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Stripe and DoneDeal agree new partnership deal

Sellers on DoneDeal can now accept payments online using Stripe in a safe, contactless transaction
Sellers on DoneDeal can now accept payments online using Stripe in a safe, contactless transaction

Payments company Stripe and online marketplace DoneDeal have today announced a new partnership deal which will make all sales and purchases on the DoneDeal site cashless and contact-free.

Sellers on DoneDeal can now accept payments online using Stripe in a safe, contactless transaction.

Buyers can now pay for their items instantly on the site while sellers no longer need to take cash or arrange for an alternative payment.

Almost 250 DoneDeal sellers are already using Stripe to accept payments online and the marketplace will now roll out the option to all sellers so they can all benefit from cash-free payments.

DoneDeal, founded in Wexford in May 2006, has over seven million monthly visits and over two million monthly enquiries. As of May 2020, the site has over 380,000 live ads listed with over 22,000,000 visitors to the site every month. 

DoneDeal had been a generalist buy-and-sell website, but in the past five years it has grown to become the largest car marketplace in Ireland with over 70,000 cars listed for sale today.

Stripe was founded by Limerick brothers Patrick and John Collison and it now has over 2,500 employees across 14 offices, with operations in 34 countries.

Rob Hume, General Manager at DoneDeal, said that partnering with Stripe allows buyers and sellers on DoneDeal to transact 100% online. 

"At DoneDeal, we believe cashless payments will be a great way to make it easier and safer to transact on our marketplace and this will only become easier as we work to improve the online payments experience," Mr Hume said.

He said the company were already using Stripe for its Adverts.ie site with "great results".

Mr Hume said that as the Covid-19 lockdown restrictions increased it sought to introduce online payment and delivery on DoneDeal. 

"We implemented Stripe in a matter of days and since then, the feedback from our sellers has been very positive. Overall the Irish businesses that have engaged with the service have been very positive in how it has helped them continue to trade in such a challenging environment," Mr Hume added.