What is Stripe payment and how to use it?

When in a hunt for a full-featured payment processing platform, look no further and choose Stripe. Why? Because this might be what you have been looking for long especially when you are a business owner. Stripe helps its customers by simplifying payment processing for them and giving them other Business opportunities. So, if you are also interested in choosing a payment platform for you, Stripe has got you covered with its Stripe payment services.

What is Stripe payment

In this article, we shall walk you through the complete process to use Stripe payment at its best. Speaking about Stripe, we can say that it turns out to be the best platform for eCommerce merchants who are on a hunt for services that would help for processing credit card payments. Since when this payment service came into existence, it has gained a lot of customers and a reputation in the payment processing world. Some of the major names in the market are using Stripe payment services in order to reach their financial goals.

So, in the sections below, we shall discuss what is stripe payment and how does it work.

What is stripe payment?

As already discussed above, this is a payment processing platform that allows, users, to get the money transferred from their customers’ bank account directly to their bank account. However, this is only possible if the customer pays via a credit card or debit card. This is the most basic definition of Stripe and we shall discuss it in detail in the upcoming sections.

Why should you use Stripe payment?

Among multiple reasons to use Stripe, there are some most obvious reasons why should you opt for this payment platform:

  1. Quick and easy-to-use

Being a PSP, Stripe does not make you undergo a very complex process to start using it. All you need to do is sign up for a Stripe account and get your account approved very quickly.

  1. An integrated platform

This platform offers different payment processing facilities to its users. It supports both credit card payments as a part of its service so that you do not have to look for any other platform to facilitate your financial goals.

  1. Choose from different customization options

If you want to get your hands on a lot of customization options, then Stripe payment solution has got you covered. There are a lot of tools and options to choose from and improve your checkout page.

  1. Highly secured

One of the most useful features of Stripe is its high-standard security feature which makes it a reliable payment system. For security purposes, it uses TLS (SSL) and strict encryption methods which come free of cost with no additional charge.

How to use Stripe payment?

There are four basic ways to use Stripe payment services and we are going to talk about all of them below:

  • Stripe Checkout

Even if you do not have enough programming skills, then also you can use Stripe payment services and customize its features according to your skills and taste. There are a lot of customization options for Stripe payment and it also features services such as coupons, promo codes, automatic tax collection, and support for foreign languages, and more. Along with this, you are also provided with chargeback protection.

  • Developer tools

You can make the best use of Stripe if you do have some programming and coding skills. You can also get help from a developer who can use the developer tools available in Stripe and customize the things for you.

  • Terminals

In case you want to accept payments for in-person sales, then this platform also helps you do that. You can use its physical payment processing hardware and receive payments from your customers. The terminals that it has to offer include:

  1. Stripe Reader M2
  2. BBPOS Chipper 2X BT
  • Billing & Invoicing

If you are into such a business where you rely on invoicing, Stripe payment is something you can look forward to. On its dashboard, there are options to generate invoices that are also customizable.

Conclusion:

All in all, we can say that Stripe payment is the perfect solution for those users who are on a hunt for a platform to accept payments from their customers through the online payment system. This is the best option to get up and running with facilitating Business payments.

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