Oct 12, 2020

Stripe: Driving the New Era of E-Commerce

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byChris Haughey

Posted on Oct 12, 2020

Right now, the online world is alive with digital disruption, interactive technology, and immersive gamified experiences. By comparison, the business of payment processing seems somewhat... dull. 

And yet, payment processing is an integral aspect of every industry, growing in importance as the eCommerce revolution and mobile shopping shift into overdrive. Similarly, remote working models demand more flexible payment options, such as for companies who need to pay international freelancers.

Many people thought these challenges in online payments were sorted with PayPal, but despite its best efforts, the problems persisted.

Two brothers from a small town in Ireland were fully aware of this - and that’s why they created Stripe. In less than a decade, these brothers turned seven lines of code into a Silicon Valley juggernaut worth $20 billion, handling payments for some of the biggest digital giants in the world, including Amazon, Facebook, Salesforce, and Shopify. 

Not so dull after all, then.

So, how did this happen?

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Chris Haughey

Chris Haughey is a creative copywriter and journalism graduate with a desire to educate more people about all things digital. Over the past decade, he has specialized in creating engaging online content for innovative brands in eCommerce, AI, MarTech, and PPC advertising. You can find him on LinkedIn