Stripe Enhances Payments Platform

Stripe announced direct connectivity with six major card networks, offering increased revenue and reliability for its users.

New revenue optimization engine aims to minimize false card declines, potentially increasing businesses' revenue by $2.5 billion.

Stripe Issuing, a self-serve card issuing API, is now available to all US businesses, reducing card creation time significantly.

The platform's update is particularly beneficial for enterprise clients handling large volumes of transactions.

Direct network integrations and machine-learning optimizations are expected to improve transaction authorization rates.