Stripe is a simple way to accept payments online. With Stripe you can accept Visa, MasterCard, American Express, Discover, JCB, and Diners Club cards directly on your store. Stripe has no setup fees, no monthly fees, no hidden costs: you only get charged when you earn money! Earnings are transferred to your bank account on a 7 day rolling basis.
Stripe supports the Subscriptions extension.
Stripe also supports re-using cards. When a customer pays, they are setup in stripe as a customer. If they create another order they will be able to checkout using the same card. A massive timesaver for returning customers.
Cloudswave Score for Stripe
Rating based on 12 Critic Reviews
We have been using paypal for a few years but out customers where finding the user journey a bit cumbersome (paypal really tries to have you registered and it makes the payment process rather slow if you do not want to give away your contact and payment information). We have integrated stripe with freshbooks as this is a native integration so the transition away from paypal was really simple and quick. To really be a no brainer for a European company they still need to work on a few things (see cons below) but our clients are happier which is the most important
Pros : Easy sign-up and set-up Slick interface Effective support
Cons : No liquidation in USD if you are in Europe Fees are ok but FX-rate applied are higher than what you can get directly with your bank
Tom DeSimone, on Merchant Maverick
Without any doubt, Stripe is a major contender in the new, simplified, stylized online payments industry.
Stripe gets a highly commendable 4.5 stars right out of the gate, thanks to their honest marketing, fair rates, and high-quality tools.
Phillip Parker, on CardPaymentOptions.com
Stripe rates as a better-than-average merchant services provider according to our standards. Stripe’s transparent pricing model appears to satisfy the majority of its clients while its reserve policy, cancellation policy, and customer support are responsible for most of the company’s complaints.
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