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A Stripe Case Study
Lottus Education, an education provider focused on giving Mexican students quality alternatives, was struggling with an outdated payment structure that created operational inefficiencies and made recurring payments harder to manage. The company needed a modern, secure, and intuitive platform from Stripe to improve student payment adoption and retention, while supporting multiple payment methods.
Stripe Payments and Stripe Radar helped Lottus Education launch a compliant, unified payments solution in just two weeks with two engineers, integrating cards, bank transfers, and local methods like OXXO and Meses Sin Intereses. The results included a 15% increase in online payments, with 50% of payments now processed online, plus an 80% reduction in payment disputes and a fraud rate of 0.05%, improving efficiency and reducing the need for additional fraud-team headcount.
Andres Fleiz Jaso
Chief Product Officer