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What Is Stripe Payments? Stripe is a third-party payment processor that enables merchants to accept creditcardpayments. Using Stripe Payments, you can accept a wide variety of payment options—creditcards, wallets, and international currencies—both in-person and online.
Stripe is a third-party payment processor, meaning it processes creditcard transactions from a portfolio of different companies into a single merchant account (an account used to accept creditcardpayments). Features of Stripe Payments. for every creditcard transaction and 2.7% + $0.30
After all, the provider you choose will dictate how you accept payments, what types of payment you can accept, and how much you have to pay in fees in order to actually process creditcardpayments from your customers. SumUp also gives you the option to accept card-not-present payments using a virtual terminal.
Stripe is one of three payment gateways that come pre-installed with WooCommerce. To set it up, simply select Stripe in your setup wizard and complete your account setup conveniently within your WooCommerce dashboard. Or, you can always switch to Stripe in your WooCommerce payment settings and complete the setup there.
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