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Mobile payments and Stripe

Apr 13, 2022· 3 min· 492 views·Watch on YouTube

An unnamed Callstack speaker discusses Stripe, payment processors, and payment methods on The React Native Show; no guest or speaker name is stated.

A business asks why Stripe

The speaker imagines a business owner asking a developer to implement payments. The developer recommends Stripe after hearing about it on The React Native Show, prompting questions about what Stripe and payment processors offer.

Stripe handles payment infrastructure

The speaker describes Stripe as infrastructure for accepting payments online. Businesses can make an API call without directly managing relationships with banks and financial institutions.

Accepting payments without building everything

A custom payment system involves more than writing code: it can also mean dealing with banks. Stripe handles that background work, allowing a business to focus on accepting payments through a card component.

Support for different payment methods

The conversation names credit cards, Poland’s BLIK, and payment vouchers as examples of payment methods. OXXO in Mexico is given as a voucher example.

Takeaways

  • Building payment infrastructure can involve bank relationships as well as software.
  • Stripe provides an API-based way to accept payments while handling financial institution connections in the background.
  • Payment options vary by market; examples mentioned include BLIK in Poland and OXXO vouchers in Mexico.

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