Apart from the product or service quality, a business heavily relies upon how easy it makes for its customer to pay them for their services. The online payment system is getting diversified today and so it is necessary to adapt to these changes. Stripe is one such online payment gateway solution that is gaining popularity among small businesses due to its pro-business features. It has constantly rolled out new products, and it might also launch aStripe bank account, given its growth trajectory.
Let’s get to know more about Stripe.
What is Stripe?
Stripe is a payment service provider (PSP) and a payment gateway provider. So, a business using stripe’s services doesn’t have to rely upon a payment solution made with several different companies. Stripe allows accepting debit and credit cards, and even Automated Clearing House transactions from the website.
How does Stripe Payments Works?
Strip offers multiple services such as online payments, no-code payments, online invoices, subscription management, payment for platforms etc.
Stripe Payments is made for processing payments that will allow you to accept payments by debit/credit cards, from the customer’s bank account to your business account.
Stripe is also expanding its services to credit card terminals, mobile processing solutions and POS systems. It won’t surprise you if you see a Stripe bank account in few years that will allow you to use your funds without transferring them to a separate bank account.
Stripe payments tools that are making business easy
A payment gateway takes a customer’s credit card information safely and sends it to a payment processor which processes the transaction. Stripe is offering both the services as one, which makes e-commerce convenient. Here are some other tools that help in making payments faster and easier.
Let’s get to know about them.
- Billing & Invoicing: If you heavily rely upon invoices, you can generate them easily at Stripe Dashboard. At Stripe dashboard, you will have complete customization control ranging from business logos, payment links, line-item breakdown, tax collection etc.
- Developer tools: If you know how to code or have access to a proficient code developer, Stripe has a lot to offer. But they also offer to code for you as a paid service. You can use their extensive library of developer resources for every feature you wish to include in your website. Use appropriate API keys before starting your business.
- Checkout: Not everyone knows how to code. Keeping this in mind, Stripe Checkout is rolled out for non-programmers. Get yourself familiar with your site’s content management system. Then it becomes easy to set everything by simple copy-paste of required code snippet along with a selection of many pre-installed customization options. It has a wide variety of features that support email receipts, promo codes, coupons, language support, tax collection etc. But, eventually, you would want to shift to developer tools that offer advanced options.
Stripe is one of the safest and smartest payment processors that businesses can use. At no extra charge, small businesses get access to Address Verification Services (AVS), CVV/CVV2 Checks, and HTTPS. Stripe also meets the standards set by PCI Security Standards Council. Stripe has the potential to become your one-stop solution for all your financial needs, and shortly, you might also see a Stripe Bank Account.
Visit Stripe’s official website today and unlock the exponential growth your business can achieve.
