Case Study: Canva boosts payment success and cuts costs with Stripe

Canva improves payment success rates by 2.1% with Stripe

Canva, a global visual design platform with over 240 million users, needed a payments partner to help it scale worldwide and navigate complex local regulations and payment methods. It turned to Stripe for its flexible payments infrastructure and expertise to build a localized experience for users in dozens of markets.

Implementing Stripe's solutions, including its Payments Intelligence Suite with products like Adaptive Acceptance and its capability for domestic acquiring and local payment methods, allowed Canva to tailor its checkout. The results were significant: Stripe helped Canva achieve a 2.1% improvement in payment success rates, save 1.5% in network costs, and expand its payment reach by over 9.5 million users in key markets like South Korea.

Canva