Financial infrastructure platform Stripe has made its range of unified commerce solutions available in Australia, enabling Australian businesses to accept in-person payments using the ‘Stripe Terminal’ and ‘Tap to Pay on Android’.
According to Stripe, more than three-quarters of consumer payments are currently made with cards.
“We are excited to help more Australian businesses unlock the power of unified commerce with a single integration, to drive conversion and create cohesive experiences across siloed channels for businesses,” said Karl Durrance, managing director for Australia and New Zealand at Stripe.
Platforms Abacus, FareHarbor and Splose are already using Stripe Terminal, which is fully compatible with Stripe’s payments platform and Stripe Connect, to “power” unified commerce for businesses in Australia.
Peter Ling, chief executive officer of Abacus, added: “The integration of back-end financial operations with contactless front-of-house transactions provides a seamless customer experience and optimizes efficiency.
“We are proud to offer business owners a unified commerce solution powered by Stripe Terminal.”
Being able to accept in-person contactless payments enables Australian platforms to reach markets and verticals that do not traditionally use payments hardware, Stripe said, such as tour guides, stylists, or plumbers.
Earlier this year, BMW of North America selected Stripe as its primary payments infrastructure, meaning that the ‘BMW ConnectedDrive Store’ and the ‘My BMW App’ payments run on Stripe.
Stripe has also been chosen by OpenAI to power payments for ChatGPT Plus and DALL·E, and will also incorporate OpenAI’s new natural language technology, GPT-4, into its products and services.