Why We’re Sold on Stripe
There are several options available when it comes to taking payments online for your business. How can you determine which one is right for you and your business?
When choosing a payment gateway, you will want to consider a number of things. Transaction fees, ease of setup, payment methods accepted and available support should all factor in your decision making process.
Stripe is an online payment processing platform that allows businesses to send and receive payments over the internet. There’s no doubt that alternative systems have their perks, but at Yellow Cherry we know a thing or two about payment options, and Stripe is one of our trusted recommendations.
Read on to find out why we’re so sold on Stripe as a payment provider.
1. Straightforward Set-up
With Stripe, you can expect ease in setting-up. In most cases, installing and activating Stripe on websites is swift. Once the dashboard is set-up, there is imminent contact from a member of the Stripe team to verify and activate your account.
2. Payment Options
When selling products or services online, you need to consider the variety of payment options your customers may require. With Stripe, this won’t be a concern as this platform can handle a variety of payment methods such as household names like PayPal, Credit Card, and Apple Pay.
3. (Lack of) Installation Fees
Unlike many other payment processors, Stripe does not have a cost for installing. It does however take a tiny percentage of every transaction that is completed through it with a flat fee of approx. 20p.
4. Ease of Integration
Do you know how much we love WordPress at Yellow Cherry? If not, check out our other blog post to see why! Stripe’s integration with WordPress, our main e-commerce set up, is another tick in the box for why we rate it so highly. If the integration is more complex, Stripe has an abundance of guidance documents to aid a Developer through the process.
5. Security Factor
When set up securely, Stripe is well protected from potential cyber threats. This gives users and business owners confidence in their transactions. Customer’s payment details will be secure and safe, so service users can enjoy some peace of mind.
6. Ongoing Support
Considering the ease of signing up, integration, and taking payments via Stripe, further support may not be required. But if developers do need some, they’re in great hands. Stripe Support is excellent and keen to resolve any issues very quickly.
But, are there any downsides to Stripe?
With six stellar reasons to chose Stripe, the only disadvantage we can find is that it’s currently only available in 43 countries.
These countries are based mostly in American/European nations along with India, Japan, and Australia. However, Stripe is actively growing so expect this list to increase in the future.
There we have it! Our whistle-stop tour on why we would recommend Stripe. If you need a helping hand to set up your E-commerce store or friendly advice on which payment provider you should chose, get in touch with the Yellow Cherries today.