Stripe and Bigcommerce Sign A Partnership

Posted Jul 16, 2013

is a payments startup company that has signed a partnership with e-commerce platform company Bigcommerce, according to VentureBeat.  Stripe Connect will be integrated with 35,000 of Bigcommerce merchants.  Bigcommerce merchants will be able to collect online payments directly from their own websites without being redirected to another page.

Stripe Connect will also allow merchants to set up and start using their online payments in minutes rather than weeks.  Stripe Connect for Bigcommerce has launched today in the U.S. and Canada, which will allow merchants to accept all major credit cards including Visa, MasterCard, American Express, JCB, Discover, and Diners Club.

Merchants are charged 2.9% plus $0.30 per successful transaction.  Discounts are available for high-volume merchants.  Some of Merchant’s clients right now include Foursquare, Pebble, and Lyft.

Founded in 2011, Stripe raised around $42 million in total funding.  The company’s investors include Peter Thiel, Max Levchin, Elon Musk, Sequoia Capital, and Andreessen Horowitz.