In a seismic shift that’s rattling the payments world, Stripe has officially morphed into something resembling a bank. After snagging that coveted MALPB status in April 2025, they’re now playing with the big boys – and they’re playing to win.
Let’s be real: Stripe’s been busy. They’re not just processing payments anymore; they’re revolutionizing how global businesses handle money. With support for more than 135 currencies and a stack of local payment methods, they’re making international transactions look easy. The company’s Link payments solution will match card pricing in the UK, Gibraltar, EEA, and Switzerland starting June 2025.
Stripe’s transforming financial frontiers, turning complex global transactions into seamless money moves across continents and currencies.
And now, without those pesky BIN sponsors eating into profits, businesses can expect fatter wallets. The elimination of third-party BIN sponsors means lower payment fees for merchants across the board.
The tech giant isn’t messing around. Major players like NVIDIA, Pepsi, and Cloudflare are jumping on the Stripe bandwagon. More than 300,000 businesses are now using Stripe Billing, and that number’s climbing faster than a caffeinated squirrel up a tree.
Will Gaybrick, their president of product and business, keeps bragging about how Billing is one of their top investment areas. Well, the numbers don’t lie.
Their latest moves are turning heads. With direct connections to card networks and streamlined payment processing, they’re cutting out the middlemen faster than a hot knife through butter.
US businesses can now get their hands on funds within hours – for free. It’s like they’ve strapped rockets to the traditional payment system.
The global reach is impressive. From Japan’s PayPay integration to European payment networks, Stripe’s tentacles are everywhere. They’re making currency conversion and cross-border fees feel like yesterday’s problems.
Their partnership with FreedomPay means even brick-and-mortar giants can get in on the action.
Three companies in a decade have received MALPB designation. Three. And Stripe’s one of them.
They’re not just setting the pace in the payments industry; they’re rewriting the rulebook. With enhanced analytics, improved billing capabilities, and a more stable payment experience, they’re making traditional banking look like it’s stuck in the stone age.
Welcome to the future of payments – whether the old guard likes it or not.
