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October 10, 2012 08:00 pm GMT

Stripes New Payments Product Could Be A Boon For Collaborative Consumption, E-Commerce Startups

stripe-connectStripe, the YC-backed payments startup funded by Sequoia and Paypal's original founders, is launching a new way for marketplaces and collaborative consumption startups to let their users directly accept payments. It could be a huge win for early-stage peer-to-peer marketplaces, since many more mature companies in the space like Airbnb have had to go through the hassle of building in payments and fraud detection themselves.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yFPaUhQMiaM/

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