BEWARE !! Payout availability can vary based on the industry and country you’re operating in. In most cases, when you start processing live payments from your customers with Stripe, you won’t receive your first payout until 7-14 days after receiving your first successful payment. The first payout may take longer for a number of reasons, including your country or being in a high-risk industry. Processing subsequent payouts then happens according to your account’s payout schedule.
Hi NerdFitness! Good question! You should be able to do this, but you may have to do some extra configuring to accept foreign payment methods. Hope that helps, and good luck to you!
Hello! Unfortunately, no, you must use a separate stripe account for businesses or projects that operate separately. You can learn more here: stripe.com/docs/account/multiple-accounts#:~:text=You%20must%20use%20separate%20Stripe,apply%20to%20your%20existing%20account. Hope this helps!
Hi, Mariam! We're sorry about that. If you're looking for the best Stripe alternatives, check out this article: www.merchantmaverick.com/stripe-payments-competitors-and-alternatives/. For the cheapest credit card processing companies, visit: www.merchantmaverick.com/cheapest-credit-card-processing-companies/. We hope this helps! 😊
Hi there! Yes, it's possible. Stripe actually doesn't really distinguish between business and individual users. You'll just sign up with your Social Security Number instead of an EIN number. We hope this helps!
What’s the difference between a individual stripe account and a business stripe account? Should I really register my company legally to open stripe or just go with the normal individual account
Hi there, Cutsy Doggo! Stripe doesn’t differentiate between individual and business accounts. There’s the standard Stripe pricing, which everyone gets by default, and that includes some features like Stripe Radar that aren’t included by default in non-standard pricing. Non-standard pricing includes non-profit discounts and negotiated pricing, which is generally done by large corporations and/or high-volume customers. To learn more about Stripe, check out our article: www.merchantmaverick.com/how-does-stripe-work/. We hope this helps!
Do you know roughly how much the fees are for these sites? And are they set fees or do they change depending on items sold? Sorry I'm new to the business world.
Hi there! Stripe charges a flat fee on all basic transactions. Online transactions cost 2.9% + $0.30 each, while card-present transactions all cost a flat 2.7% + $0.05 each. Advanced features may add additional costs per transaction. To learn more about Stripe's pricing & costs, check out our blog post. We hope this helps! 😊 www.merchantmaverick.com/complete-guide-stripe-pricing-costs/
Hi Christophe! Thanks for stopping by! Your question is a little unclear -- Are you asking about using Stripe to run a third-party auction website? While this isn't one of Stripe's prohibited businesses, it may be difficult to configure on your own. Your best bet would be to contact Stripe directly for a more definitive answer. And, if that wasn't your question, please feel free to re-post with more info and we'll definitely try to answer it for you. Best!
Hello! Yes, Stripe allows you to cancel payments, including processing refunds and reversals. To learn more about how to handle refunds and cancelling payments, visit: docs.stripe.com/refunds - Best of luck!
Hi Abdul! Stripe Checkout is a simple, prebuilt checkout page that can be modified to meet the needs of your business, but isn't as robust as the full Stripe API. Stripe Connect is a suite of tools designed specifically for marketplaces and platforms, and is offered as a paid option. For more information, check out our full review of Stripe: www.merchantmaverick.com/reviews/stripe-review/
Do not use Stripe. Use Square.......Stripe stole over $400 from a customer and refuses to refund with excuse after excuse after excuse.........I Been using square for 5 years Very Very pleased with thee business,
@@gamingmatrix7644 square not available internationally ... and its true refund is problem onlce they suspend account u cannt refund and takes headache of email and days to make it happen .
I have not put any pin code... I have only inserted my debit card information on a website with stripe and the transaction was done automatically... why is it so? It is also my first online purchase... kinda freaking me out
Hi Madao4lifu! eCommerce debit payments never require your PIN number. In fact, if an online seller asks for your PIN, it's probably a scam. Instead, the transaction will be authenticated using the three-digit CVV on the back of your debit card. Hope that puts your mind at ease!
Id much rather pay more and have customer service Ive been in sales my whole life but never online to build a website I got namescheap for the domain name their customer service is awesome! 24 hr live chat I then got wordpress an SSL DNS a business email everything I could never had done withou the experience. Ive been having a hard time with Revolut easy to get business bank account but impossible to get merchant account they message their site with 10 questions but autolog you off in 5 minutes and dont reply, theres not even a contact us button you dont even get pages of form letters ugh!
I work in fintech and this is the biggest issue imo and one no one is really talking about. These products are amazing but not always easy to use and learn and integrate and customer service is often outsourced to 3rd party’s in different countries
They should not be allowed to say that they have 24 hours support. Trying to set up, contacted their support and I get a page that says they will be with me in 3 minutes. BS. Waited 10 minutes SEVERAL times, then I am disconnected. I guess they have 24 hour support. It just DOESN’T work.
no phone support just a lot of emails saying thanks for your question...I have had an account for 2 plus years and was getting paid for camping with THE DYRT. My debit card expired (I did not realize ) they stopped payment and I have not been able to give them new card exp date ...same debit card # They basically are in no rush to give you the money they hold
Is it just me or am I completely mad? I am a buyer, a customer, a user - BUT EVERYTHING I READ ABOUT STRIPE IS HOW TO USE IT AS A BUSINESS!! How do I use it as a buyer, a consumer, a user??? This is madness. If I make up an account on the Stripe site, it thinks I'm a business. What is happening? Where is USER information? Please. I'm assuming, because of hearing about businesses moving to Stripe because of PayPal's ideology-blocking of certain accounts, that Stripe is an alternative to PayPal. True? If so, I'd assume that I could set up my banking/credit card details in it so that I could use Stripe to pay for things. Am I completely off course in looking at Stripe in this way? Talk about 'The customer is always wrong'.
Hey, Punith! Stripe charges a flat fee on all basic transactions. Online transactions cost 2.9% + $0.30 each, while card-present transactions all cost a flat 2.7% + $0.05 each. Keep in mind that advanced features may add additional costs per transaction. To learn more about Stripe's pricing & costs, we highly encourage you to check out our article where we break down everything. We hope this helps! www.merchantmaverick.com/complete-guide-stripe-pricing-costs/
Is there buyer protection with stripe? Looking to buy an online course through instagram, was wondering if it’s not legitimate will I get my money back with stripe?
Hey, Michael! Stripe does not offer buyer protection. In this scenario, you would need to reach out to your bank to file a chargeback if you believe that the transaction was invalid. Thanks for watching!
Hey, Mohit! Stripe's API should play reasonably well with MS Powerapps. You'll probably need to create a payment entity/portal within your Powerapps environment. Once you have that setup, you can make API calls to Stripe. Stripe has pretty detailed information on how to do that! On the Powerapps side, this might be useful: medium.com/microsoft-power-platform-tips-tricks/payments-in-powerapps-portal-part-1-2-8ac068821848. Good luck! 😊
Hey, Penny! The standard Stripe processing fee is 2.9% +$0.30 per transaction or as a $0.05 per transaction add-on if you’re on a custom pricing plan. If you'd like to learn more about Stripe, check out our full guide: www.merchantmaverick.com/how-does-stripe-work/. We hope this helps!
Hi David, It doesn't look like Stripe is currently available in Colombia but on their website they mention: "No matter what country you’re based in, you can use Atlas to easily incorporate a U.S. company. Once you form a U.S. company, you can set up a U.S. bank account and activate payments with Stripe" stripe.com/atlas/global This might be worth looking into!
Thanks for the video, my feedback to you is to try to finish your sentences with appropriate intonation. You raise it at the end as if your statement is a question or talk in a way as if it is a comma and not a full stop
Hows come none of these Stripe reviews ever address the most important question? How long before i get my money!! We use them and they have been holding payout for over two weeks!! That is unacceptable to us but we are stuck since all of our customers card info is with them.
Hi Stoney! That sounds so upsetting! You can find more in-depth info on processing times and deposits in our linked article: www.merchantmaverick.com/how-does-stripe-work/#Stripe_FAQs The standard payout timing for businesses in the United States and Australia that are not high-risk industries is two business days. Payouts of your available account balance are made daily, but they contain the payments you have processed in the last two business days. You can opt to automatically have funds paid to your account daily, weekly, or monthly. You can also turn off automatic payouts at your Dashboard to manually send funds to your bank account, but they will still arrive according to a payout schedule set by Stripe. Note that the standard payout timing is two business days, but it might take longer depending on your location or if you are in a high-risk industry. Without knowing more specifics, it's tough to say why they'd be holding your funds, but Stripe does come with a heightened risk of sudden account holds and freezes over a traditional merchant account. You can find out more about this here: www.merchantmaverick.com/avoid-merchant-account-holds-freezes-terminations/ In the meantime, you should definitely reach out to Stripe directly to see if you can get any information on the holdup. Best of luck with this!
I couldn’t get my stripe account activated. They closed my account saying it’s a high dispute account. I haven’t even started receiving payment on the account yet. What can I do? Help
Hi Yusrat! Sorry to hear about your account issues. As a general rule, Stripe does not accept high-risk merchants. We recommend checking to confirm that your business isn’t in a high-risk category before signing up with Stripe. Otherwise, the most likely outcome is that you’ll initially be approved for an account, but the company will quickly shut it down once you start processing transactions. It sounds like this is what happened to you, unfortunately. Here is a post that explains which industries are typically considered high risk: www.merchantmaverick.com/high-risk-business-company-industry/ and you can view our video on what to do if you've been deemed high risk: ruclips.net/video/zoO5tF7qxnw/видео.html for more advice. Best of luck to you!
@@MerchantMaverick What if your customer already paid $435 when they shut your account down? Well they keep it. Wont issue a refund or send it to your account.
@@kurkwelch773 Hi Kurk! Ugh, that's so frustrating! We are so sorry to hear that happened. If you're looking for another solution that suits your business better, check out our article sharing the best Stripe alternatives: www.merchantmaverick.com/stripe-payments-competitors-and-alternatives/. Wishing you the best of luck!
this is alot all i wanna do is take payment over phone via an online terminal without having to code or hire (more expenses) another person to code for me
Hi The Shaolin Six! You may want to check out our post"Take Payments Over The Phone? Check Out These 6 Great MOTO Credit Card Processors": www.merchantmaverick.com/moto-merchant-account/ Hope that helps you find what you're looking for! Best of luck!
Hi there! Stripe has zero setup, monthly or hidden fees. Instead, Stripe uses a flat-rate pricing system! For example, online payments cost 2.9% +$0.30 per transaction & 2.7% + $0.05 per transaction for in-person payments. To learn more about Stripe's pricing, check out our review. We hope this helps! www.merchantmaverick.com/reviews/stripe-review/
Hi Stefan! Thanks for stopping by. Stripe supports both B2C and B2B transactions and also includes credit card processing -- you can find more on that in this video.
Lol Dad TV we hear you! If you consider picking it back up here ruclips.net/video/uWbj8QgEGcc/видео.html you may find more of what you're looking for! Thanks for watching and sharing your feedback too!
Hi Benji! Are you referring to branding a corporate card with your logo? If so, the answer is YES! You can find out more here: stripe.com/corporate-card
Hey, Bill! Sorry to hear about your not so positive experience with Stripe! If you're interested in an alternative to Stripe, you can check out our list of the best stripe alternatives and competitors. 💪 Thanks for stopping by! www.merchantmaverick.com/stripe-payments-competitors-and-alternatives/
Hey, Janet! Square is a simpler solution that’s probably better than Stripe for selling at craft fairs. Check out our Square review if you want to learn more: www.merchantmaverick.com/reviews/square-review/. Best of luck!
I wished that I have read all this negative comment before I asked my customers to pay. Stripe took the money and even not able to let us refund to the clients. When they review your account there is no 24/7 support. All you got is an automatic reply. Don't use Stripe.
Oh no, Sidhardh! That's definitely not what we want to hear. If you have a specific question, please feel free to post it here and we will do our best to clarify and get you on the right track!
If you are foreigner and having a legal llc entity in USA don’t bother since you don’t have ssn number stripe will shut down your account and hold your money forever
@@JM-ij6qx they says so until when you get your ein and apply after they will send you a credit card personal information request and you will be never ever pass that. I form 3 company under the different name of owner all the Same issues
Hey there! As a general rule, Stripe does not accept high-risk merchants (firearm industry falling under the high-risk category). For a list of the best high-risk merchant account providers, check out our video. We hope this helps! ruclips.net/video/DGwW62f0b78/видео.htmlsi=YBNHUw60jWwNHJrQ
Hey, Snowball Assets! A Stripe account offers a lot of convenience but it’s primarily a way to hold your credit card sales funds. You can get a little bit of bank-like function out of it terms of B2B payments and, if you’re invited, financing. That said, banks offer FDIC insurance (in the US), checking, savings, financial instruments, and greater depth when it comes to lending. We hope this helps! Thanks for watching.
Hi Dilsat, thanks for watching! You are correct, this is not a setup tutorial, it's just an overview of Stripe. In the more in-depth, linked article, we have a section that walks you through setup. You can find it here as well: www.merchantmaverick.com/how-does-stripe-work/#How_To_Set_Up_A_Stripe_Account Hopefully that helps!
The website is not user friendly, and you just made it worst to understand. It looks total unreliable to me. I was expecting practical examples but you described literature copied from documentations.
Hi there! We always appreciate constructive criticism & are very sorry to hear that this video wasn't helpful for a better understanding of how Stripe works! If you would like a more detailed guide on Stripe which covers everything you need to know, check out our article: www.merchantmaverick.com/how-does-stripe-work. Thanks so much for stopping by!
stripe is not working for me it wants a dozen new emails phone numbers to sign up for various social media accounts to connect with I already have an active account stripe I need to learn to connect sync all integrated functions of adding more multiple accounts in that one account ex for Tumblr get paid to write and or take tips , podcasting anchor get cta button and receive donations monetization
Hi Shantel, Thanks for taking the time to share your feedback with our small business community, though we are sorry to hear you are having such a hard time with Stripe!
Worst company don't use this payment gateway your amount will lost forever and you will have no one to contact i lost my Rs 2,00,000/- in this gateway 😢 and support chat support is disabled since then
Hello! It looks like Stripe doesn't have their phone number listed on their website. To get in contact with Stripe, you can either email them at info@stripe.com with general inquiries or you can contact support through their website. We hope this helps! support.stripe.com/
@Duct Tale Yes, I had to freeze my bank account and re-open another one. I contacted a federal agency and they will contact Stripe and they'll have 15 days to respond back
Stripe seems like a scam to me. They declined our business, which is hardly high risk without explanation. Customer service just replies with generic answers. But the technical documentation that we can't use is good.
Don’t do it . Any payment processor is better these clowns will accept your business then close your account after you start making money and essentially seize it destroying your business. I’m out product I shipped and fulfilled orders they processed and refuse to release
Hey, Shirley! We totally get the hesitation. To help give you some peace of mind, Stripe has been in business for over 12 years as a credit card processor. It also is accredited with the Better Business Bureau where it currently has an A+ rating. We encourage you to read our Stripe Review to gain better understanding of Stripe & to help determine if it's the right fit for your business! www.merchantmaverick.com/reviews/stripe-review/ In the end, if you're still not sure, then check out our list sharing the best Stripe alternatives! We hope this helps. 💪 www.merchantmaverick.com/stripe-payments-competitors-and-alternatives/
Hey, John! We appreciate the feedback and are sorry to hear that the video wasn't helpful for you. If you're interested in learning more about Stripe, we recommend checking out our full guide. We hope this helps! www.merchantmaverick.com/what-is-square/
Shortly after my customer paid them $435 they disabled my account and will not issue a refund. Great scam and what a terrible video for even acting like this company is legitimate.
BEWARE !! Payout availability can vary based on the industry and country you’re operating in. In most cases, when you start processing live payments from your customers with Stripe, you won’t receive your first payout until 7-14 days after receiving your first successful payment. The first payout may take longer for a number of reasons, including your country or being in a high-risk industry. Processing subsequent payouts then happens according to your account’s payout schedule.
thank you
Can I use one stripe account on multiple stores ?
This was the best description I've seen anyone do. Thank you!
Thanks for the feedback. We're so happy to hear! 😊
Can you use stipe inversely? Use it to pay customers? Customers allowed to add their payment methods then process payments to their accounts?
I dozed off 😂. Found myself here after watching " Chinese people eating snakes"😢😂😂
so once i set up an account in the US i can accept payments from anywhere? like south africa for example?
Hi NerdFitness! Good question! You should be able to do this, but you may have to do some extra configuring to accept foreign payment methods. Hope that helps, and good luck to you!
Can I use one stripe account on multiple stores ?
Hello! Unfortunately, no, you must use a separate stripe account for businesses or projects that operate separately. You can learn more here: stripe.com/docs/account/multiple-accounts#:~:text=You%20must%20use%20separate%20Stripe,apply%20to%20your%20existing%20account. Hope this helps!
Hi there, I don't see the links to other cheaper platforms as mentioned in the video.
Hi, Mariam! We're sorry about that. If you're looking for the best Stripe alternatives, check out this article: www.merchantmaverick.com/stripe-payments-competitors-and-alternatives/. For the cheapest credit card processing companies, visit: www.merchantmaverick.com/cheapest-credit-card-processing-companies/. We hope this helps! 😊
Hey - is it possible to set up and use Stripe if you're an individual (which I am) as opposed to a business owner (which I am not)?
Hi there! Yes, it's possible. Stripe actually doesn't really distinguish between business and individual users. You'll just sign up with your Social Security Number instead of an EIN number. We hope this helps!
@@MerchantMaverick Thanks for the reply. I'm actually a UK user but I'm guessing the same applies?
@@xxsid1979xxo
What’s the difference between a individual stripe account and a business stripe account? Should I really register my company legally to open stripe or just go with the normal individual account
Hi there, Cutsy Doggo! Stripe doesn’t differentiate between individual and business accounts. There’s the standard Stripe pricing, which everyone gets by default, and that includes some features like Stripe Radar that aren’t included by default in non-standard pricing. Non-standard pricing includes non-profit discounts and negotiated pricing, which is generally done by large corporations and/or high-volume customers. To learn more about Stripe, check out our article: www.merchantmaverick.com/how-does-stripe-work/. We hope this helps!
you linked nothing the description
Hi PreciousHoney35,
If you click "SHOW MORE" under the title and views/date, it will expand and you'll find the linked posts. Hope that helps!
imo, feel like already outdated by the time it "came to market", is Flexa what stripe wishes it was or am i missing something...
Do you know roughly how much the fees are for these sites? And are they set fees or do they change depending on items sold?
Sorry I'm new to the business world.
Hi there! Stripe charges a flat fee on all basic transactions. Online transactions cost 2.9% + $0.30 each, while card-present transactions all cost a flat 2.7% + $0.05 each. Advanced features may add additional costs per transaction. To learn more about Stripe's pricing & costs, check out our blog post. We hope this helps! 😊 www.merchantmaverick.com/complete-guide-stripe-pricing-costs/
Can you use stripe as a payment gateway to get an additional fee on the transaction as the seller is using your plateform as a selling medium?
Hi Christophe! Thanks for stopping by! Your question is a little unclear -- Are you asking about using Stripe to run a third-party auction website? While this isn't one of Stripe's prohibited businesses, it may be difficult to configure on your own. Your best bet would be to contact Stripe directly for a more definitive answer. And, if that wasn't your question, please feel free to re-post with more info and we'll definitely try to answer it for you. Best!
My question is, is Stripe has the feature of cancellation/reversal receipt of a payment?
Hello! Yes, Stripe allows you to cancel payments, including processing refunds and reversals. To learn more about how to handle refunds and cancelling payments, visit: docs.stripe.com/refunds - Best of luck!
What is the difference between stripe checkout and stripe connect ? can you share some examples on how it works
Hi Abdul! Stripe Checkout is a simple, prebuilt checkout page that can be modified to meet the needs of your business, but isn't as robust as the full Stripe API. Stripe Connect is a suite of tools designed specifically for marketplaces and platforms, and is offered as a paid option.
For more information, check out our full review of Stripe: www.merchantmaverick.com/reviews/stripe-review/
Do not use Stripe. Use Square.......Stripe stole over $400 from a customer and refuses to refund with excuse after excuse after excuse.........I Been using square for 5 years Very Very pleased with thee business,
@@gamingmatrix7644 Thanks 🙏
@@gamingmatrix7644 square not available internationally ... and its true refund is problem onlce they suspend account u cannt refund and takes headache of email and days to make it happen .
I have not put any pin code... I have only inserted my debit card information on a website with stripe and the transaction was done automatically... why is it so? It is also my first online purchase... kinda freaking me out
Hi Madao4lifu! eCommerce debit payments never require your PIN number. In fact, if an online seller asks for your PIN, it's probably a scam. Instead, the transaction will be authenticated using the three-digit CVV on the back of your debit card. Hope that puts your mind at ease!
You should make an updated video , experience about stripe as well and alternative as well . For woocommerce and like
Hello! We appreciate the feedback. We'll relay this message over to our video team! Thanks for stopping by!
They do NOT have customer service, do not use these guys......the chat never comes on and if you email, it is just form letters.....ugh.....
Id much rather pay more and have customer service Ive been in sales my whole life but never online to build a website I got namescheap for the domain name their customer service is awesome! 24 hr live chat I then got wordpress an SSL DNS a business email everything I could never had done withou the experience. Ive been having a hard time with Revolut easy to get business bank account but impossible to get merchant account they message their site with 10 questions but autolog you off in 5 minutes and dont reply, theres not even a contact us button you dont even get pages of form letters ugh!
I had a issue yesterday and the chat worked fine walked me straight thru my issue
I work in fintech and this is the biggest issue imo and one no one is really talking about. These products are amazing but not always easy to use and learn and integrate and customer service is often outsourced to 3rd party’s in different countries
They should not be allowed to say that they have 24 hours support. Trying to set up, contacted their support and I get a page that says they will be with me in 3 minutes. BS. Waited 10 minutes SEVERAL times, then I am disconnected. I guess they have 24 hour support. It just DOESN’T work.
I am trying so hard to use paypal and now finding this, but I still cannot sign in because Turkey and Indonesia is not listed...:(
Can stripe be used to fund a payoneer account?
Hi, Amah! Yes, it can. You can link it from the dashboard just like any other regular bank account. Hope this helps!
@@MerchantMaverick
Alright, thank you
is there any other complete complete through which we can connect stripe with woo commerce ?
Hi Abbas! Do you mind clarifying your question for us? I'm not sure we understand!
Still dont understand...plz dumb it down a little bit more XD.
no phone support just a lot of emails saying thanks for your question...I have had an account for 2 plus years and was getting paid for camping with THE DYRT. My debit card expired (I did not realize ) they stopped payment and I have not been able to give them new card exp date ...same debit card # They basically are in no rush to give you the money they hold
Is it just me or am I completely mad?
I am a buyer, a customer, a user - BUT EVERYTHING I READ ABOUT STRIPE IS HOW TO USE IT AS A BUSINESS!!
How do I use it as a buyer, a consumer, a user???
This is madness. If I make up an account on the Stripe site, it thinks I'm a business.
What is happening? Where is USER information? Please.
I'm assuming, because of hearing about businesses moving to Stripe because of PayPal's ideology-blocking of certain accounts, that Stripe is an alternative to PayPal. True?
If so, I'd assume that I could set up my banking/credit card details in it so that I could use Stripe to pay for things. Am I completely off course in looking at Stripe in this way?
Talk about 'The customer is always wrong'.
Can you tell me how secure Stripe is with X? I am planning to use it with my monetization on Twitter/X
Hey, Jay! We believe it should be as secure as Stripe typically is, especially if you use a hosted checkout. 💪 We hope this helps!
what is the transaction prices in stripe
Hey, Punith! Stripe charges a flat fee on all basic transactions. Online transactions cost 2.9% + $0.30 each, while card-present transactions all cost a flat 2.7% + $0.05 each. Keep in mind that advanced features may add additional costs per transaction.
To learn more about Stripe's pricing & costs, we highly encourage you to check out our article where we break down everything. We hope this helps! www.merchantmaverick.com/complete-guide-stripe-pricing-costs/
Is there buyer protection with stripe? Looking to buy an online course through instagram, was wondering if it’s not legitimate will I get my money back with stripe?
Hey, Michael! Stripe does not offer buyer protection. In this scenario, you would need to reach out to your bank to file a chargeback if you believe that the transaction was invalid. Thanks for watching!
Hi, how can we integrate stripe with powerapps?
Hey, Mohit! Stripe's API should play reasonably well with MS Powerapps. You'll probably need to create a payment entity/portal within your Powerapps environment. Once you have that setup, you can make API calls to Stripe. Stripe has pretty detailed information on how to do that!
On the Powerapps side, this might be useful: medium.com/microsoft-power-platform-tips-tricks/payments-in-powerapps-portal-part-1-2-8ac068821848. Good luck! 😊
it failed to wark on my android app
Hi Ivan! Oh no. Sorry to hear that! Have you tried reaching out to Stripe's customer service to see if they can help? stripe.com/contact
Are you the guy from fantastic 4?
what % do you take for each transaction
Hey, Penny! The standard Stripe processing fee is 2.9% +$0.30 per transaction or as a $0.05 per transaction add-on if you’re on a custom pricing plan. If you'd like to learn more about Stripe, check out our full guide: www.merchantmaverick.com/how-does-stripe-work/. We hope this helps!
@MerchantMaverick Would that separate conversion fee show as a separate fee in my bank account?
I am in UAE . It would be good selection or not
Does it works in Colombia ? How do you get the money from stripe to your Bank account it’d it this not in the us.
Hi David, It doesn't look like Stripe is currently available in Colombia but on their website they mention:
"No matter what country you’re based in, you can use Atlas to easily incorporate a U.S. company. Once you form a U.S. company, you can set up a U.S. bank account and activate payments with Stripe" stripe.com/atlas/global
This might be worth looking into!
Thanks for the video, my feedback to you is to try to finish your sentences with appropriate intonation. You raise it at the end as if your statement is a question or talk in a way as if it is a comma and not a full stop
Thanks for watching!
Hows come none of these Stripe reviews ever address the most important question? How long before i get my money!! We use them and they have been holding payout for over two weeks!! That is unacceptable to us but we are stuck since all of our customers card info is with them.
Hi Stoney!
That sounds so upsetting! You can find more in-depth info on processing times and deposits in our linked article: www.merchantmaverick.com/how-does-stripe-work/#Stripe_FAQs
The standard payout timing for businesses in the United States and Australia that are not high-risk industries is two business days. Payouts of your available account balance are made daily, but they contain the payments you have processed in the last two business days.
You can opt to automatically have funds paid to your account daily, weekly, or monthly. You can also turn off automatic payouts at your Dashboard to manually send funds to your bank account, but they will still arrive according to a payout schedule set by Stripe. Note that the standard payout timing is two business days, but it might take longer depending on your location or if you are in a high-risk industry.
Without knowing more specifics, it's tough to say why they'd be holding your funds, but Stripe does come with a heightened risk of sudden account holds and freezes over a traditional merchant account. You can find out more about this here: www.merchantmaverick.com/avoid-merchant-account-holds-freezes-terminations/
In the meantime, you should definitely reach out to Stripe directly to see if you can get any information on the holdup. Best of luck with this!
Thanks, very well explained
Thanks for watching!
I'm considering working for them so am doing a bit of research, you video was so helpful! You have a new subscriber 🙂
We're so glad. Thanks for stopping by, Mark!
How about your results to work in Stripe?
Same here
Hey, Mark! Did you actually get working for Stripe?
I couldn’t get my stripe account activated. They closed my account saying it’s a high dispute account. I haven’t even started receiving payment on the account yet. What can I do? Help
Hi Yusrat! Sorry to hear about your account issues. As a general rule, Stripe does not accept high-risk merchants. We recommend checking to confirm that your business isn’t in a high-risk category before signing up with Stripe. Otherwise, the most likely outcome is that you’ll initially be approved for an account, but the company will quickly shut it down once you start processing transactions. It sounds like this is what happened to you, unfortunately. Here is a post that explains which industries are typically considered high risk: www.merchantmaverick.com/high-risk-business-company-industry/ and you can view our video on what to do if you've been deemed high risk: ruclips.net/video/zoO5tF7qxnw/видео.html for more advice. Best of luck to you!
@@MerchantMaverick What if your customer already paid $435 when they shut your account down? Well they keep it. Wont issue a refund or send it to your account.
@@kurkwelch773 Hi Kurk! Ugh, that's so frustrating! We are so sorry to hear that happened. If you're looking for another solution that suits your business better, check out our article sharing the best Stripe alternatives: www.merchantmaverick.com/stripe-payments-competitors-and-alternatives/. Wishing you the best of luck!
thanks, it is informative... btw, figuratively nothing (literally nothing = nothing)
this is alot
all i wanna do is take payment over phone via an online terminal without having to code or hire (more expenses) another person to code for me
Hi The Shaolin Six! You may want to check out our post"Take Payments Over The Phone? Check Out These 6 Great MOTO Credit Card Processors": www.merchantmaverick.com/moto-merchant-account/ Hope that helps you find what you're looking for! Best of luck!
@@MerchantMaverick thank you so much ive read it and its made it easy for me to pick. thanks
@@shaolin6 So glad to hear that!! Thank you for replying back to tell us! 😃
Do I pay to use stripe
Hi there! Stripe has zero setup, monthly or hidden fees. Instead, Stripe uses a flat-rate pricing system! For example, online payments cost 2.9% +$0.30 per transaction & 2.7% + $0.05 per transaction for in-person payments.
To learn more about Stripe's pricing, check out our review. We hope this helps! www.merchantmaverick.com/reviews/stripe-review/
Good stuff
Glad to hear! Thanks for watching :)
Stribe is for b2c, right?? b2c = business to customers.
If payment is only bank transaction and not credit card
Hi Stefan! Thanks for stopping by. Stripe supports both B2C and B2B transactions and also includes credit card processing -- you can find more on that in this video.
Lol... as soon as the 3 minute mark hits I'm lost with all the tech talk. Thanks anyways.
Lol Dad TV we hear you! If you consider picking it back up here ruclips.net/video/uWbj8QgEGcc/видео.html you may find more of what you're looking for! Thanks for watching and sharing your feedback too!
Yeah sometimes ppl teach as if we already know what their teaching. I never understood why ppl do that tbh
Makes sense, he should have gone for the magical wand instead
Same
I heard you’re able to create different credit cards is this true?
Hi Benji! Are you referring to branding a corporate card with your logo? If so, the answer is YES! You can find out more here: stripe.com/corporate-card
Stripe is a nightmare. Avoid at all cost. Customer service is nonexistent if you have a problem or want to delete your account.
Hey, Bill! Sorry to hear about your not so positive experience with Stripe! If you're interested in an alternative to Stripe, you can check out our list of the best stripe alternatives and competitors. 💪 Thanks for stopping by! www.merchantmaverick.com/stripe-payments-competitors-and-alternatives/
Great Video!
Super helpful thank you!
Glad it was helpful, James! Thanks for watching 😊
thanks author, it was great video and also very useful
Hey, Steve! We're glad you found it useful. Thanks for stopping by!
@@MerchantMaverick and also thank your mom for stopping by near to my house
Thanks for sharing!
I just want to use it for craft fairs. You lost me when you started talking about codes.
Hey, Janet! Square is a simpler solution that’s probably better than Stripe for selling at craft fairs. Check out our Square review if you want to learn more: www.merchantmaverick.com/reviews/square-review/. Best of luck!
I wished that I have read all this negative comment before I asked my customers to pay. Stripe took the money and even not able to let us refund to the clients. When they review your account there is no 24/7 support. All you got is an automatic reply. Don't use Stripe.
What is alternative way?
i am now more confused than I was before the video
Oh no, Sidhardh! That's definitely not what we want to hear. If you have a specific question, please feel free to post it here and we will do our best to clarify and get you on the right track!
If you are foreigner and having a legal llc entity in USA don’t bother since you don’t have ssn number stripe will shut down your account and hold your money forever
Nope! Ask for atlas my friend. You can use it without being on the US! Stripe rocks!!
@@JM-ij6qx they says so until when you get your ein and apply after they will send you a credit card personal information request and you will be never ever pass that. I form 3 company under the different name of owner all the Same issues
How well does Stripe play with the firearms industry?
Hey there! As a general rule, Stripe does not accept high-risk merchants (firearm industry falling under the high-risk category). For a list of the best high-risk merchant account providers, check out our video. We hope this helps! ruclips.net/video/DGwW62f0b78/видео.htmlsi=YBNHUw60jWwNHJrQ
What's the difference between Stripe and a regular bank account. Why wouldn't I just keep all my company's funds in stripe?
Hey, Snowball Assets! A Stripe account offers a lot of convenience but it’s primarily a way to hold your credit card sales funds. You can get a little bit of bank-like function out of it terms of B2B payments and, if you’re invited, financing. That said, banks offer FDIC insurance (in the US), checking, savings, financial instruments, and greater depth when it comes to lending. We hope this helps! Thanks for watching.
This was not a setup, just talking about it
Hi Dilsat, thanks for watching! You are correct, this is not a setup tutorial, it's just an overview of Stripe. In the more in-depth, linked article, we have a section that walks you through setup. You can find it here as well: www.merchantmaverick.com/how-does-stripe-work/#How_To_Set_Up_A_Stripe_Account Hopefully that helps!
The website is not user friendly, and you just made it worst to understand.
It looks total unreliable to me. I was expecting practical examples but you described literature copied from documentations.
Hi there! We always appreciate constructive criticism & are very sorry to hear that this video wasn't helpful for a better understanding of how Stripe works! If you would like a more detailed guide on Stripe which covers everything you need to know, check out our article: www.merchantmaverick.com/how-does-stripe-work. Thanks so much for stopping by!
stripe is not working for me it wants a dozen new emails phone numbers to sign up for various social media accounts to connect with I already have an active account stripe I need to learn to connect sync all integrated functions of adding more multiple accounts in that one account ex for Tumblr get paid to write and or take tips , podcasting anchor get cta button and receive donations monetization
Hi Shantel, Thanks for taking the time to share your feedback with our small business community, though we are sorry to hear you are having such a hard time with Stripe!
Worst company don't use this payment gateway your amount will lost forever and you will have no one to contact i lost my Rs 2,00,000/- in this gateway 😢 and support chat support is disabled since then
We're so sorry to hear that. That is so frustrating! 😞 We hope you were able to sort this out with them. Best of luck!! 🤞
@@MerchantMaverick still not recovered it
What is their phone number?
Hello! It looks like Stripe doesn't have their phone number listed on their website. To get in contact with Stripe, you can either email them at info@stripe.com with general inquiries or you can contact support through their website. We hope this helps! support.stripe.com/
👍
Thanks for watching!
😳 HUH!
Beware of Stripe processing. They randomly charged me $1400 even though I do that much business with them. Don't give them your bank information
@Duct Tale Yes, I had to freeze my bank account and re-open another one. I contacted a federal agency and they will contact Stripe and they'll have 15 days to respond back
If youre processing that volume on your merchant account stripe will classify you as high-risk, does holding your fund
Stripe seems like a scam to me. They declined our business, which is hardly high risk without explanation. Customer service just replies with generic answers. But the technical documentation that we can't use is good.
Don’t do it . Any payment processor is better these clowns will accept your business then close your account after you start making money and essentially seize it destroying your business. I’m out product I shipped and fulfilled orders they processed and refuse to release
I am rather nervous of using Stripe, I just don't trust it!
Hey, Shirley! We totally get the hesitation. To help give you some peace of mind, Stripe has been in business for over 12 years as a credit card processor. It also is accredited with the Better Business Bureau where it currently has an A+ rating. We encourage you to read our Stripe Review to gain better understanding of Stripe & to help determine if it's the right fit for your business! www.merchantmaverick.com/reviews/stripe-review/
In the end, if you're still not sure, then check out our list sharing the best Stripe alternatives! We hope this helps. 💪 www.merchantmaverick.com/stripe-payments-competitors-and-alternatives/
Not useful
Hey, John! We appreciate the feedback and are sorry to hear that the video wasn't helpful for you. If you're interested in learning more about Stripe, we recommend checking out our full guide. We hope this helps! www.merchantmaverick.com/what-is-square/
Shortly after my customer paid them $435 they disabled my account and will not issue a refund. Great scam and what a terrible video for even acting like this company is legitimate.
I am considering it because PayPal is a scam.
Lmao, sure it is. This shit is a much bigger scam.
@@LostHope84 i said considering it...what is alternatives would you recommend?
sir, can we create VCC(Virtual Credit Cards) from the stripe account?
Hello! Yes, you can create, manage & distribute virtual cards through Stripe Connect!
@@MerchantMaverick thank you sir, can you explain something?
@@samidigitalmarketing We can sure try! What's your question?