Spreedly Offers More Payment Methods With Stripe

Payment orchestration platform Spreedly has expanded on its partnership with Stripe to offer more local payment methods.

“An effective payments strategy is built on working with the right payment partners — and offering the right payment methods,” the North Carolina company said in a news release Thursday (Feb. 10).

“For many merchants and merchant aggregators, this includes offering customers any number of local payment methods to help reach more customers, lower transaction costs and improve conversion rates. Payments Orchestration provides the flexibility to transact with any number of preferred gateways and payment services and allows organizations to easily add to, remove or test new options over time,” Spreedly added.

The partnership will see Spreedly offer additional access to Stripe’s alternative payment methods (APMs) and Radar, an anti-fraud tool available to all Stripe customers, as part of a partnership announced last year, said Andy McHale, senior director of product with Spreedly.

“This latest integration allows joint Stripe and Spreedly customers to offer their customers a variety of payment methods and provides access to Radar, helping to manage the fraud risks associated with accepting payments online,” McHale said.

In November 2021, Spreedly announced it was working with Stripe to combat fraud through Radar. The system works to detect and block fraud by employing machine learning that comes from data from millions of businesses worldwide. That global network processes billions in payments each year, allowing Radar to give every payment a risk score and intuitively stop many risky payments.

Read more: Spreedly Teams with Stripe Radar to Fight Fraud

With the expanded partnership, joint Spreedly and Stripe customers can select from a variety of payment methods popular with customers around the world, including IDEAL, Bancontact, Giropay, EPS, Alipay, Afterpay / Clearpay, Sofort, Przelewy24, Apple Pay and Google Pay.

Founded in 2007 and based in Durham, North Carolina, Spreedly offers a payment services marketplace that optimizes digital transactions and helps enterprises and hyper-growth companies expand their digital business faster.

Launched in 2011, Stripe has headquarters in San Francisco and Dublin, along with offices in cities including London, Paris, Singapore and Tokyo. Stripe’s technology creates economic infrastructure for the internet, with businesses using their software to accept payments and manage their businesses online.