Stripe is a payment service provider that manages its users' transactions and data. In this article, we explain the security measures Stripe has put in place to protect your business.
1. Compliance with International Standards
Stripe complies with the most stringent payment industry standards, including PCI DSS (Payment Card Industry Data Security Standard). Stripe is PCI Level 1 certified, the highest level of certification available for payment service providers, ensuring that all transactions are processed in a secure environment. Sensitive information, such as credit card details, is also protected against unauthorized access.
2. Transaction and data security
To secure financial transactions, all communications between your systems and Stripe's are encrypted using state-of-the-art security protocols (Transport Layer Security), ensuring that data in transit is protected from interception. Stripe also uses AES-256 encryption to secure sensitive information such as credit card numbers.
3. Continuous Monitoring and Auditing
The Stripe platform undergoes regular audits to ensure that its systems and processes remain compliant with the highest security standards. SOC 1, SOC 2 and SOC 3 reports are produced annually, providing full transparency on the security of Stripe's operations.
4. Protection against external threats
Stripe participates in "bug bounty" programs, rewarding security researchers who identify potential vulnerabilities, helping to continuously strengthen the platform's security.
As such, Stripe maintains a secure and compliant environment, offering robust tools and practices to protect user transactions and data. To find out more about Stripe's other measures, you can read this article.