Stripe announced that it was named a Leader in the Forrester Wave™ report on Global Merchant Payments Providers, Q3 2020, achieving the highest scores by any ranked company in both strategy and current offering. Concurrently, CRM giant Salesforce announced that Stripe will power Commerce Cloud Payments. With this partnership, Salesforce joins hundreds of enterprises already using to scale and adapt. Among these, Stripe now counts more than 40 category leaders—companies processing more than $1 billion annually—as customers.
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The events of 2020 have pushed the economy online faster than ever before. Supporting enterprises through this shift, Stripe has, for example, enabled Zoom Video Communications to scale its service to new heights, powered soaring sales for Wayfair, and optimized global invoicing for Slack. And now, Stripe is partnering with Salesforce to help its enterprise customer base adapt even faster as spending shifts online at an accelerated rate.
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Stripe is recognized as a Leader by Forrester in enterprise payments
Stripe’s market leadership in enterprise payments has been recognized by leading analyst firm Forrester in the Forrester Wave™ report on Global Merchant Payments Providers, Q3 2020. Participating in the report for the first time, Stripe was named a Leader and achieved the highest scores on Forrester’s two categories of strategy and current product offering. Forrester noted that Stripe is the “best fit for technology-forward payments teams.”
Forrester recognizes that “Stripe’s vision of ‘increasing the GDP of the internet’ by supporting businesses as they adapt—to new geographies, new business models, new disruptions—is well aligned to the realities that many merchants face.” Specifically, Stripe “delights tech-forward business leaders, […] is good at using its data to build algorithms that improve authorization rates, [and] is uniquely strong in subscription management.“
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