Stripe
Stripe, a financial infrastructure platform for businesses, today announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products for the French market since launching in the country in 2016.
New advanced payments solutions for French businesses on Stripe
Starting this summer, Alma, the leading buy now, pay later (BNPL) provider in France with over 4 million active users, will be available as a payment method for all Stripe users. It can be turned on directly from the Stripe Dashboard with no code required. Alma is one of 100 payment methods available in Stripe’s Optimized Checkout Suite (OCS), including Apple Pay, PayPal, and Alipay. French retailer La Redoute has more than $1 billion in annual revenue, and immediately unlocked 2% of additional income, simply by switching to OCS.
New Stripe Terminal features to help French businesses unify online and offline commerce
Stripe is accelerating the deployment of Stripe Terminal’s unified commerce capabilities in France. Planity, Frichti, and Hertz already use Terminal to unify their online and offline revenue streams. Highlights include:
- Stripe’s latest smart reader, Stripe Reader S700, is now available in France. The S700 provides a fully customizable platform for bespoke commerce experiences like taking orders, offering loyalty programs, collecting customer information, and more. For example, a restaurant might want to customize the S700 for preset tableside orders, payments, and tips, while a fitness studio might want to accept payments for single classes and offer membership options to their customers.
- Stripe has introduced a pre-built integration with Cegid, a leading retail unified commerce point-of-sale solution. Businesses using Cegid can now easily use Terminal to collect in-person payments without writing any code.
- Later this year, Stripe will enable CB on Terminal, helping merchants optimize cost and conversion seamlessly either via Visa, Mastercard, and CB, whether customers are paying with Apple Pay, a credit card, or their favorite payment method.
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