Stripe Launches Beta Test in U.K.
March 7, 2013
Stripe, a San Francisco-based online payments startup, has launched its service on a limited basis in the U.K. As it does in the U.S., Stripe enables e-commerce businesses to accept credit cards by inserting several simple lines of code on their Websites. The company began operating internationally last fall when it expanded into Canada .
“Stripe’s U.K. launch will provide the same batteries-included stack that we offer in the U.S.,” the company said in a statement. “A full API for Web and mobile payments, recurring billing support, stored payment credentials, instant activation, and easy PCI compliance.”
In the U.S., companies like Foursquare, Reddit and Shopify use Stripe to accept credit cards online. The company charges 2.9 percent plus 30 cents per transaction in the States, but did not indicate what it would charge British merchants. The company said “thousands of U.K. companies” are on a waiting list for the service.