The new iPhone app does basically everything its existing online dashboard does, but brings it to an interface more suited for a mobile device. Businesses can also set up notifications for whenever a payment or purchase is made or set up a daily summary. Stripe’s iPhone application also has a search function.
But a mobile application is naturally good to have around. For a business owner stuck in traffic in a taxi, Uber or Lyft (don’t look at your phone while driving, please), or riding some kind of public transportation, it’s a good way to get a quick update to what’s happening.
The company is quickly expanding into international markets, and many of these markets are dominated by mobile usage. Even though someone may be running a business online through a desktop device, they may simply prefer to use a mobile application.
Stripe is also one of the most popular ways to handle payments because it’s easy to implement and use, helping businesses begin accepting payments for purchases or subscriptions in a very short amount of time. That popularity has made Stripe a $3.5 billion business. Stripe raised $70 million in December last year, bringing its total amount to more than $200 million.
The app is available today to all Stripe customers.