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What is Stripe
Product Quality Score
List of Benefits
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What is Stripe ?
Stripe is a cloud-based payment tool that helps users manage and accept transactions online. It's an end-to-end platform capable of processing online payments, which makes it perfect for online businesses or e-commerce. At its heart is a powerful payment engine that effectively streamlines business transactions while linking with other apps that organizes revenue, drive business growth, and prevent fraud.
The software makes the most of its cloud-based system to improve security and allow for scalability. It eradicates highly complex monetary processes by leveraging the tool to function hand-in-hand with financial regulators, banks, financial institutions, consumers wallets, and payment networks.
Stripe provides a wide range of products capable of addressing essential stages in the payment process. The payment tool provides a one-stop shop solution for managing, settling, processing, and accepting payment. Its billing models are intended for rapidly-expanding businesses. This gives users the ability to bill customers on an automated recurring basis or via an on-off invoice.
The platform funtions well in any kind of business model. Its simple system comes with pre-installed UI components as well as prioritizing APIs for customizations.
Product Quality Score
Ease of use
Value for money
Main features of Stripe are:
Mobile Customer Interface
Roles and Permissions
Custom UI Toolkit
Invoices are made for sending out and requesting payment from customers who are aligned to the branding. The platform can be utilized quickly on-the-go via an iOS or Android app thanks to its mobile-friendly checkout option.
Stripe can offer payment gateway support options to customers. Users can cater payment to a majority of credit and debit cards in almost every country in the world. Digital wallets like Apple Play, Amex Express Checkout, and Alipay are intended for customers who want to pay conveniently without having to share personal card details. Local payment methods, local Stripe accounts, and preferred currencies are also supported by the platform.
In terms of optimizing revenue, Stripe can optimize routing paths with popular card networks which include American Express, MasterCard, and Visa. This pre-processing layer minimizes latency during transaction and dramatically enhances success rates.
Handling of disputes are now automated to effectively present any evidence in case of conflicts. Automated accounting support, collated reports, and financial reporting helps streamline and hasten reconciliation of transaction issues. This provides users information regarding refunds, transfers, fees, and other charges in real-time via the platform’s API and Dashboard.
Whenever a transaction is resolved, users can simplify and expedite how they can be paid from consolidated payouts. They can also have a bird’s eye view of charges made across payment types, countries, and currencies via information exportability and reporting in real-time.
Customer Support Types
The following Stripe integrations are currently offered by the vendor:
GoDaddy Online Bookkeeping
Sage Business Cloud
Amex Express Checkout
Masterpass by MasterCard
Revenue Recognition from ChartMogul
Swiftype Enterprise Search
Due Mobile Payments
Redwood Apps, Inc.
Pay with Bolt
Stripe pricing is available in the following plans: