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As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Virtual card issuance. Business lending and corporate cards.
The software provider used those credentials to plug into their merchant services gateway and begin processing the merchant’s transactions. The end game, Aberman said, is to make payments so fully integrated into the software that there is no need for the SMB to interact with a standalone merchant services provider.
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