💳Stripe

What is Stripe?

Stripe is a technology company that provides an online payment processing platform for internet businesses. It allows businesses to accept payments over the internet and provides powerful functionality for managing transactions. Stripe's suite of APIs allows for simple integration into websites, mobile apps, and other digital platforms, enabling businesses to customize their payment processing experience. This comprehensive platform supports a multitude of payment methods, from credit and debit cards to digital wallets, and it offers robust security measures to ensure transactions are safe and secure.

Where is Stripe Accepted?

Stripe is accepted in over 46 countries across the globe, including major markets such as the United States, United Kingdom, Canada, Australia, and many countries within the European Union. Customers outside these countries can still make payments to businesses located in supported countries. Stripe is continually expanding its global presence, so for the most up-to-date list of supported countries, it's recommended to check their official website below.

https://stripe.com/global#:~:text=Stripe%20is%20currently%20supported%20in%2046%20countries%2C%20with%20more%20to%20come.

What You Need to Know About Stripe Before Moving Forward

Before integrating Stripe into your website using Direxact, there are several key considerations to keep in mind:

1. Pricing: Stripe charges a small percentage of each transaction as a fee, this is typically 2.9% + 30 cents for online card charges, but this can vary depending on your country and specific business model. Check Stripe's pricing page for the most accurate information.

2. Account Setup: To use Stripe, you'll need to set up a Stripe account. This includes providing details about your business and verifying your identity. This process may take some time, so plan accordingly. We have created documentation here.

3. Compliance: Using Stripe means complying with all applicable laws and regulations, including those related to data privacy and financial transactions. It's crucial to review Stripe's services agreement and ensure that your business practices align with their requirements.

4. Support: Stripe provides extensive documentation and resources to assist with integration and problem-solving. They also offer customer support through email and chat. Take time to familiarize yourself with these resources to ensure a smooth integration process.