A platform for businesses to process credit cards and accept online payments is called Stripe.
The money must be sent to the vendor when a customer purchases a product online, insert Stripe.
With Stripe, payments made with a credit card or bank account are processed securely and promptly, and the money is then transferred to the seller’s account.
The most effective and user-friendly software for online payments is Stripes.
This is because it has both a payment processing platform and a credit card payment gateway, both of which are necessary for every successful online transaction.
How does Stripes Work?
To make their service easier to understand and use for business owners, Stripe has streamlined the procedure.
Payment Process with Stripe:
- The Stripe software will link to your shop platform’s checkout page once you set up an account for your business.
- When a customer is prepared to make a purchase and clicks “check out,” they enter their payment details on the purchase page.
- The data will then be transmitted from the website through the Stripe program, which will process the payment and check to see whether there are funds available (payment gateway) before delivering it to the merchant account.
- Confirmation of sale is given to the customer and the seller after the merchant receives the payment.
Was this article helpful?