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Stripe is a technology company that provides economic infrastructure for the internet. Launched in 2010 by Patrick and John Collison, Stripe's suite of services enables businesses to manage online payments, subscriptions, and other financial transactions with ease and security. One of Stripe's main advantages is its powerful APIs that let developers integrate complex financial transactions directly into their websites or applications. With a few lines of code, businesses can accept payments, manage subscriptions, create marketplaces, and more. Stripe's APIs are complemented by its comprehensive documentation and active developer community, which makes it a preferred choice for developers worldwide. In terms of payments, Stripe supports a wide range of payment methods, including all major debit and credit cards, as well as many country-specific payment methods. This versatility makes it a go-to solution for businesses looking to expand globally. Another standout feature is Stripe's multi-currency capabilities. Businesses can accept and send payments in over 135 different currencies, which are automatically converted into their preferred currency at a competitive rate. In addition to handling payments, Stripe also offers a suite of business operations tools. Stripe Billing enables businesses to build and manage recurring business models, while Stripe Sigma provides sophisticated reporting and analytics. Stripe is also known for its strong commitment to security. It uses machine learning algorithms to detect fraudulent transactions, and it assists businesses in maintaining PCI compliance. Furthermore, Stripe Connect allows businesses to set up their own platforms or marketplaces, managing payments and payouts to multiple parties. In recent years, Stripe has expanded its offerings to include banking services with Stripe Treasury and issuing cards with Stripe Issuing, further extending its commitment to building economic infrastructure for the internet. In conclusion, Stripe's extensive suite of tools and services, combined with its robust security measures and global reach, make it an integral part of the financial infrastructure of many online businesses.
