By Robert Skinner | WBN News | July 9, 2025
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Stripe, the payments giant that disrupted credit card processing with its flat-rate pricing and developer-friendly tools, is making an aggressive push into the enterprise market. Earlier this year, Stripe announced a suite of customized solutions targeting large retailers, SaaS platforms, and global marketplaces—a pivot that could signal changes for Canadian small and mid-sized businesses (SMEs) who rely on its simplicity.

For years, Stripe has been the go-to processor for startups and e-commerce shops that wanted predictable pricing and easy integration. Its 2.9% + 30¢ flat fee was transparent, if not always the cheapest. Now, Stripe is courting big brands with volume discounts, tailored settlement schedules, and dedicated support teams.

What does this mean for smaller businesses in Canada?

While Stripe continues to offer self-serve accounts to merchants of all sizes, the shift raises questions:

• Will small merchants lose negotiating power? Enterprise clients can demand better rates and custom arrangements, potentially widening the pricing gap between large and small businesses.
• Could support resources be stretched thinner? As Stripe allocates more staff to service high-revenue accounts, smaller merchants may find themselves waiting longer for issue resolution.
• Are alternative processors more competitive now? Companies like Square, Helcim, and Moneris are stepping up their offerings, including transparent interchange-plus pricing and localized support.

Canadian SMEs should consider reviewing their payment processing strategy. While Stripe remains a leader in innovation, its enterprise pivot is a reminder that no processor is one-size-fits-all forever.

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WBN News - South Delta Edition

Robert Skinner - Publisher

Tags: #WBN News - South Delta #Robert Skinner - Publisher #Stripe #Payment Processing #Canadian Business #Small Business Payments #Merchant Services #Fintech News #SMEs Canada

Robert is an experienced “AI Assisted” business systems developer and coach. Give him a call at +1 604-220-4750 or connect on LinkedIn: https://www.linkedin.com/in/rlskinner/