Stripe the San Francisco-based online payments startup expands into the U.K.
Stripe enables companies to accept credit and debit card payments online. Companies integrate a couple of lines of Stripe code on their websites in order to use the service. Stripe offers code in Ruby, PHP and Python, among others, for a quick integration. Toolkits are also available for native Android and iPhone apps as well for a number of third-party plugins and libraries for WordPress and Drupal.
U.K. users get the same instant activation as provided in the U.S. and Canada, where the company is already active, said Andy Young of Stripe U.K. in a blog post. All major credit-card types are supported and U.K. businesses will be able to charge customers in British pounds, U.S. dollars and Euros, he said, adding that conversions will be handled automatically by Stripe.
Pricing in the U.K. starts at a 2.4 percent transaction fee, plus £0.20 ($0.31) per transaction, plus VAT. In the U.S., Stripe charges 2.9 percent, plus $0.30 per successful charge.
We think that the price offered could be a be a teaser to get a foothold in the UK and European market than gradually increase the price to match the US price.
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Been involved in technology for many years, more than I care to remember. Live in Dundee, Scotland. I like Android, Windows Phone OS, BlackBerry OS and iOS, and love writing about all things techie. Currently have a Honor 6+, Elephone P6000, Nexus 5, Chrombook C720, HTC One M7, Nokia Lumina 625, Microsoft Lumia 435, Blackberry Q10, HTC Hero and iPad mini
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