Stripe has launched a plug-in enabling free instant transfers between businesses using Stripe profile handles.
The feature, called Stripe Pay, lets a business find another company by its Stripe profile handle and send funds without paying a transfer fee. It works both in the Stripe Dashboard and through the Stripe command-line interface.
The basic rules are straightforward. The company sending the money needs a funded financial account. The company receiving it requires a financial account tied to an active Stripe profile. Users can point to the recipient with a public handle (for example, @companyname) or with a unique profile network identifier.
If they don’t know the exact handle, Stripe sends them to its business directory to search. Before the transfer goes through, the sender still has to confirm that the selected business is the right one. That step is meant to cut down on payments landing in the wrong account.
Businesses that don’t have a Stripe profile yet can create one while they’re setting up the transfer. In the CLI there’s also a dry-run mode. It lets someone check the recipient, amount, currency, and source account without actually moving any money.
The same confirmation steps apply if a software agent is the one starting the transfer. Stripe has been building tools that let agents handle financial tasks, and Stripe Pay fits into that broader effort, even though the company has not said the new transfers themselves run on stablecoins.
Stripe announced the feature on October 27. The company’s statement was brief, confirming that a business can use the stripe profile handle to find another business and that transfers are free. Official confirmation from support reiterated that the transfer is indeed free and is classified as being between businesses rather than being a payment from a card.
Transfers that are free and immediate are only possible when both parties in question already have Stripe accounts. If the other party is not on Stripe, the company suggests using its Global Payouts product.
So far, Stripe has not shared how many of these transfers have taken place or explained how the payments are processed behind the scenes. It has also not claimed that Stripe Pay settles on Tempo or uses stablecoins. Those products remain separate, even as Stripe continues to expand financial accounts, wallets and automated payment tools.
The timing lines up with other moves by the company. Just days earlier Stripe introduced Treasury for agents, which lets software agents check balances, pay invoices, move money between accounts, and convert currencies inside a Stripe financial account. By default, any live money movement still needs human approval.
Stripe Pay’s CLI support, including the dry-run and confirmation steps, fits the same pattern: agents can prepare or initiate transfers, but a person still has to sign off.
Traditional banks have been working on their own faster business-payment systems. In July 2026, reports said JPMorgan Chase, Bank of America, Citigroup and Wells Fargo were developing a shared network for tokenized commercial-bank deposits.
Those instruments represent claims on the issuing bank rather than privately issued stablecoins. The announcement from Stripe makes no mention of whether it supports tokenized deposits. However, for companies already using Stripe’s services, this new option eliminates some hassle of needing to input bank account information time after time for payments to other Stripe users.
Just how many transactions this new development will generate remains to be seen, and although Stripe has detailed the rules for eligibility as well as how the interface will work, practically nothing is known about the operational numbers.
For now, Stripe Pay looks like a practical addition for businesses already using Stripe that want a simpler way to send money to one another.
