SAN FRANCISCO—Payments giant Stripe has announced it is now offering card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specific purposes, Tech Crunch Reported.
It is one of three new solutions the company is introducing. It’s also going to expand the number of accepted local, large card networks to cut down some of the steps it takes to make transactions in international markets.
“And finally, it’s launching a revenue optimization feature that essentially will use Stripe’s AI algorithms to reassess and approve more flagged transactions that might have otherwise been rejected in the past,” Tech Crunch said.