The returns from improving back-office systems can be huge

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Tools to grow revenue . Eighty-seven percent of Stripe invoices are paid within hours, and Billing’s revenue recovery tools alone helped users recover $ billion of revenue that would have been lost to churn in the first half of We’ve added new features to the revenue and finance automation suite that directly translate back-office performance into revenue growth. New revenue recovery features Revenue recovery is a key part of how Stripe Billing maximizes revenue: we use machine learning to retry failed recurring payments at the optimal time, based on hundreds of dynamic signals. Our Smart Retries algorithm continuously gets better, and we’ve improved the recovery rate by % in Deliveroo has recovered more than £ million in revenue with Billing’s revenue recovery features.

The work Stripe has done to improve payment success rates, from the use of Stripe Billing to rapidly enabling Deliveroo Plus, makes it clear why Stripe is embedded in some of our largest initiatives,” said Will Shu Brazil Mobile Number List cofounder and CEO of Deliveroo. Tax in more markets for faster market expansion One of the best ways for businesses to grow revenue is to enter new markets, but they’re often stymied by the tax complexity that comes with it. We built Stripe Tax to solve that problem.



Businesses can sell cross-border, and Tax takes care of tax collection for them, automatically. Now, Tax just got better, with support for new countries (bringing the total number of countries supported to , including all of the EU). Tax for platforms For a long time, platforms have generated revenue—and value for their customers—by offering and monetizing Stripe Payments. Increasingly, we’re making it easy for platforms to offer other Stripe products in the same way, allowing them to differentiate their offerings, open new revenue streams, and provide added value to their users. That now includes Tax.