Why The Beam Trusts Stripe as Its Payment Partner
The Beam is where new music artists earn. To bring this vision to life, we’ve partnered with Stripe, a leading payment gateway.
While The Beam powers transactions and fosters a competitive music economy, we rely on Stripe as our trusted financial custodian. Here’s why:
1️⃣ Stripe Handles Massive Scale – $1.4 Trillion in Payments
🟢 Why it Matters: Stripe processed $1.4 trillion in total payment volume in 2024 (up 38%), making it one of the most trusted financial platforms globally.
💡 Your transactions are secured by Stripe, which powers over 1.3% of global GDP—an industry leader in online payments.
2️⃣ Industry Trust – Used by Half of the Fortune 100 & High-Growth Startups
🟢 Why it Matters: Stripe is used by half of the Fortune 100, 80% of Forbes Cloud 100, and 78% of the AI 50—establishing it as the backbone of major enterprises.
💡 The same payment infrastructure trusted by Fortune 100 companies and leading AI startups secures your purchases on The Beam.
3️⃣ Fraud Protection at Scale – Stripe Radar’s AI-Driven Security
🟢 Why it Matters: Stripe’s AI-powered fraud prevention (Radar) detects 92% of fraudulent cards before a transaction happens and reduced card testing fraud by 80% in two years.
💡 Your payments are protected by Stripe’s industry-leading fraud detection, which prevents billions of fraudulent transactions every year.
4️⃣ Subscription & Billing Expertise – Stripe Manages 200M+ Active Subscriptions
🟢 Why it Matters: Stripe’s Billing platform now manages 200 million active subscriptions and has helped major brands like Forbes increase revenue by 23%.
💡 Our billing system is backed by Stripe’s automation, ensuring secure, seamless payments with zero hassle.
5️⃣ Payment Authorization Optimizations – Maximizing Successful Transactions
🟢 Why it Matters: Companies that switched to Stripe saw major authorization rate improvements, like Hertz (+4%) and News Corp Australia (+5%), reducing failed payments and involuntary churn.
💡 With Stripe’s AI-driven checkout, your payments process faster and more reliably.
6️⃣ AI-Powered Commerce & Future-Ready Payments
🟢 Why it Matters: Stripe is adapting payments for AI-driven commerce, making it the best choice for digital-first platforms like The Beam.
💡 Stripe’s AI-driven fraud prevention and revenue optimization ensure artists, fans, and brands transact securely on The Beam.
