So, you have a website, and you need to connect a payment processor so that you can accept money for the platform you’re creating. However, you want something that is easy to use. Introducing: Stripe.
Stripe is a payment processing platform with an API you can wire up into your application.
Benefits of stripe
When using stripe, you can securely process payments using their API on their platform and handle the payments simply with a easy-to-use dashboard that looks and feels good to use.
Stripe is free, therefore, you will not need to pay any money to use their platform. Just sign up, insert your business information into the form, and you will have a working payment processing platform working on your side
Though stripe is free, they must make money in some-way.
All businesses need money to run; stripe takes money from the individual transactions that go through their platform.
The rate is: 2.9% + 30c per transaction.
The rate can be changed by either contacting stripe, or switching up your plan within the dashboard. This will unlock more features or take away features that are available to you.
Stripe is an amazing payment processor to consider in your list of payment processing APIs, however since you do not have a subscription, the payment transactions are how you will be charged for their platform.