Atlassian partners with Stripe to create a single platform for global billing and payments

Thursday 4 March 2021 13:53 CET | News

Atlassian has partnered with Stripe to simplify and scale its global payments and billing systems for its USD 1.6 billion in software revenue.

According to the press release, Atlassian chose Stripe to consolidate its payments and billing systems into a single, easy-to-use architecture. In scoping out the partnership, Stripe and Atlassian worked closely together to design a suite of custom features to help Atlassian increase its revenue as its enterprise product suite expands.

Furthermore, Stripe's Billing solution is powered by a machine learning architecture that is constantly learning from over 100,000 businesses on the Billing network. Besides, thanks to the flexibility of Stripe’s core Subscription API, Atlassian can now instantly schedule subscriptions, customise their pricing models, and fully automate B2B payment support.

Overall, as Stripe’s infrastructure serves as the connective layer across Atlassian’s subscription offerings, the company can reduce operational costs, leading to further opportunities to maximise revenue.

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Keywords: Stripe, B2B payments, machine learning, subscription payments
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce