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What is Stripe and How Does it Work? [Stripe Explained] 

Merchant Maverick
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We ranked Stripe as one of the best credit card processors for small businesses.🏆 Watch this video for an in-depth look at how Stripe works and what it can offer your business. Ready to get started with Stripe? 👉 merchantmaverick.go2cloud.org... (This link is an affiliate link. Merchant Maverick may receive a commission from clicks to these links.)
💌 Sign up for our Maverick newsletter to receive the latest updates, discounts, and exclusive content delivered straight to your inbox: www.merchantmaverick.com/yt/n...
🔗LINKS MENTIONED IN THIS VIDEO:
- How Does Stripe Work [Full Article]:
www.merchantmaverick.com/how-...
- Stripe Payments Review:
www.merchantmaverick.com/revi...
- The Best Stripe Alternatives:
www.merchantmaverick.com/stri...
- The Best Credit Card Processing Companies:
www.merchantmaverick.com/the-...
- Stripe vs. Square: Which Is Better For Online Payments?
• Stripe vs Square: Whic...
- Stripe Pricing & Costs Explained:
• Stripe Pricing & Costs...
- Visit our website for more small business content:
www.merchantmaverick.com/
⏱️TIMESTAMPS:
00:00 - Intro
01:12 - How does Stripe work?
01:55 - Stripe Payments tools for online businesses
06:48 - Is Stripe safe for customers?
08:09 - Is Stripe a good option for international businesses?
09:18 - Stripe's payment methods
10:58 - Stripe's restricted activities
11:28 - Is Stripe right for your business?
12:28 - Outro
🎥 Credits:
Stock footage: Envato Elements
Music: • Video
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👋Say hi on social:
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Disclosure: This video contains affiliate links. Merchant Maverick may receive a commission from clicks to these links. Note that we never accept payment for positive reviews. Learn about how we maintain editorial integrity while earning commissions here. www.merchantmaverick.com/edit...

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9 июл 2024

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Комментарии : 156   
@FamilyofSeedsCee
@FamilyofSeedsCee 12 дней назад
This was the best description I've seen anyone do. Thank you!
@MerchantMaverick
@MerchantMaverick 12 дней назад
Thanks for the feedback. We're so happy to hear! 😊
@oretasletters
@oretasletters Год назад
Can you use stipe inversely? Use it to pay customers? Customers allowed to add their payment methods then process payments to their accounts?
@robinpelletstovesuk9194
@robinpelletstovesuk9194 2 года назад
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.
@ilhamibrahim9995
@ilhamibrahim9995 Год назад
thank you
@SAS2022
@SAS2022 Год назад
Can I use one stripe account on multiple stores ?
@Foxyfeline99
@Foxyfeline99 2 года назад
Great Video!
@Sunflower-ud6gd
@Sunflower-ud6gd 2 года назад
Thanks for sharing!
@jamesnicholas9299
@jamesnicholas9299 Год назад
Super helpful thank you!
@MerchantMaverick
@MerchantMaverick Год назад
Glad it was helpful, James! Thanks for watching 😊
@titaniafairyo
@titaniafairyo Год назад
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...:(
@christopheatten3623
@christopheatten3623 2 года назад
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?
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@donngg
@donngg 6 месяцев назад
Thanks, very well explained
@MerchantMaverick
@MerchantMaverick 6 месяцев назад
Thanks for watching!
@nornironnomad
@nornironnomad Год назад
I'm considering working for them so am doing a bit of research, you video was so helpful! You have a new subscriber 🙂
@MerchantMaverick
@MerchantMaverick Год назад
We're so glad. Thanks for stopping by, Mark!
@nikolai_video
@nikolai_video Год назад
How about your results to work in Stripe?
@KonzitoursandtravelPH
@KonzitoursandtravelPH 3 месяца назад
Same here
@TishA-ld5wd
@TishA-ld5wd 9 месяцев назад
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.
@MerchantMaverick
@MerchantMaverick 4 месяца назад
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/
@theconsciousrelationship
@theconsciousrelationship Год назад
Hi there, I don't see the links to other cheaper platforms as mentioned in the video.
@MerchantMaverick
@MerchantMaverick Год назад
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! 😊
@STEVELOVELL-ur6bx
@STEVELOVELL-ur6bx 11 месяцев назад
thanks author, it was great video and also very useful
@MerchantMaverick
@MerchantMaverick 11 месяцев назад
Hey, Steve! We're glad you found it useful. Thanks for stopping by!
@STEVELOVELL-ur6bx
@STEVELOVELL-ur6bx 11 месяцев назад
@@MerchantMaverick and also thank your mom for stopping by near to my house
@nerdfitness5435
@nerdfitness5435 2 года назад
so once i set up an account in the US i can accept payments from anywhere? like south africa for example?
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@notLITRUM
@notLITRUM Год назад
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
@MerchantMaverick
@MerchantMaverick Год назад
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!
@edmundocerdavicuna4522
@edmundocerdavicuna4522 Год назад
Is possible to receveid a payment with credit card from other country? if i sell from Chile can i get the payment from USA, Ecuador, Australia and Spain?
@MerchantMaverick
@MerchantMaverick Год назад
Hi Edmundo! Great question. Yes, Stripe has excellent support for foreign payment methods and currencies if you're looking to dabble in international sales. We encourage you to check out Stripe payments to learn more! www.merchantmaverick.com/reviews/stripe-review/
@xxsid1979xx
@xxsid1979xx Год назад
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)?
@MerchantMaverick
@MerchantMaverick Год назад
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!
@xxsid1979xx
@xxsid1979xx Год назад
@@MerchantMaverick Thanks for the reply. I'm actually a UK user but I'm guessing the same applies?
@jasonsimpson6630
@jasonsimpson6630 6 месяцев назад
@@xxsid1979xxo
@madao4lifu951
@madao4lifu951 2 года назад
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
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@abdulbasith80
@abdulbasith80 2 года назад
What is the difference between stripe checkout and stripe connect ? can you share some examples on how it works
@MerchantMaverick
@MerchantMaverick 2 года назад
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/
@gamingmatrix7644
@gamingmatrix7644 Год назад
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,
@curtiserecacho1401
@curtiserecacho1401 Год назад
@@gamingmatrix7644 Thanks 🙏
@hot4imvu
@hot4imvu Год назад
@@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 .
@abbaschattha7747
@abbaschattha7747 2 года назад
is there any other complete complete through which we can connect stripe with woo commerce ?
@MerchantMaverick
@MerchantMaverick 2 года назад
Hi Abbas! Do you mind clarifying your question for us? I'm not sure we understand!
@bmo8898
@bmo8898 Год назад
imo, feel like already outdated by the time it "came to market", is Flexa what stripe wishes it was or am i missing something...
@lubnawakeel2136
@lubnawakeel2136 10 месяцев назад
You should make an updated video , experience about stripe as well and alternative as well . For woocommerce and like
@MerchantMaverick
@MerchantMaverick 9 месяцев назад
Hello! We appreciate the feedback. We'll relay this message over to our video team! Thanks for stopping by!
@michaelfrancis-vb7tp
@michaelfrancis-vb7tp 9 месяцев назад
Good stuff
@MerchantMaverick
@MerchantMaverick 9 месяцев назад
Glad to hear! Thanks for watching :)
@polyglotdreams
@polyglotdreams Год назад
thanks, it is informative... btw, figuratively nothing (literally nothing = nothing)
@samidigitalmarketing
@samidigitalmarketing Год назад
sir, can we create VCC(Virtual Credit Cards) from the stripe account?
@MerchantMaverick
@MerchantMaverick Год назад
Hello! Yes, you can create, manage & distribute virtual cards through Stripe Connect!
@samidigitalmarketing
@samidigitalmarketing Год назад
@@MerchantMaverick thank you sir, can you explain something?
@MerchantMaverick
@MerchantMaverick Год назад
@@samidigitalmarketing We can sure try! What's your question?
@precioushoney35
@precioushoney35 2 года назад
you linked nothing the description
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@mohitmishra962
@mohitmishra962 Год назад
Hi, how can we integrate stripe with powerapps?
@MerchantMaverick
@MerchantMaverick Год назад
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! 😊
@lubnawakeel2136
@lubnawakeel2136 10 месяцев назад
I am in UAE . It would be good selection or not
@user-dx5wt1hx9t
@user-dx5wt1hx9t Месяц назад
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
@MerchantMaverick
@MerchantMaverick Месяц назад
Thanks for watching!
@stoneyleefred
@stoneyleefred 2 года назад
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.
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@SAS2022
@SAS2022 Год назад
Can I use one stripe account on multiple stores ?
@MerchantMaverick
@MerchantMaverick Год назад
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!
@ivansekajjigo4528
@ivansekajjigo4528 Год назад
it failed to wark on my android app
@MerchantMaverick
@MerchantMaverick Год назад
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
@peachykaren3938
@peachykaren3938 2 года назад
Still dont understand...plz dumb it down a little bit more XD.
@davidvanegap
@davidvanegap 2 года назад
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.
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@itsjustme522
@itsjustme522 2 года назад
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.....
@suomi5454
@suomi5454 Год назад
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!
@alhardy1644
@alhardy1644 Год назад
I had a issue yesterday and the chat worked fine walked me straight thru my issue
@TheLiquidChicken69
@TheLiquidChicken69 9 месяцев назад
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
@drawusadotcom
@drawusadotcom Месяц назад
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.
@punithraocm5742
@punithraocm5742 Год назад
what is the transaction prices in stripe
@MerchantMaverick
@MerchantMaverick Год назад
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/
@pennywhife9607
@pennywhife9607 Год назад
what % do you take for each transaction
@MerchantMaverick
@MerchantMaverick Год назад
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!
@shaniecep5388
@shaniecep5388 2 месяца назад
​@MerchantMaverick Would that separate conversion fee show as a separate fee in my bank account?
@stefanhansen1401
@stefanhansen1401 2 года назад
Stribe is for b2c, right?? b2c = business to customers. If payment is only bank transaction and not credit card
@MerchantMaverick
@MerchantMaverick 2 года назад
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.
@izumiwashere
@izumiwashere Год назад
Are you the guy from fantastic 4?
@jaydawg96
@jaydawg96 5 месяцев назад
Can you tell me how secure Stripe is with X? I am planning to use it with my monetization on Twitter/X
@MerchantMaverick
@MerchantMaverick 5 месяцев назад
Hey, Jay! We believe it should be as secure as Stripe typically is, especially if you use a hosted checkout. 💪 We hope this helps!
@shaolin6
@shaolin6 2 года назад
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
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@shaolin6
@shaolin6 2 года назад
@@MerchantMaverick thank you so much ive read it and its made it easy for me to pick. thanks
@MerchantMaverick
@MerchantMaverick 2 года назад
@@shaolin6 So glad to hear that!! Thank you for replying back to tell us! 😃
@benjiisaias2489
@benjiisaias2489 2 года назад
I heard you’re able to create different credit cards is this true?
@MerchantMaverick
@MerchantMaverick 2 года назад
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
@ardwych4881
@ardwych4881 Год назад
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'.
@amahevangel6227
@amahevangel6227 Год назад
Can stripe be used to fund a payoneer account?
@MerchantMaverick
@MerchantMaverick Год назад
Hi, Amah! Yes, it can. You can link it from the dashboard just like any other regular bank account. Hope this helps!
@amahevangel6227
@amahevangel6227 Год назад
@@MerchantMaverick Alright, thank you
@TheWanderingWayfarer
@TheWanderingWayfarer 2 года назад
Lol... as soon as the 3 minute mark hits I'm lost with all the tech talk. Thanks anyways.
@MerchantMaverick
@MerchantMaverick 2 года назад
Lol Dad TV we hear you! If you consider picking it back up here ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-uWbj8QgEGcc.html you may find more of what you're looking for! Thanks for watching and sharing your feedback too!
@Another14-
@Another14- 2 года назад
Yeah sometimes ppl teach as if we already know what their teaching. I never understood why ppl do that tbh
@darkomaksimovic3456
@darkomaksimovic3456 2 года назад
Makes sense, he should have gone for the magical wand instead
@poisonpixie1146
@poisonpixie1146 2 года назад
Same
@yusratadeoti8531
@yusratadeoti8531 2 года назад
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
@MerchantMaverick
@MerchantMaverick 2 года назад
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: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-zoO5tF7qxnw.html for more advice. Best of luck to you!
@kurkwelch773
@kurkwelch773 2 года назад
@@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.
@MerchantMaverick
@MerchantMaverick 2 года назад
@@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!
@patrickwan2433
@patrickwan2433 Год назад
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.
@lubnawakeel2136
@lubnawakeel2136 10 месяцев назад
What is alternative way?
@snowballassets
@snowballassets Год назад
What's the difference between Stripe and a regular bank account. Why wouldn't I just keep all my company's funds in stripe?
@MerchantMaverick
@MerchantMaverick Год назад
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.
@sidhardhgopakumar
@sidhardhgopakumar 2 года назад
i am now more confused than I was before the video
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@billmoore7305
@billmoore7305 3 месяца назад
Stripe is a nightmare. Avoid at all cost. Customer service is nonexistent if you have a problem or want to delete your account.
@MerchantMaverick
@MerchantMaverick 3 месяца назад
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/
@RollerPigg
@RollerPigg 10 месяцев назад
How well does Stripe play with the firearms industry?
@MerchantMaverick
@MerchantMaverick 4 месяца назад
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! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-DGwW62f0b78.htmlsi=YBNHUw60jWwNHJrQ
@vmhmac
@vmhmac Год назад
😳 HUH!
@ddrci88
@ddrci88 2 года назад
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
@JM-ij6qx 2 года назад
Nope! Ask for atlas my friend. You can use it without being on the US! Stripe rocks!!
@ddrci88
@ddrci88 2 года назад
@@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
@TishA-ld5wd
@TishA-ld5wd 9 месяцев назад
Do I pay to use stripe
@MerchantMaverick
@MerchantMaverick 4 месяца назад
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/
@dilsatpinar1146
@dilsatpinar1146 2 года назад
This was not a setup, just talking about it
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@royalqueenshantelhobson-ma9706
@royalqueenshantelhobson-ma9706 2 года назад
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
@MerchantMaverick
@MerchantMaverick 2 года назад
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!
@SECRETSINTHEINKWELL
@SECRETSINTHEINKWELL Год назад
What is their phone number?
@MerchantMaverick
@MerchantMaverick Год назад
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/
@robsweeney7028
@robsweeney7028 2 года назад
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
@robsweeney7028
@robsweeney7028 2 года назад
@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
@markangelquiatchon7831
@markangelquiatchon7831 Год назад
If youre processing that volume on your merchant account stripe will classify you as high-risk, does holding your fund
@michaelcrutchley6512
@michaelcrutchley6512 3 месяца назад
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?
@MerchantMaverick
@MerchantMaverick 3 месяца назад
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!
@ClickTamil
@ClickTamil 8 месяцев назад
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
@MerchantMaverick
@MerchantMaverick 4 месяца назад
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!! 🤞
@ClickTamil
@ClickTamil 4 месяца назад
@@MerchantMaverick still not recovered it
@nadahkhi
@nadahkhi Год назад
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.
@MerchantMaverick
@MerchantMaverick Год назад
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!
@MrVayolence
@MrVayolence Год назад
I am considering it because PayPal is a scam.
@LostHope84
@LostHope84 Год назад
Lmao, sure it is. This shit is a much bigger scam.
@MrVayolence
@MrVayolence Год назад
@@LostHope84 i said considering it...what is alternatives would you recommend?
@johnmillichap3199
@johnmillichap3199 4 месяца назад
Not useful
@MerchantMaverick
@MerchantMaverick 3 месяца назад
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/
@shirleyhirst5643
@shirleyhirst5643 4 месяца назад
I am rather nervous of using Stripe, I just don't trust it!
@MerchantMaverick
@MerchantMaverick 4 месяца назад
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/
@kurkwelch773
@kurkwelch773 2 года назад
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.
@jsdevtom
@jsdevtom 2 года назад
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.
@johncelletti3108
@johncelletti3108 Год назад
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
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