Spade Partners with Stripe to Power Real-Time Merchant Intelligence
Innovators building with Stripe Issuing can now access Spade’s merchant data to gain enhanced transaction visibility, complete with merchant logos, names, locations, and categories.
We’re thrilled to announce that Stripe Issuing has partnered with Spade to power their enriched merchant data offering. Innovators using Stripe Issuing can now leverage our merchant intelligence to gain enhanced transaction visibility, complete with merchant logos, names, locations, and categories.
By working with Spade, Stripe Issuing provides access to accurate merchant names, categories, and geolocation details—helping card issuers improve authorization rates, reduce chargebacks, mitigate fraud, and gain deeper insights into customer spending behavior.
For Stripe, it is essential to constantly improve the data that underpins its payments processing platform, especially when it comes to the growing Stripe Issuing product responsible for over 200 million credit cards in the market. After rigorous testing and evaluation of dozens of providers, Stripe selected Spade as its merchant intelligence provider because they offer the most accurate, performant and comprehensive solution – the most critical metrics that allow Stripe to continue delivering trusted payment services. Together, we will continue collaborating to explore new use cases, using these valuable merchant insights to help customers deliver exceptional experiences.
Stripe customers have indicated that key priorities on their innovation roadmaps will heavily rely on the ability to access real-time rich and accurate merchant data. Stripe customers can now access our enriched data directly via the Stripe Issuing API for a range of high-value use cases, including transaction enrichment, fraud detection, spend insights, and more.
Oban MacTavish, Spade’s CEO and co-founder, shared his thoughts on the partnership:
“Our work with Stripe will further improve the card experience for countless companies. Our merchant intelligence is proven to reduce fraud and disputes and help businesses approve more transactions to generate millions in revenue each year. We’re thrilled that Stripe saw the importance of merchant intelligence and chose to work with Spade to get these benefits into the hands of some of the world’s most ambitious and innovative companies."