US online payment platform Stripe announced that it will soon begin providing payment solutions to e-stores in the United Arab Emirates.
According to (Arabian Business), the company, which was incorporated in the United States and Ireland, announced in a press release that it intends to soon expand its global payments network, and increase the reach of the Group Its programs and services to help ambitious companies generate more revenue. Payment solutions will soon be available to thousands of companies in the UAE.
The CEO of the company, founded by Irish brothers John and Patrick Collegon, announced the success of (Strip) in a new financing round that will allow the expansion of the network of payment solutions to many countries. Yesterday, the company became the most expensive private company in Silicon Valley after its market value reached $ 95 billion.
The company offers one of the most prominent electronic payment gateway technologies and services for a competitor (Paypal) in the field of payment gateways and electronic financial transactions, and is characterized by easy integration with applications and websites. p>
(Stripe) provides online store owners with a way to receive customer payments through various types of bank cards such as Visa, MasterCard and others, and charges around 2.9% for each payment.
Stripe gates are used for electronic payment in Saudi Arabia, Egypt, Morocco and other countries, although they do not provide direct support in these countries. Britain as a country for the company through a virtual server VPS, or establishing a company account in the United States to use Stripe Atlas by the official ways through which it is possible to create a Stripe account for people outside the United States.
It is reported that the company was founded in Ireland and the United States of America in 2011, and the company quickly grew to allow this service to online store owners to easily withdraw funds to transfer them from Stripe to their bank accounts.
