Stripe, the financial infrastructure platform for businesses, announced that CLEAR—an identity verification platform trusted by over 30 million customers—is moving its payments and billing to Stripe.
CLEAR is known for its flagship membership, CLEAR Plus, which uses biometrics to “speed up identity verification at airports.”
In recent years, CLEAR has reportedly expanded beyond travel to other sectors like healthcare and financial services.
Now, with Stripe, CLEAR is bringing that same fast and easy experience to how its customers pay—with Stripe’s “ease of use, support for digital wallets and other payment methods, and higher conversion rates.”
By adopting Stripe Billing, CLEAR now has a “flexible, modern billing system to efficiently manage millions of subscriptions.”
Caryn Seidman Becker, CEO of CLEAR said:
“Just as CLEAR makes confirming your identity seamless and secure, Stripe is helping us make billing and payments effortless—allowing us to focus on delivering frictionless experiences for our members.”
CLEAR has reportedly introduced new offerings powered by Stripe “to serve its rapidly growing customer base.”
For instance, with CLEAR Mobile, travelers who are not CLEAR Plus members are able to “purchase a QR code in the CLEAR app for one-time expedited verification at an airport security checkpoint.”
CLEAR is also using Stripe to make it even “easier for new customers to sign up.”
Stripe now processes in-app enrollments for CLEAR Plus.
CLEAR relies on Stripe Terminal to handle card payments “on its new facial recognition pods at airports, introduced in November last year.”
And with Stripe Radar, CLEAR reduces “fraud and false declines during checkout.”
With financial infrastructure Fintech Stripe managing both one-time payments and recurring subscriptions, CLEAR has “achieved higher conversion rates.”
Stripe’s card account updater and network tokenization reportedly help CLEAR protect revenue, increase “authorization rates, and reduce churn caused by changes in customers’ credit cards.”
