• Competitor overview

Estimated Customers

~80.00M

Pricing

unknown

Bolt | Shockingly Simple Shopping

https://bolt.com/

Goal
Increase ecommerce revenue by improving the checkout experience for online shoppers.

In short
Bolt provides a checkout experience platform designed to help ecommerce merchants improve conversion rates by offering a streamlined and efficient payment process.

Description
Bolt is focused on optimizing the checkout experience for ecommerce businesses to increase conversion rates and ultimately boost revenue. Bolt claims to improve revenue by ensuring a smooth checkout process that minimizes friction for users. It targets ecommerce businesses looking to enhance their customer checkout experience without requiring them to add additional buttons or payment method limitations. Bolt emphasizes its ability to be platform and payment method agnostic, supporting over 80 million shoppers with a checkout solution tailored for individual brand needs.

Solutions for Problems
Strengths against Stripe
  • Bolt specializes in enhancing ecommerce checkout experiences, which could result in increased revenue for merchants.

  • Claims guaranteed revenue increase by 5%, providing a potentially compelling ROI for its clients.

  • Focuses on being payment and platform agnostic, allowing flexibility for merchants to choose their own payment methods without being tied to a specific platform.

Weaknesses against Stripe
  • Lacks emphasis on providing a holistic financial infrastructure; primarily focused on checkout optimization rather than offering a comprehensive suite of financial services.

  • Does not list support for over 100 global payment methods and currencies, which is a strong point of Stripe.

  • No clear mention of advanced fraud prevention and identity verification systems as provided by Stripe.

  • Does not offer a suite of APIs or no-code tools aimed at broader financial automation beyond just the checkout process.

  • Does not mention capabilities like issuing physical and virtual cards or providing automated tax solutions, which are part of Stripe's offerings.