WHAT HAPPENED
Stripe, the programmable financial services company, today launched Stripe Treasury in Australia. Stripe Treasury gives businesses a single platform to accept payments, hold and convert funds, and pay recipients anywhere in the world directly from the Stripe Dashboard. Global businesses often rely on a patchwork of bank accounts and payment providers to move funds between currencies. They typically have to wait days before their incoming revenues settle and are available to fuel their business. Stripe Treasury allows global businesses to manage incoming and outgoing flows across currencies from a single account, reducing settlement delays and unnecessary currency conversions.
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