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Stripe launches payment library to improve platforms

February 20, 2013

Online credit card processing company Stripe has announced the launch of jQuery, and this new library service may mean big improvements for the payment platforms industry.

Online credit card processing company Stripe has announced the launch of jQuery, and this new library service may mean big improvements for the payment platforms industry.

jQuery is a resource for developers to look up code information in order to improve their online credit card processing services. The new library will help streamline the process of adding a payments system to a website by providing code for some of the trickier operations, like ensuring that the processes still work if users copy and paste in credit card information or have unusually-formatted information. 

“We’ve spent a lot of time tuning our formatting and validation logic as well as testing and ensuring cross browser capability, so [developers] don’t have to reinvent the wheel,” said Stripe, according to Bank Credit News.

The start-up is known for its ability to make online credit card processing simple for businesses of all sizes. Businessweek reported that benefits of using Stripe include ease of use, allowing organizations to handle payments without directing consumers to an outside website like PayPal. Stripe also offers security – the service handles sensitive data so that vendors don’t have to worry about breach prevention and also checks for fraud during the payment process.

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