Stripe Continues To Grow

Alex Wilhelm at The Next Web:

Popular online payments processing service Stripe hit an interesting milestone yesterday, processing more money in a single 24-hour period than in its first two full years in business.

It’s great to see Stripe doing so well. PayPal had complete control over the internet payments market for so long and while Stripe doesn’t offer exactly the same functionality as PayPal (instead of acting as a service, Stripe acts as more of a protocol) it’s obvious that there was enough room in the market for something of its nature. International expansion is next on the agenda for the payments company and I very much look forward to the upcoming launch in the UK.

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