A guide to payments provider RFPs
The breadth of Stripe’s platform reflects our underlying philosophy: payment processing, as it’s been traditionally thought of, is too narrow an offering to address what most businesses are trying to solve for when they’re looking for a payments provider. Over the last decade, payments has evolved from a cost center to a strategic lever for innovation, revenue growth, and business transformation.
Many businesses that come to Stripe are looking to switch from an inflexible legacy system to one that is easier and less costly to maintain. They want a modern provider with a breadth of capabilities that can unify transaction data across systems, unlock the innovation potential of their business, and fit into their existing technology stack.
In response to these needs, Stripe’s platform has evolved to become more modular and interoperable, while offering both core payment processing as well as checkout optimization, fraud detection, billing, revenue recognition, reporting, and more.
In this guide to a payments processor Request for Proposal (RFP), we’ve captured the most essential, as well as overlooked, capabilities you should consider in a payments provider.
