Stripe has been a collaborator with OpenAI on the development of GPT-4. They have integrated GPT-3 into their customer service program, Stripe Support, to help agents fix problems faster. Stripe employees have brainstormed a list of 50 possible applications for GPT-4, with 15 strong enough to already be put into practice. These applications focus on better understanding the businesses of their customers, providing support for questions about documentation, and monitoring for fraud.
Stripe is a comprehensive suite of APIs that powers online payment processing and commerce solutions for internet businesses of all sizes. It is designed to help businesses accept payments, send payouts, and manage their operations online.
Here are four key features of Stripe
- Modular Solutions: Stripe offers a fully integrated suite of financial and payments products. It helps businesses reduce costs, grow revenue, and run more efficiently on a fully integrated platform. It can handle all payments-related needs, manage revenue operations, and even launch new business models.
- Global Payments Optimization: Stripe allows businesses to increase authorization rates, optimize checkout conversion, and offer local payment methods in every market. It supports recurring business models, minimizes churn, and automates finance operations.
- Multiparty Payments and Payouts: Stripe enables businesses to integrate payments into their platform or marketplace for end-to-end payments experiences. It also allows for the creation of custom cards and the management of a commercial card program without any setup fees.
- Designed for Developers: Stripe provides powerful and easy-to-use APIs that save engineering time with unified payments functionality. It offers client and server libraries in various languages, no-code options, prebuilt integrations, and the ability to build an app on Stripe.