Getting started with Stripe
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Stripe is a third-party payment processor designed for online business, offering tools for developers to handle payments effortlessly. It includes features like payment data tokenization, fraud prevention tools, subscription management, and webhooks for event notifications. While it has strong documentation and security measures, it has limitations in customer support and the number of supported countries.
Getting started with Stripe
- 2. Payment systems used by me Another payment systems
- 3. Usability and Opportunities comparison
- 4. What is Stripe? Stripe is a third-party payments processor built around a simple idea: make it easy for companies to do business online. It’s not just about processing credit cards. Stripe primarily targets developers with a suite of tools that make it nearly effortless to handle everything from in-app payments to marketplace transactions
- 6. Pricing
- 8. How it works
- 10. Create custom Stripe form ● Include Stripe.js library ● Add ‘data-stripe’ attribute for inputs ● DO NOT add ‘name’ attribute to field which will communicate with Stripe
- 11. Client Server
- 12. API authentication Stripe support authentication via API keys NOTE: All API requests must be made over HTTPS.
- 13. Using card information with Stripe: STEP 1: Securely collect payment information using tokenization ● Checkout ● Elements(new in v3) ● IOS/Android SDKs STEP 2: Use the payment information in a charge request or save it for later ● Charging your customer immediately ● Saving your customer’s card information
- 14. Payments security Radar is a suite of modern tools to help you fight fraud. ● Machine learning-based risk evaluations on all your card payments ● Rules to automate custom business logic ● Review unusual payments and take action through the Dashboard
- 15. Rules ● Allow all payments from your call center’s IP address ● Block payments made from a location or card issued outside your country ● Review all payments greater than $1,000 that have been made with a prepaid card
- 16. Review Once you’ve reviewed a payment, you can remove it from the review queue by taking one of the following actions: ● Approve: Closes the review with no changes made to the payment ● Refund: Refunds the payment without reporting it to Stripe as fraudulent ● Refund and report fraud: Refunds the payment and reports it to Stripe as fraudulent. This improves our machine learning models’ judgments and further increases the effectiveness of our fraud prevention.
- 18. Subscription Subscribe the customer to the plan Plan Define a plan that sets how much should be billed and at what interval How it works Customer Create a customer in your Stripe account
- 19. Subscription ● Customer ● Plan ● Trial end(optional) ● Tax percent(optional) Plan ● Amount ● Interval ● Name ● Currency ● ID How it works Customer ● Source(token with card info) ● Description(optional)
- 20. Invoices Invoices are statements of what a customer owes for a particular billing period, including subscriptions, invoice items, and any automatic proration adjustments if necessary. Invoice Invoice itemInvoice itemInvoice item
- 22. Webhook Webhooks are a tool Stripe uses to notify your server of account events.
- 26. Stripe benefits ● Awesome documentation ● PCI Service Provider Level 1 ● Custom form with security ● Data Portability ● Custom data learning machine(Radar)
- 27. Stripe disadvantages ● Support ● Countries support (only 25)
- 28. Trust
- 29. Before starting with payments: ● Clarify ALL requirements ● Check payment system history/feedback ● TRIPLE-check countries support