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If you’re still sitting on the fence regarding an online business, read these incredible stats. The year 2021 will see a whooping 2.4 billion global digital customers and still counting. What does it mean for you? Someone is looking for online products or services.
With a good business strategy and an appealing, professional-looking website from Strikingly, you can thrive. In addition, by setting up a Stripe account for online payments and adding it to Strikingly, you’ll reap massive benefits.
Read on to learn how Stripe can assist you with online payment for your e-commerce store and how to create a Stripe account. You’ll also learn how to add Stripe to Strikingly.
Let’s hear from the horse’s mouth what Stripe is.
Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use our software to accept payments and manage their businesses online.
A mouthful of words. But it means that Stripe is a third-party processor and payment gateway. As a third-party processor, the company lets your business accept payments without a merchant bank. If you’ve got a Stripe account, the system allows you to use its merchant bank for all your payments and receipts.
Since Stripe is also your payment gateway, it provides an online payment service for your business. It must be clear now what Stripe does.
The key takeaways are:
Your eCommerce business can process debit and credit cards, including automated clearing house (ACH) online and offline transactions.
It means after your customer makes a payment for your products, Stripe transfers the amount from the buyer to the seller’s (you) merchant account.
Stripe handles credit transactions from one platform but with many different online businesses into a single merchant account.
As a holder of a Stripe account, you don’t need to have a stand-alone merchant account.
Of course, Stripe’s payments processes are a bit complex as they involve heavy-weight tech issues. It’s no wonder Stripe is also known as a full-stack payment processor, using alpha-geek algorithms and advanced technology.
But for now, you may be wondering if a Stripe account is an excellent resource for your Strikingly eCommerce store. Discover more by reading on.
Is your business into global trade like Amazon, or are you planning to have an eCommerce Store? If your answer is a loud yes, then a Stripe account is one-size-fits-all. How? Let’s see how your business can maximize Stripe’s benefits, especially twinned up with Strikingly.
One beauty about Stripe is that it’s integrated with VIP credit card networks. As a result, it can optimize routing channels, give you real-time data, lessen transaction latency for all your online credit card transactions. In a nutshell, payments move at the lighting speed, helping you focus on selling digital products.
Stripe supports a considerable number of payment vehicles, making it convenient to trade on a global scale. Apart from syncing with universal payments, it also works well with local payment systems. The former include:
WeChat Pay
Visa Checkout
Masterpass by Mastercard
Microsoft Pay
Google Pay
Apple Pay
Alipay
Amex Express Checkout
The local payment methods collaborating with Stripe include:
SOFORT
P24
Multibanco
Klarna
iDeal
Giropay
EPS
Bancontact
ACH
You can set up a Stripe account with confidence because it’s available in 34 countries, allowing plus 135 currencies. Please see the table below to get the whole vision.
One more great thing is that you can show your eCommerce store’s product prices in the viewer’s local currency. It means that a smartphone buyer in the Philippines can see their currency even if you pegged the U.S. dollar or EURO prices, etc.
With Stripe, you can insert a checkout for any device, such as a tablet, desktop, and mobile. It gives your customers the freedom to use any preferred device for making payments.
Using Stripe's custom UI toolkit, you can create your custom payments for mobile, tablet, and desktop.
Another pro of setting up Stripe is sending and asking for payments from your clients. On top of this, it’s possible to promote your products through the same third-party processor and even with the Strikingly online store.
Stripe provides your eCommerce business with real-time data, including refunds, fees, and transfers. Using this data, you can prepare financial reports, assisting you in making sound and evidence-based decisions. Stripe’s built-in reporting automatically syncs with your accounting app.
As a user of Strikingly’s website builder, you can integrate your Stripe account with ease. Here is what Stripes says about this integration. “Strikingly is one of the best online store builders that allows its users to set up e-commerce websites. Stripe as a payment gateway allows sellers to accept payments immediately via buyer’s preferred credit or debit cards.”
It’s also true that you can integrate Stripe with any platform.
When it comes to security, the good news is that Stripe has a robust system, and for this reason, it’s certified as a PCI Service Provider Level 1. You can trust a Stripe account as the company has advanced security standards.
In addition, it uses HTTPS specifically for services relying on TLS (SSL) for the public online platforms and dashboard. Stripe also encrypts credit numbers with decryption keys, which it keeps on separate machines. Another layer of security is the use of Radar, a machine learning fraud mechanism.
Before we dive into how you can set up a Stripe account, here is the summary of why you need Stripe.
It’s great for global payments
You pay flat-rate fees
No extra charges for setting up a Stripe account, account maintenance, or even cancellation
Quickly & easily create an account online.
Integrates with many online platforms, including Strikingly, and allows for customization
With this in mind, let’s jump into the steps for setting up a Stripe account.
It’s straightforward to set up a Stripe account. Follow these steps.
You may also not be sure how long it takes to get a Stripe account. On its website, Stripe says, “The account process is nearly instantaneous, and most users will be able to accept payments right away.” However, delays could be caused by Stripe asking for more details from your business.
Also, there are certain business types that Stripe doesn’t accept. Here is the list:
Since it’s clear now what may cause some delays in getting your Stripe account, read on to see how to add Stripe to Strikingly.
Because Stripe integrates seamlessly with Strikingly, it’ll take you a couple of minutes to add Stripe to your online store. If you don’t have one, these free website templates can get you started. Meanwhile, here are the 3 easy and quick steps to add Stripe to Strikingly.
Once you’re done, you can start receiving payments on your eCommerce website. Need one? Go to the website builder at Strikingly, the best web store builder for serial entrepreneurs.
Within a short time, you can build the fantastic and professional website of your dreams. With an array of attractive templates covering many industries or any business ideas, you’re spoilt for choice. Wondering how to choose the proper templates for your online store? These great template ideas will spark your imagination.
Having a Stripe account makes business sense as it allows your customer to make an online payment with ease. Also, with a booming online business expected to skyrocket, an e-commerce store with Strikingly sets you up for success. Setting up a Stripe account is as easy as ABC, and so is adding Stripe to Strikingly. Now, what are you waiting for?
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