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stripe

Limerick natives Patrick and John Collison’s Silicon Valley start-up Stripe has the potential to transform the plumbing of e-commerce globally and after signing up thousands of businesses large and small around the world they’ve launched the platform in Ireland today.

Ireland is the fourth country – and first Eurozone country – in which Stripe has launched at this stage and intends to shake up the established order of payment solutions currently “dominated by lumbering incumbent banks.”

The company’s technology provides functionality to make it easier for website owners to enable transactions, getting rid of the long drawn-out shopping cart approach and making payments as seamless and easy as buying apps or content on an iPhone.

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Written by The Science Squad