Stripe and Advent table bid for PayPal

This massive potential acquisition could fundamentally reshape how you accept payments and offer financing to your customers. If Stripe and Advent successfully acquire PayPal, we will likely see a merger of the world’s two most dominant digital payment ecosystems. For retailers, this means the tools you use to process credit cards (Stripe) and the branded buttons your customers use at checkout (PayPal/Venmo) could soon live under one roof. For operators, the most critical impact involves consumer financing options like PayPal Pay in 4. Stripe has been aggressively expanding its own 'Link' ecosystem and Buy Now, Pay Later (BNPL) integrations. A combined company would have unprecedented data on consumer credit behavior. This could lead to higher approval rates for your customers, as the lender will have a clearer picture of their spending habits across multiple platforms. However, it also raises questions about market competition. Less competition usually means less pressure on transaction fees, so you will want to keep a close eye on your processing rates if this deal closes. Furthermore, PayPal’s massive consumer base combined with Stripe's superior developer tools could result in much smoother checkout experiences. Expect to see more integrated loyalty programs and 'one-click' financing options that reduce cart abandonment at the point of sale.

Source: Finextra — Lending

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