment methods while ensuring that we maintained a consistent shopping experience for customers.

Read more 

Product

Using AI to create dynamic, risk-based Radar rules

Adit Gupta Engineering, Payments Intelligence
Yu-Hsin Lin Product, Radar
Natália Coelho Mendonça Engineering, Payments Insights
Ariel Sagalovsky Data Science, Payments Intelligence
Blog > Adaptive Radar > Index

Last month, we improved our AI tooling to give you even more flexibility when combating fraud. Now, Radar’s new rules combine our machine learning models with the issuer’s CVC and postal code response in real time. This can help you minimize fraud while worrying less about accidentally blocking legitimate revenue.

Read more 

Recent highlights

Alma available in France

Give customers in France the option to pay with Alma, so they can choose to complete their purchase in two, three, or four installments—while you get paid immediately.

Pay by Bank available in the UK

Businesses in the UK can now offer Pay by Bank. Accept payments in real time, and reduce payment costs with Stripe’s open banking–powered payment method.

Amazon Pay available in the US

Businesses in the US can now offer Amazon Pay. Allow your customers to pay using the same checkout experience that millions of Amazon customers know and trust.

Manual payouts now faster in UK

Manual payouts will now land in your bank account on the same business day due to new local banking integrations in the UK. No extra fees, no integrations changes needed. 

Cash App Pay available in US

Businesses in the US can now reach new customers with Cash App Pay. Allow customers to pay with the wallet that's number one in both app stores.

Introducing Stripe Reader S700

Build custom experiences for interactions from ordering to loyalty management—or run your custom POS on an all-in-one device.

BNPL support expanded globally

Businesses can now accept more buy now, pay later methods globally through one integration on Stripe: Klarna in AU, NZ, CA, CH, PT, PL, CZ, and GR; Affirm in CA. 

Collect payment details before creating an Intent

Integrating and upgrading to the Payment Element is now easier than ever with server-side confirmation and a new integration path that lets you collect payment details before creating a PaymentIntent or SetupIntent.

Automatic currency conversion

Businesses in the US and Canada using Checkout and Payment Links can now dynamically localize pricing to 30 countries with one click in the Dashboard.

Terminal expands to more countries in Europe

Businesses can now accept in-person payments in Switzerland and Norway with Terminal's flexible APIs, SDKs, and pre-certified card readers.

Changelog

Go to changelog 

  • Connect

    Platforms using Stripe Connect and Stripe Billing can now reduce transaction costs by collecting subscriptions from their connected accounts’ Stripe account balance (preview). Learn more 

  • Payments

    You can now easily integrate and route payments to other processors with full visibility and control (preview). Learn more 

  • Development

    You can now create sandboxes for your organization that mirror your live mode account structure so you can test your organization’s payment integration. Learn more 

  • Sigma

    Visualize and understand relationships between reporting tables through an interactive entity relationship diagram (ERD) available to all users in docs. This makes it easier for Sigma and Data Pipeline users to explore and query data across multiple tables. Learn more 

  • Tax

    Stripe Billing and Checkout users who use a third-party tax solution like Anrok, Avalara, and Sphere can now integrate those solutions with Stripe Tax apps (preview). Learn more 

  • Radar

    You can now request access to Stripe’s dispute prevention solution to automatically resolve disputes across Visa and Mastercard transactions (preview). Learn more 

  • Radar

    Radar users can now request access to Radar risk scores for transactions processed outside of Stripe. Learn more 

  • Connect

    Platforms can now use the Accounts v2 API to create one object representing a connected account across Stripe Connect and Stripe Billing (preview). Learn more 

Changelog

Go to changelog 

  • Tax

    Stripe Tax is now an all-in-one global tax compliance solution. It manages obligation monitoring, registrations, calculations, collections, and filings—all in one place. Learn more 

  • Capital

    Platforms can now provide access to financing offers for their connected accounts located in the United Kingdom. Learn more 

  • Payments

    Businesses in the US can now offer Pix, a popular local payment method in Brazil with more than 150 million customers. Learn more 

  • Payments

    Businesses in the US can now offer UPI, a popular local payment method in India with more than 350 million customers. Learn more 

Product

How we built it: Usage-based billing

Taras Mitran Billing Experience
Karan Dhabalia Usage-Based Billing
Blog > How we built it: Usage-based billing > Index image

We created a usage-based billing system with an accurate and highly available revenue ledger; real-time events processing with ultrahigh throughput billing; and the ability to support complex pricing models and accurate billing, even in the face of delayed events. Doing so required reimagining how to build a highly scaled, highly reliable event streaming platform.

Read more 

Like this post? Join our team.

Stripe builds financial tools and economic infrastructure for the internet.

Have any feedback or questions?

We’d love to hear from you.