Stripe, the payments startup, has today opened a closed Beta of its platform in the UK. For now it will be limited to an undisclosed number of partners, but will be gradually “trickled out” to the current waiting list of developers and start-ups which apparently run into “thousands.”
According to cofounder Patrick Collison, speaking on stage at London Web Summit, Stripe’s UK launch will provide the same “batteries-included” stack that they offer in the US: full API for web and mobile payments, recurring billing support, stored payment credentials, instant activation, and easy PCI compliance.
Stripe’s UK beta will enable GBP and USD payments on Visa and MasterCard cards. Euros are “coming soon”.
Strip is disrupting traditional payment processing companies like PayPal and Visa, by not having any setup fees, no monthly fees, no minimum charges, no validation fees, no card storage fees, and no charges for failed payments. Stripe…
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