Stripe Unlocks All-or-Nothing Payment Processing Approach (1)

Stripe Inc. is making it easier for merchants to use its financial-services offerings with the technology they already have to process payments.

Companies will no longer be locked in to processing payments with Stripe to access its other products, the firm said. Merchants can use other payments providers — such as Adyen NV or PayPal Holdings Inc. — while also using Stripe’s billing and tax capabilities, for example.

“We’re extending our modularity to the very core of Stripe: payments processing,” Chief Product Officer Will Gaybrick said Wednesday at the company’s annual conference in San Francisco. “All of Stripe’s products will ...