Since 2015, Atlassian has acquired several companies to expand its suite of offerings to plan projects, resolve incidents and deploy products
Stripe has teamed up with Atlassian, a provider of team collaboration and productivity software. This way, Atlassian aims to simplify and scale its global payments and billing systems for its $1.6 billion in software revenue.
According to information, Atlassian chose Stripe to consolidate its payments and billing systems into a single, easy-to-use architecture.
Besides, Stripe’s Billing solution is powered by a machine learning architecture that is constantly learning from over 100,000 businesses on the Billing network. Stripe’s smart retries feature recovers 14% more revenue for their customers than those retrying failed payments on a set schedule.
What is more, Stripe Billing provides teams with unparalleled adaptability and ease of use. Due to the flexibility of Stripe’s core Subscription API, Atlassian can now instantly schedule subscriptions, quickly customize their pricing models and fully automate B2B payment support.
We’ve reported that Stripe announced a partnership with Afterpay to offer Afterpay’s payment service to Stripe merchants.