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Stripe brings its card issuing service to Europe
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Stripe Issuing allows business to create and manage payments cards for managing expenses from customers and staff.
Fresh off its $600m round, Stripe has begun rolling out its card issuing services for businesses in Europe.
Stripe Issuing allows business to issue and manage virtual or physical payments cards and is being launched in 20 European markets, including Ireland. The service is already up and running in the US where it has processed “billions of dollars” in its first year.
According to the company, these cards can be used by businesses’ employees or their customers with controls on spending limits with blocks on certain merchants or expenses. Integrating with Stripe Dashboard, businesses have an overview of how and where the cards are being used.
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Stripe Issuing launches in Europe 4 hours ago
Source: Stripe Today, Stripe launched Stripe Issuing in Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain, and the UK. Stripe Issuing enables users to create, manage, and distribute virtual and physical payment cards, giving businesses more control over how they spend their money.
Whether it be an on-demand delivery marketplace giving couriers cards to pay for orders, or a car rental company providing cards for drivers to purchase petrol, Stripe Issuing puts businesses in complete control of how, where, and when their money is spent.
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