In our high tech world, the shopping has taken on a whole new form. And new generation doesn’t go in shopping stores. They just love the concept of online shopping. Moreover, it’s easy, convenient and you can find just anything and everything you need and want, and never have to leave your house for shopping.

Stripe is an online payment system that is taking the business world by storm. Stripe is a US-based technology company which allows both private individuals and businesses to accept payment over the internet. This is how Stripe works. Stripe works in almost 25 countries. In just 6-month time span, Stripe developed a model for an online payment benefit. At first, it joined forces with payment firm to do it operations.

Stripe was established in 2009 as an approach to enable anybody to acknowledge Mastercard instalments on the Internet. It wasn’t the first to do this, as PayPal had been around for over 10 years by then, yet the organization’s thought was to make it less demanding than at any other time. The other thing is Stripe is ever evolving and improving the software.

The thought was clearly effective, as Stripe currently forms billions of dollars a year for a large number of organizations, including TwitterKickstarter, Shopify, Salesforce and Lyft.

How does Stripe Work?