Financial infrastructure giant Stripe today is announcing a new charge card program, giving platforms a way to offer access to credit. Stripe wants to make it easier for businesses to access credit.

Stripe, a financial infrastructure platform for businesses, today announced a new charge card program for Stripe Issuing, Stripe’s commercial card issuing product.

Previously, Stripe used to charge 2.9% + $0.30. As of December 19, it will be free. Compare this to PayPal, which still has a refund fee that ads up to a percentage of the transaction plus a 30 ...

“Building a charge card program is a daunting task. Stripe provided immense value in planning and launching our program quickly,” Michael Cohen, vice president of partnerships for Ramp, says in ...

The charge card offering will be linked with other Stripe services, so platforms will be able to use features like Invoicing and Checkout when they need to collect repayments.