Sep 24, 2024

News provided by Share this article Share toX Sila has officially launched Sila Processor, a cost-effective payment solution tailored for Stripe customers. This innovative tool enables businesses to lower their transaction fees while maintaining the efficiency and security offered by Stripe. Sila Processor enhances Stripe's payment infrastructure, offering merchants a flexible, affordable option to complement card payments. PORTLAND, Ore., Sept. 24, 2024 /PRNewswire-PRWeb/ -- Sila is excited to announce the launch of Sila Processor , an innovative payment solution designed to provide current Stripe customers with a more cost-effective alternative to traditional card acquiring. Sila Processor offers merchants a seamless way to reduce their payment processing fees while maintaining the high-quality service and security they have come to expect. Why Sila Processor? "Our goal with Sila Processor is to empower merchants by offering a more affordable way to process payments. By providing an alternative to high card acquiring fees, we help businesses enhance profitability while maintaining a seamless and secure payment experience." – Mike Fitzpatrick, CEO at Sila Stripe has become a leading choice for online payments, but many merchants find that its card-acquiring fees significantly impact their bottom line. Sila Processor addresses this concern by offering an alternative payment solution that can lower transaction costs without compromising on speed, security, or user experience. Importantly, Sila Processor is not intended to replace Stripe Connect but instead provides an additional payment option for Stripe merchants, enhancing their existing payment infrastructure. Key Benefits of Sila Processor Lower Transaction Costs Seamless Integration Designed to complement existing Stripe setups, Sila Processor can be easily added as an additional payment option, giving customers more choices at checkout. Easy Implementation With as little as 15 lines of code, Sila Processor can be integrated quickly and effortlessly, minimizing any disruption to your current payment flow. Enhanced User Experience Sila Processor ensures a smooth and secure payment process, providing customers with a reliable alternative to traditional card payments. Flexible Payment Options By incorporating Sila Processor, merchants can offer customers various payment methods, reducing the reliance on costly card transactions. A Win-Win for Merchants and Customers "Our goal with Sila Processor is to empower merchants by giving them a more affordable way to process payments," said Mike Fitzpatrick, CEO at Sila. "By offering an alternative to high card acquiring fees, we aim to help businesses improve their profitability while still providing a seamless and secure payment experience for their customers." About Sila Processor Sila Processor is a next-generation payment solution designed to integrate effortlessly with existing Stripe setups. With the addition of as little as 15 lines of code, merchants can offer an additional payment option that significantly reduces transaction costs. Sila Processor enables merchants to diversify their payment strategies while maintaining the convenience and reliability their customers expect. Availability Sila is accepting beta registrations for Stripe merchants seeking a more cost-effective payment solution. For more information or to register interest, please visit https://www.silamoney.com/sila-processor About Sila Sila is dedicated to providing innovative payment solutions that empower businesses to thrive. Our products are designed with both merchants and customers in mind, offering secure, seamless, and cost-effective ways to manage payments in today's digital landscape. Learn more at https://www.silamoney.com/sila-processor and register for beta access. Media Contact SOURCE Sila