Stripe Terminal system to offer new options in mobile payments

Wednesday 26 September 2018 00:18 CET | News

Stripe has introduced the Stripe Terminal system, allowing online businesses to make sales over mobile apps.

Stripe Terminal is a mobile point of sale (mPOS) system that combines a set of software development kits (SDKs) and application programming interfaces (APIs) to produce a complete checkout experience over not only web apps, but also mobile apps as well.

Stripe hardware is ready for Europay/Mastercard/Visa (EMV), as well as for contactless payment methods like Apple Pay and Samsung Pay. Some businesses like Glossier and Warby Parker are using Stripe Terminal to drive both in-store and online payments.

John Collison, Stripe’s president and co-founder suggests that with Stripe Terminal, they are introducing a way for internet-first retailers and SaaS companies to leapfrog legacy retailers in building customized payments experiences for in-store purchases that match what they’ve built online.

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Keywords: mobile payments, Stripe, online business, mobile apps, in-store purchases, retailer
Countries: World