Online payment service Stripe launches for UK business

The online payment service Stripe has arrived in the UK, according to CEO and co-founder Patrick Collison.

The CEO of online payment platform  Stripe has announced that the service will be available, in beta, to companies in the UK from today.

The UK launch of the service, previously only accessible by businesses in the US and Canada,  was confirmed by Stripe CEO and co-founder Patrick Collison at the London Web Summit.

"We 're going to start bringing the thousands of companies on our waiting list onto the platform in the coming weeks," said Collison.

"After that we're going to be working on the rest of Europe."

The company, which employs about 45 people, will also be hiring staff in the UK capital he said. The company has grown to the point where it handles millions of dollars in transactions every day, he added.

Stripe provides a payment platform that businesses can embed into their websites to support online transactions. Although many of its customers are small and medium-sized businesses, its client list also includes larger firms, such as the US retail giant Walmart.

The payments platform is made available through a API - with documentation for CURL, Java, JavaScript, Python and Ruby - so clients are free to customise the interface that sits on top.

Stripe recently released jQuery.payment , a general-purpose library for building credit card forms, validating input and formatting numbers.