Stripe vs Venmo
Last updated: April 06, 2018
Stripe is a suite of APIs that powers commerce for businesses of all sizes. Stripe is a developer-friendly way to accept payments online and in mobile apps. We process billions of dollars a year for thousands of companies of all sizes.
Make and share payments. Connect with people, send money for free, and cash out to any bank overnight. Venmo uses bank-grade security systems and data encryption to protect you and prevent against any unauthorized transactions or access to your personal or financial information. Sending money on Venmo is completely free as long as you use a bank account, supported debit card, or Venmo balance to fund your payments.
Face to face in the news:
2015 - Stripe released iPhone app for monitoring payment activity. Venmo is in panic
Stripe, a service that companies can use to accept payments, has a new way for businesses to track purchases and user activity — an iPhone app. It does basically everything its existing online dashboard does, but brings it to an interface more suited for a mobile device. Businesses can also set up notifications for whenever a payment or purchase is made or set up a daily summary. Stripe’s iPhone application also has a search function. But a mobile application is naturally good to have around. For a business owner stuck in traffic in a taxi, Uber or Lyft (don’t look at your phone while driving, please), or riding some kind of public transportation, it’s a good way to get a quick update to what’s happening.