Stripe

Stripe user for many years!!

Comments: Stripe safely collects payments and they quickly arrive in my bank account. For my personal business I get paid within a few days and as a dog walker through Wag I have the option for instant payments! I love Stripe and I love how they keep track of all my income, it makes it very easy to refer to when doing my taxes.

Pros:

Stripe tracks all of my income in both my personal business and as a Wag dog walker! I have been using Stripe for years and it has always made payments easy; both as a business owner collecting payments from customers AND as an employee being paid through Stripe.

Cons:

I don’t love the fees, but every payment processor has fees and I wouldn’t say that they are more than their competition.

Payment Processing For Busy Owners

Comments: I have had a very positive experience with Stripe. I started with them using their express integration with a few other softwares. I switched in January 2023 to the full software and have enjoyed it since.

Pros:

I like that Stripe handles all reoccurring payments. Once you set up the product, there is a no code payment link you can send to customers. They handle the rest!

Cons:

There are A LOT of features. My business is a 1 person company. Though my business may scale in to some of these features, Stripe offers a lot of features from the get-go, can be overwhelming when deciding on WHAT you actually need

Alternatives Considered: PayPal

Reasons for Choosing Stripe: I wanted something automated, something that could handle remote payments better, and could scale with my business.

Switched From: Venmo

Reasons for Switching to Stripe: No code payment links and a unique customer portal for them to control their billing

7 DAYS JUST TO TRANSFER FUNDS IS WAY TOO SLOW

Comments: In 2023, when I can instantly transfer money to virtually all my different accounts within seconds, stripe takes a full 7 days just clear a deposit of my own funds which would otherwise be instant. That's 7 days of them taking my money for their own purposes. In other situations you would just call that theft. Sorry Stripe. Not acceptable. Will not be using this platform anymore.

Pros:

Integrates with lots of other applications

Cons:

Takes FOREVER to just transfer funds to and from my account

Best payment processing service for any business

Comments: 5-Star easy-to-use payment processing service, and any time further detail is needed on a transaction to help a customer or resolve an issue, Stripe provides great detail on all transactions making it possible to provide valuable information to customers to resolve issues, and ensure the customer gets what they pay for and the business receives the payment for goods/services as intended.

Pros:

The easiest to use, inexpensive fee structure and top-notch fraud prevention - Stripe is hands-down the best payment processing system I have used in my 10+ years leading Customer Support teams. With the exhaustive detail Stripe provides on every transaction, businesses and customers alike usually have an easy and secure experience checking out with Stripe.

Cons:

Very few cons if any with Stripe. They seem to get things right in most aspects.

Alternatives Considered: PayPal Commerce Platform and Worldpay POS

Reasons for Choosing Stripe: Ease of use, integration with website POS management systems, fees, regions of availability

Switched From: Worldpay POS

Reasons for Switching to Stripe: Better overall offering was provided by Stripe

Stripe is a fantastic payment processing service for websites!

Comments: Stripe is a fantastic service that has a ton of features that have made our departmental payment processing so much easier!

Pros:

We utilize Stripe mostly with our departmental websites to collect service fees and payments. We love how easy it is to use and how great it looks for our site visitors.

Cons:

There are a few reports our finance department wished were available, but we were able to work around that problem.

Alternatives Considered: PayPal

Reasons for Switching to Stripe: The biggest sellers was the popularity of the service, the ease of use with our websites, and the look and feel of the service. The excellent reporting features were a plus for our finance department as well!