What is Stripe?
Stripe is an online payment processing platform that allows businesses to accept online payments. It enables businesses to manage payments, subscriptions and billing.
How does Stripe work?
By integrating Stripe with a 123FormBuilder form, you can have your customers initiate a purchase directly on your form. The payment information is securely transmitted to Stripe’s servers, where it si processed. Stripe is verifying the payment information, authorises the payment and returns a response. If the payment is successful, the funds are transferred to the business’s Stirpe account. Additionally, Stripe offers detailed reporting and analytics on the business’s payments.
Is Stripe secure?
Yes, Stripe is considered to be a secure payment processing platform that has implemented a number of security measures to protect the sensitive data it processes, such as credit card numbers and other payment information. They are PCI compliant, they use tokenisation to protect cardholder data and also encryption. Furthermore, Stripe uses machine learning algorithm to detect and prevent fraudulent transactions.
Is Stripe international?
Stripe is an international payment processing platform that supports businesses around the world. It is available in over 40 countries, including the United States, Canada, the United Kingdom, France, Germany, Australia, Japan, and many others. Additionally, Stripe offers support for international regulations, such as the EU’s General Data Protection Regulation (GDPR), and provides tools to help businesses comply with these regulations.
What payment methods does Stripe offer?
When integrated with a 123FormBuilder form, Stripe supports credit and debit cards, including Maestro, Mastercard, Visa, American Express.
Does Stripe charge any transactional fees?
Yes, Stripe charges transactional feels for processing payments on its platform:
- Processing fees: They have processing fees that vary depending on the country and payment method used. For example, in US, the processing fee for credit and debit card payments is 2.9 + $0.30 per transaction.
- International fees: Stripe may charge additional fees for processing international transactions, such as cross-border fees, currency conversion fees or fees for processing payments in a foreign currency.
- Dispute & Refund fees: Stripe may charge a fee for handling disputes or processing refunds.
It is important to note that the fees charged by Stripe may vary depending on the specific details of each transaction. More detailed information about Stripe’s fees can be found on their website.
How can I integrate Stripe with my online form?
Start by creating a new form and adding fields. Once you have assigned a price to your fields/choices, all you have to do is to add Stripe to your form by going to Payments section.
After connecting your account, go back to our Form Editor and enable the payment integration. You can set up different billing information, such as requiring billing address from your customers, make the payment a recurring one and setting up the frequency.
123FormBuilder and Stripe Integration