Payments – Stripe’s core product enables businesses to accept payments online and in person. The company markets this as global reach and local expertise, offering support for cardholders available in over 195 countries; businesses are offered local payment methods that are sure to streamline conversion rates and improve customer journeys. Stripe strives to take over each new country’s technical and complex regulatory nuances, allowing businesses to concentrate on – the business.

Subscriptions: This product allows businesses to manage recurring payments and subscriptions.

Billing: This product provides invoicing, billing, and revenue recognition features for businesses and is offered as an add-on service offering, and there is no additional fee for using this product.

Connect: This product enables businesses to pay out to other companies and individuals using Stripe.

Stripe Terminal: This product provides a point-of-sale system for in-person payments. By providing versatile developer tools, pre-certified card readers, and cloud-based hardware management, Terminal enables merchants to integrate their online and offline channels seamlessly.

Businesses can offer their customers a seamless experience across channels, such as reserving online and picking up in-store, by integrating Stripe Terminal into their mobile and web applications using the company’s software development kits. 

This enables merchants to customize the in-store checkout flow. Furthermore, integrating Stripe allows them to manage all their online and offline sales in one place, simplifying reporting and reconciliation while providing a unified customer view. The Stripe Terminal is compatible with Stripe Payments, Connect, and Billing, making it easy to streamline operations.

Stripe Checkout – this is a prebuilt, hosted payment page optimized for conversion. Whether businesses offer one-time purchases or subscriptions, they can use Checkout to accept payments online easily and securely.

Stripe PaymentLinks – a no-code payment solution. Merchants can start accepting payments quickly and without any coding by creating Payment Links, which allow you to sell products or services, start subscriptions, or collect donations. Businesses can customize the look of the links to match their brand and share them anywhere, with the same link being used across multiple channels. Once payment is received, they will receive a notification, and the funds will be deposited into their bank account.

Stripe Elements – Stripe provides a suite of customizable UI building blocks to design a secure and optimized payment experience that matches the look and feel of merchants’ branding and website. These components are easily customizable with CSS-level styling and come equipped with built-in accessibility features, input masking, autofill, and more, saving development time and reducing user confusion. 

By integrating with Stripe, businesses can access 25 payment methods and manage them from a single Dashboard, making it easier to reach more customers and unlock new markets. Stripe’s platform also meets industry certification standards to help keep payments safe and reduce compliance burdens for your business.

Stripe Apps and Integrations – Stripe partners provide organizations with the necessary tools and support to accelerate their business at any stage. These partners drive innovation, offer financial services, and transform financial infrastructure to enable the expansion of companies into new markets, both locally and globally. Organizations can streamline their operations and unify their reporting by integrating existing technology stacks, automating processes, and simplifying workflows. Stripe Apps provide additional support for businesses to set up recurring invoices or subscriptions and streamline tax collection and calculation.

Stripe Tax – this is a solution that automates tax calculations and collections for businesses, enabling them to comply with tax laws and regulations in over 130 countries and most US states. The service simplifies tax compliance and helps companies to focus on scaling their operations. With Stripe Tax, businesses can add a single line of code or click a button in the dashboard to start collecting taxes globally, know where to register for taxes, automatically calculate and collect taxes, and file and remit taxes with ease using comprehensive reports. Stripe Tax validates the EU VAT ID and Australian ABN number when necessary and accurately calculates the right amount of tax to be collected based on the customer’s precise location.

Stripe Atlas – this platform helps entrepreneurs launch their startups by simplifying the process of forming a company. By filling out a short form, Stripe Atlas creates the legal framework for a company, files the necessary paperwork, and applies for the Tax ID number to have a business set up within a few days. The platform also allows issuing stock to founders and activating a Stripe account to start accepting payments. Additionally, Stripe Atlas provides access to a supportive community for personalized help and learning best practices.

Stripe Revenue Recognition – Stripe Revenue Recognition is a solution built into the Stripe platform that automates and simplifies the accrual accounting process for businesses, allowing them to close their books quickly and accurately. When it comes to getting a business’s financial statements compliant with IFRS 15 and ASC 606 revenue recognition standards, it’s better to leave it to the experts. Sure you can pay more to an accountant to do that, or businesses can also cut down on both time and expenses by using this feature.