A Developer-Friendly Payment Processor
Founded in 2010, Stripe (stripe.com) is a web application that allows merchants to accept credit card payments through their websites. The service ranks in the top three of our best merchant accounts for web developers, and its capabilities include recurring billing, accepting bitcoin, and facilitating payments on marketplace-style platforms. Stripe is similar to Braintree Payment Solutions in that it does not charge any setup fees, monthly fees or monthly minimum fees.
Is Stripe Holding Your Funds Right Now?
Thousands of merchants have had their payments frozen by Stripe. If you’re one of them, then you might find these resources helpful:
- How to Make Your Payment Processor Release Your Money
- How to Fight Chargebacks
- Best Merchant Accounts for Hard-To-Place Business Types
Headquartered in California
Interestingly, Stripe has also received investment capital from the founders of another competitor, PayPal. Stripe was founded by brothers John and Patrick Collison, and Patrick currently serves as the company’s CEO. Stripe’s headquarters can be found at 185 Berry Street, Suite 550, San Francisco, California 94107.
- Sales & Marketing: Stripe does not hire independent sales representatives and has received only a few merchant complaints about its sales practices.
- Costs & Contract: Stripe offers a month-to-month contract with no early termination fees.
- Complaints & Service: Stripe has received more than 300 public complaints.
- BBB Rating: Stripe currently has an “A+” rating with the Better Business Bureau based on 417 complaints in the past three years.
- Rates & Fees: How Merchants Avoid Fund Holds With Stripe
Video Introduction to Stripe