Online payment processing companies are continuously popping up in the market; Stripe.com has been gaining the attention of businesses that need more control of their online payment structure. The program allows them to personalize their payment experience.
It is a great program for web developers and its user friendly platform makes it easy to customize and integrate into a website. The complexity of Coding and API’s (Application Programming Interface) presents a roadblock for web developers. While creation of a webpage layout may come easily to them, coding a website with e-commerce capabilities is typically not one of their strong suits.
Using the Stripe.com library database full of API code options, developers will easily find that creating online shopping carts and an online payment systems isn’t so hard. These libraries are full of pre-built API coding options as well as resources to modify codes.
Stripe.com conducts daily transfers and bank account deposits for businesses without any additional actions on behalf of the client. Bank account deposits occur seven days after each transaction was made. They uphold their integrity with a security system that protects the sensitive data passing through their system.
Stripe.com also has an online dashboard for you to review and create downloadable reports. Through this online dashboard, you have access to detailed information pertaining to your sales. You may use this dashboard to review payments, customers, transfers and much more.
It is free to sign up and become an active user of Stripe.com in just a few simple steps. Fees are based on transactions processed through their platform. Each individual transaction fee rate is 2.9% + $.30. One other fee, often a rare occurrence, is a $15.00 chargeback fee. Stripe.com does not have a point of sale device; however, credit card information can be manually entered for in-person transactions.
Online customer reviews are positive; the only qualm is that Stripe.com does not have, nor provide, a customer support phone number. They even go so far as to note that within their website FAQ section. Agents can be reached by email or through the real time community chat platform, Monday thru Friday, until 6pm.
In comparison to the similar online payment service, PayPal, there are some differences worth noting. Stripe.com can only process payment transactions for the U.S and Canada; PayPal’s services are offered worldwide and they have the capability of processing international transactions.
The key difference, between Stripe.com and PayPal, is the setup and handling of payments. PayPal is an outside payment processing service and their clients do not have any control in the manner of how payments are accepted. Stripe.com is geared toward web developers and companies who want more control over their customers’ payments to meet their own needs.
The two services have a similar pricing platform and a bulk of their processing services are the same. It is also worth mentioning that the founders of PayPal provided capital backing for the development of Stripe.com.
7 ‘Stripe.com’ Reviews
DO NOT DO BUSINESS WITH THIS SERVICE, YOU CANNOT GET SOMEONE IN SUPPORT TO TALK TO, OR TO HELP! I USED THEM FOR 4 YEARS - NO ISSUE - SUDDENLY THEY ARE HOLDING OVER $1,400 BECAUSE I DON'T HAVE A WEBSITE - WHATEVER - I THINK THEY ARE UNDERWATER FINANCIALLY AND A SCAM
THEY DUE BUSINESS IN JAVA SCRIPT AND YOU WILL NEVER GET YOUR MONEY
DO NOT DO BUSINESS WITH STRIPE. THEY WILL STEAL ALL YOUR MONEY.
They have taken over $2500 from me and never returned it. . The customers already received their products and I am out-of-pocket. My cost are over $2000 dollars being the markup is very small. They are trying to claim the transactions were not authorized by the customers which is a complete lie! I recontacted all of the customers and they were kind enough to email me back stating that the transactions were authorized by them personally. I forwarded all those emails along with proof of shipping and delivery of every single one of the transactions. They claimed they refunded all the customers cause they didn't authorize the transactions!?Get this they never did! They took the money and never responded to my 15 emails.
Even if they did, why would you refund customers when I have emailed you proof (from them personally)that every transaction was authorized by them. This company is unbelievable! They are complete criminals!. I am not the only one that lost a lot of money. They are doing these to ALOT of people. I hear because they are going under. It's so scary and sad to trust someone to process your money and then have them steal it. It so wrong.
My experience with stripe
launched a company
Built an open payment gateway that had fraud protection
we used both PayPal and stripe
no charge back from PayPal. Fraud protect system works and was sufficient in acquired information to pass any inspection of transaction via ip.
stripe.com listed all transactions as fraudulent based on EIN numbers. We were 100 % legit. They took over 3000 in prior sales, 1200 of which came directly out of someone's social security funds. Then they complained to the authorities about harassment after stealing this former us marines money because it threw him into a ptsd episode.
They tried to return 515 dollars of that man's money, which was returned to back to stripe.com which immediately was immediately followed by his detaiNing
That man spent 2 months in jail over harassment of his social security funds being garnished illegally as stripe.com was made aware of the situation.
There is now a nocontact order between that man and stripe.com / ceo jon zeiger.
they still have not returned his cash, nor followed up with proper research on the business transactions which were shown as legit.
they even labeled donations from menial fundraisers from local friends as fraudulent.
B È W A R E
If you use this company, be prepared for being robbed, and them using the fbi, and local Authorities to cover up their own illegal activities.
their game is simply to create a system that taxes the merchant literally out of business, by way of financing and product.
we know this. Personally. Due to this experience our lives will never be the same. Thanks.
we will be seeking damages.
I started a gofundme campaign who are partnered with stripe my stripe account was hacked, a false bank account was created and all funds diverted to the fraudulent account. I tracked the account found the funds yet stripe refused to co operate or even speak with the bank to get the funds back and work with the fraud team on an investigation!!.
Some thing is VERY VERY VERY WRONG HERE and seriously needs to be investigated!.
Are stripe themselves involved in the missing funds?. I have learned through internet searches that I am not alone in having funds mysteriously disappear from a stripe account. Imagine when I first contacted them they basically responded there was nothing they could do! even though I told them where the money had been deposited and that it was still there!!!
Now BIG QUESTION...WHY would a company so large handling such vast amounts of public funds NOT make contact with a bank following a fraud. Do they not want an investigation? and if so WHY????
Stripe should be closed down.
stripe is fraudulent company, they stuck your money for no reason, i will never suggest anyone to use this worst service, also their support is world's worst support, they don't reply emails and they don't have phone support.