Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to non-profits to public companies—use Stripe software to accept payments and manage their businesses online.
Payments, Subscriptions, Customer Portal, Products and more...
Standard Stipe Account
A Standard Stripe account is a conventional Stripe account controlled directly by the account holder. A user with a Standard account has a relationship with Stripe, is able to log into the dashboard, and can process charges on their own.
Stripe has been audited by a PCI-certified auditor and is certified to PCI Service Provider Level 1. This is the most stringent level of certification available in the payments industry. They use the best-in-class security tools and practices to maintain a high level of security.
SCA & 3D-Secure
For extra fraud protection, 3D Secure requires the credit card holder to complete an additional verification step when paying. Typically, you direct the customer to an authentication page on their bank’s website, and they enter a password associated with the card or a code sent to their phone.
Payments & Digital Wallets
Customers confirm the transaction by authenticating their wallet credentials at checkout. If using mobile, they can authenticate with fingerprint or face recognition, their mobile passcode, or by logging into their wallet app. On the web, they can also scan a QR code with their mobile phone to complete the transaction. Apple Pay and Google Pay are automatically enabled.
With subscriptions, customers make recurring payments for access to a product. A subscription might not seem much different from a one-time purchase or donation, but to manage subscription payments you need to retain more information about your customers, so you can charge them automatically in the future and maintain appropriate access to your product.
Payouts are how money from your customers gets deposited into your bank account. Depending on your business location and payout schedule, funds from your transactions will be paid out to your bank account on a rolling basis.
Products define what you sell and Prices track how much and how often to charge. They can be used for recurring or one-time purchases and support various business structures from tiers to usage based billing. This is a core entity within Stripe that works with subscriptions, invoices, and Checkout.
Coupons & Trials
With Coupons and Trials, you can sell a Stripe subscription based product and reduce the amount charged to a customer by discounting with a coupon or apply a trial that lasts as short or as long as you want. Perfect for Streaming subscriptions with a 7 day trial or an auto renewing yearly membership with a 20% first year discount.
Stripe can optionally send email notifications to customers that include upcoming renewal reminders, failed payment notifications prompting customers to update their payment information and expiring card notifications when one of your customer's cards is due to expire.
Stripe can automatically send email receipts after a successful payment, or when you refund one. Each receipt contains a link to view it in a browser, and a unique receipt number. When you visit the link, the receipt will always show the latest status of that charge. If it has been refunded, the receipt will accurately reflect this.