Integrated, easy and useful.
All you need is a Checking account, that is where your clients' credit card, debit card and ACH payments go.
For convenience, Invoicing, Memberships with recurring payments, Shopping Cart and other features have a built-in way to accept, refund and automate payments by credit card, debit card and ACH payments.
We maintain a secure connection between our backend provider's (Google Cloud) infrastructure and a large Payments Acceptance provider so that you do not need to maintain a merchant account, connect to a payment gateway or shoulder the burden of PCI compliance.
There are many reasons to enable payments, like getting paid faster and more reliably, offering a convenient way to pay while on the go, for business book-keeping purposes, enabling subscription-based services and memberships and selling products and packages online 24/7.
Credit and Debit cards
The fee per credit transaction in the US and Canada is 2.9% + 50 cents. In the United Kingdom it is 1.4% + 40p (for EU credit cards).
In the US the collected payments are transferred to your bank account in 2 days (first transfer takes 7 days). In Canada it takes 4 days and elsewhere collected payments are transferred on a 7 day schedule.
There are no merchant account, activation or verification fees, you only pay per transaction.
Contact us to find out more.
Direct transfer between bank accounts.
ACH transfers are only available in the US.
ACH payments cost 0.80% + 20 cents, with a cost maximum of $5.20.
For example: a $100 ACH payment costs $1.00.
Any payment above $625 will have a fixed cost of $5.20.
For ACH payments, it can take up-to 5 business days to receive acknowledgment of their Success or Failure. Because of this, ACH payments take up to 7 business days to be reflected in your available Stripe balance.
Failed ACH transactions have a fee of $4 USD.
For new accounts, there are limits of $2,000 per Transaction and $10,000 in ACH payments per week. To increase the limits, sign into your Stripe account and use the Contact Us link to let them know the per transaction and weekly limits that would work for you. Stripe team is aware of our clients' needs and it is usually a smooth and quick process.