Stripe advances into POS, financing
P ayments analysts are discussing Stripe's recent moves into countertop terminals and alternative financing, which some say are consistent with the company's core values and strategy. In a Sept. 18, 2018, interview with TechCrunch journalist Jason Del Ray, Stripe co-founder and CEO John Collison said the terminal is designed to unify the online and in-store customer experience.
Collison pointed out Stripe's POS solution will use pre-certified card readers manufactured by BBPOS and Verifone and has a targeted launch date of early 2019. Warby Parker and Glossier have already optioned the product, he noted; additional merchants can participate in beta testing.
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