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Question everything. Every stripe, every star, every word spoken. Everything.
Stripe is building payment infrastructure for the Web, so we make it easy to accept credit cards online. Before Stripe, the way you'd do this is using the legacy banking structure. It was slow, it was complex, it was expensive. It had this very chilling effect on e-commerce.
Our goal definitely isn't to sell Stripe.
This was 1978, when flying was still an occasion, a special grand event that took planning and care. I worked as a TWA flight attendant then. I stood in my Ralph Lauren uniform at the boarding door and smiled at the passengers through lips coated with lipstick that perfectly matched the stripe on my jacket. Mostly, the passengers smiled back.
When a country doesn't have a good economic infrastructure, that harms the country. With Stripe, the idea is that by providing better infrastructure, by linking the Internet economically, by making it easier for these online businesses to exist, it'll make the web better.
It's easy to talk to people over the Web, but it's not very easy to trigger transactions. That's the thing we set out to fix with Stripe.
Stripe makes it easy for anyone, be it an individual or a small business or a large business, to accept credit card payments on the Internet. We want to give control to the user or the business to define what the experience looks like. We work on a website or a mobile app, or whatever between that.
Stripe really did come about because we were really appalled by how hard it was to charge for things online.
With PayPal, you have to send people over to their website... whereas with Stripe, we offer a way to integrate payments into the website, on the website or into a mobile app. That is what all the best businesses care about, so we make it very easy, very fast, very simple and very cheap to do this.
With Stripe, people who previously operated online or offline in a very limited capacity now have all the tools to work like a real online business. That's a very valuable thing.