Stripe Payments & Billing
Global payments and billing infrastructure built for energy platforms and subscription utilities
- Billing & Payments
100+ global payment methods including bank transfers, cards, and digital wallets across 40+ countries
Subscription billing and invoicing with automated Smart Retries for failed payment recovery
99.999% platform uptime with 500M+ API requests processed daily
Pre-built and fully customizable UI components for rapid deployment
Built-in fraud prevention powered by Stripe Radar and advanced ML models
Stripe Payments & Billing
Stripe helps energy companies and utilities on the Kraken platform modernize how they accept payments, manage subscriptions, and recover revenue. With over $1 trillion processed annually and 99.999% uptime, Stripe's infrastructure is built for the reliability that energy operations demand.
Energy utilities face unique billing challenges—recurring monthly charges, diverse global payment methods, high transaction volumes, and strict compliance requirements. Stripe addresses all of these with a unified platform covering online payments, subscription billing, and automated dunning to minimize failed payments.
Target users include product and engineering teams at utilities looking to embed best-in-class payment experiences, as well as finance and operations teams seeking automated revenue recovery and invoicing. By integrating Stripe into their Kraken-powered platforms, utilities can reduce development complexity, expand into new geographies with 100+ supported payment methods across 40+ countries, and improve cash collection through intelligent payment retry logic. Stripe's developer-first approach means integration is fast and flexible—utilities can go live with pre-built UI components or build fully custom payment flows via Stripe's APIs.
Increase Revenue
Businesses using Stripe's Optimized Checkout Suite see an average 11.9% revenue uplift through smart payment routing and 100+ built-in optimizations
Reduce payment churn
Smart Retries and real-time card account updater recover payments that would otherwise be lost, directly reducing involuntary subscription cancellations
Accelerate time-to-market
Pre-built UI components and best-in-class developer documentation allow utilities to launch payment capabilities weeks faster than building in-house
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Stripe
Stripe is the global leader in payments infrastructure, trusted by millions of businesses to power their financial operations