Stripe is an online payments system, which allows you to send and receive money online. Stripe focuses on providing an easier setup, seamless user experience, enhanced fraud prevention.

Stripe does not charge any setup fees, monthly fees, validation fees, card storage fees, or failed payment fees – wow! Although there are no minimum monthly payments volume required to use the service, Stripe has a seven-day waiting period for transactions to clear – a major pain-point for the bootstrapping entrepreneur. Also, unlike PayPal, Stripe supports BitCoin transactions.