Product roadmap: Payments

Product Roadmap: Payments

We’re here to discuss your business needs.

Speakers

John Affaki, Business Lead, Payments, Stripe
Susan Lee, Product Marketing Lead, Checkout Experiences, Stripe
Nicole Paglia, Product Marketing Lead, Core Payments and Strategy, Stripe
Roshan Sadanani, Product Lead, Payment APIs + Multiprocessor, Stripe

Discussion

JOHN AFFAKI: Thank you, thank you, thank you, and good morning everybody. I hope you’re having a great Sessions week. It’s an incredible pleasure to host you all. In order to build that roadmap, we have to think about the trends of what’s going to shape the industry over the next five to ten years. Your feedback is very important, whether it’s an online comment, a form, or meetings.

Goals

  1. Better payment performance: Maximize auth rates and minimize fraud and costs.
  2. More flexibility: Integrate with existing payment setups and third-party tools.
  3. Ease of global expansion: Start as a global-enabled company to quickly create localized buyer experiences.

New Payment Launches

We're going to discuss upcoming features related to Revenue, Connect, and Money Management.

Payment Performance

NICOLE PAGLIA: Roughly 1 out of every 10 payments fails. Many of those declined are legitimate sales. We built the Payment Intelligence Suite to help optimize auth rates, fraud detection, and costs.

Authorization Boost: This feature boosts your auth rates by 2.2% on average. It uses AI for real-time decision-making.

Radar: Helps stop fraudulent charges. It reduces fraud by 38% on average and adapts to new trends.

Smart Refunds: Proactively recommend payments to refund. We’re catching 26% more fraud in our pilot with this extra check.

Flexibility and Integration

ROSHAN SADANANI: We’re making Terminal more flexible to support third-party hardware and existing tech stacks. This includes integrating with providers like Oracle and FreedomPay.

Global Expansion

SUSAN LEE: With Stripe Managed Payments, we take care of complex compliance issues, so you can focus on growing revenue. We’re expanding local buying experiences, including Adaptive Pricing, which localizes prices in over 150 countries.

AI Integration

We’re using AI to personalize payment methods based on customer preferences and enhance layouts to boost conversion rates.

Upcoming Features

A comprehensive view of your business performance is coming soon with a global command center in the Stripe Dashboard.

Conclusion

Thank you all for being here. I hope this peek into our payments roadmap has been valuable to you.