Visa Inc. and Stripe, a mobile and online payment provider, have announced a strategic partnership to support new technologies and online payment experiences for merchants, developers and consumers worldwide.
Through this alliance, Stripe will accelerate its international expansion, particularly in emerging markets, accessing Visa’s global footprint through its acquiring and issuing partners, according to the partnering companies.
To support this growth and joint long-term initiatives, Visa has also made a strategic investment in Stripe, the online payment provider says.
[blockquote right=”pull-right”]“Working together, the companies will enable a global payments solution for new e-commerce experiences like “buy buttons” and new innovations to come. Stripe will also be one of the first beta partners to connect to Visa’s network capabilities via APIs and SDKs, offering their developer community access to payment and risk management services, Visa’s tokenisation service and security technologies.” [/blockquote]