Stripe Is Dead: Here's Why

Before Stripe, setting up a merchant processor account was a major pain for everyone involved from management wanting a simple UI/UX to developers wanting ease of implementation.

Fast forward until today, now this is the bar and merchant processing is a commodity. In a commodity, the lowest price wins. Stripe isn't the lowest price.

We just for instance switched to Helcim, a similar UI/UX to Stripe and we are saving 0.05% a year. On top of this, many new entrants have come in to serve certain audiences better (E.g. Square for Retail, Ayden for Enterprise)

Hence, Stripe's days are numbered as they don't have lock-in either and really have no moat.