Stripe is an innovative company that focuses on helping website developers to deliver a website that accepts payments between individuals and businesses. They’ve got a solid background. They’ve received $130 million in funding from the likes of Sequoia Capital and PayPal co-founders Peter Thiel, Max Levchin and Elon Musk.
Stripe provides a fantastic alternative to the hassle of setting up a merchant account. And while Stripe’s fee per transaction is slightly higher than that of their more traditional card-based competitors, the cost to the website owner is lower because of the lack of setup fees, monthly fees, validation fees or card storage fees. And due to the fact that Stripe only earns that fee after a successful payment, there’s no charge for failed payments either. With Stripe, you even have the ability to offer coupons and vouchers to your customers. This is a payment solution that’s built with your bottom line in mind.
Stripe came into existence because setting up a website that accepts payments is generally a very painful experience. As such, Stripe is trying to solve that problem. Their solution is packed full of features, so businesses can adapt this service to meet their requirements.
Their technology offers a seamless transition into an e-commerce website, thanks to clean APIs and powerful coding. Essentially, Stripe offer a secure service that meets all the necessary compliance rules and regulations. They use proven fraud protection methods,
In terms of your payments to Stripe, they have a flexible approach to billing, where you can pay yearly, monthly or at requested intervals. Thousands of businesses are already using Stripe and you can too.