September 19, 2016Blog Posts

Stripe teams with Visa, Mastercard in seperate deals for faster instant payouts

Mobile Payments Today:

Stripe, an ecommerce payments provider, has announced two separate deals with Visa and MasterCard to improve the instant payout feature Stripe uses on its marketplaces.

Instant payouts are available to U.S.-based sellers—including drivers, delivery people, errand runners, caregivers, or other contractors—in marketplaces in the U.S. running on Stripe Connect. Examples of marketplaces on Stripe today include Postmates, Instacart and iCracked.

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