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🌟 Discover the Best Payment Merchant for Your Business! 🌟 🔍 Struggling to choose between Square, Stripe, and PayPal Business? We've got you covered! Dive into our latest blog post where we break down the essentials: 🚀 Square: Perfect for those who juggle between in-store and online sales. User-friendly, versatile, and designed for growth. 💻 Stripe: Ideal for the tech-savvy business looking for customizable online payment solutions. Tailor your payment process to fit your unique business model. 🌍 PayPal Business: Trusted globally, it's the go-to for secure and easy online transactions. Expand your reach with a platform recognized worldwide. 🔑 Key Insights: Pricing, services, ease of use, and more. Make an informed decision to boost your customer experience and operational efficiency. 🔗 Click the link to read more and find out which payment merchant aligns best with your business goals! 💡 https://lnkd.in/g_QDQEEM #PaymentSolutions #BusinessGrowth #SquareVsStripeVsPayPal #HoleDigital

There is a lot to unpack from Stripe's 2023 Annual letter. Here are my 3 key takeaways: ✅ Online Payment Enhancements: A century-old company boosted its conversions by 20% with Stripe's tools for its newly launched accommodation service. ✅ Revenue and Finance Automation (RFA): Stripe simplifies complex financials including billing, tax, and revenue recognition processes for major enterprises, unifying disparate payment systems. ✅ Enterprise Transformation: Over 100 companies now process more than $1 billion annually with Stripe, and this number continues to grow. These are exciting times for all our partners and future Stripe users. 🎉 #stripe #fintech #paymentsolutions #digitalpayments #ecommerce #onlinepayments #paymentprocessing #techinnovation #financialtechnology #enterprise https://lnkd.in/gkcsSztU

Choose Wisely: Stripe vs. PayPal 🌐 Navigating the realm of payment platforms? Dive into our analysis of Stripe and PayPal, two titans in the payment technology landscape. Both offer robust features but cater to different needs: Stripe: Known for its extensive global payment methods and support for multi-currency transactions, making it ideal for international expansion. PayPal: Renowned for its comprehensive payment solutions and widespread adoption, supporting transactions in over 200 countries. At Spreedly, we’re vendor-agnostic, giving you the flexibility to integrate these platforms seamlessly into your payment operations. 🔗 Discover how each can fit into your business strategy: https://bit.ly/4gSyYWO #Fintech #PaymentSolutions #Stripe #PayPal #SpreedlyInsights #GlobalPayments

The payment processing space is changing. Signal: Shopify is now offering an alternative processor relationship via Paypal after having a longstanding relationship with Stripe. (see below) Why is this significant? Everyone at scale is competitive but what happens when the conversation moves away from pricing? Larger merchants are going to be optimizing for auth rates, localization, card types, risk profiles, payment methods in addition to the simple primary and retry options. Can you help them deliver these outcomes? PSPs will have leverage to negotiate with processors and make it performance based. Orchestration has been all the buzz in the ecommerce world but the bigger picture is having the flexibility to have multiple acquiring and processing partners will be the commercial foundation for long term success. Working with a gateway partner or payments infra providers that can help enable these outcomes will be a key driver for winning the next RFP 🔑

🌍 Ready to expand your business internationally? Discover how to accept payments globally through Stripe! 💳✨ Check out this insightful guide to streamline your payment process and reach customers worldwide. #GlobalPayments #Stripe #Ecommerce #DigitalPayments #BusinessGrowth #Fintech

#SarahsSummaries ⭐️ 3 Things I Always Ask on my B2C Customer Calls: ⭐️ Where are your customers based? ⭐️ What payment methods do you currently accept? ⭐️ Why are digital wallets not supported today?! [you'd be surprised how many businesses don't offer this!] With legacy payment providers and processors, you're looking at spending lots of time writing code trying to add in just ONE payment method (e.g. apple/google pay). With Stripe's Payment Element we enable certain payment methods for you by default. We might also enable additional payment methods after notifying you. You use the Dashboard to enable or disable payment methods at any time -- There is no additional cost for using the Payment Element or Stripe Checkout. Businesses can integrate in hours using Stripe’s industry-leading documentation. https://lnkd.in/g53-FtFR Stripe Stripe Partner Ecosystem #Stripe #payments #fintech #payments #paymentoptimization

I Guess Tomorrow Finally Arrived According to Stripe "Payment processing is the sequence of actions that securely transfer funds between a payer and a payee. Typically, it involves the authorization, verification, and settlement of transactions through electronic payment systems". When making any payment through transfer services or cards, what most people know and are concerned about is that their transfers go through and that there is no dispute. What if I tell you that the simple transaction sometimes goes through as many as 7 or even more middlemen? For instance, A card transaction on a POS terminal typically goes from: 📌 Card -> Terminal (Acquirer) -> Acquirer Processor -> PTSA -> Card Scheme -> Issuer Processor -> Issuer (Typically Bank) then the process goes the other way. 📌 Guess What? The process is not done. After all this, 'settlement' is made to balance the books of all parties. 🤣 ( I hope this helps you appreciate what Financial Institutions do, a tad better) In the Illustration above, we can see the playout of a payment system: 📌 Termina (Acquirer) and Issuer represent Financial Institutions 📌 The Card is the Financial Instrument 📌 The issuer Processor, Acquirer Processor, PTSA, and Card Scheme are all Payment Processors. In the bid for simplicity, I will end this article here. Feel free to ask questions or add your thoughts to this article in the comment session. I will be picking some of the concepts I have mentioned in this article and expatiating upon them in subsequent posts

Ever thought of a specific payment feature for your business? Try asking it from Stripe or PayPal. You’ll probably get ignored. These platforms are notorious for their unattended customer feedback. But with JJS Global, we take your feature requests straight to the devboard. 💪 Today’s tech evolution has blurred the lines between payment processors and tech innovators. And big names like Stripe and PayPay first started as fintech ventures. The problem is, they’re not always on the same page as business owners. And they have less flexibility and customization options for your business. So it often feels like they’re not listening to your needs. But we hear you loud and clear. When you give feedback, we don’t let it gather dust. They go straight to our tech wizards, transforming them into features that you actually need. Because we believe every merchant's voice matters. No jumping through hoops. No 'majority rules'. Your input directly shapes our service. 🚀 We're redefining payment processing – making it personal, responsive, and heck, even exciting! So, let’s talk about crafting a payment solution that’s as unique as your business. Comment below or slide into our DMs. Let’s make your payment experience not just powerful, but personal. #PaymentProcessing #PaymentSolutions

Is this a pain in the bum that I'm going to have to deal with? Stripe has emailed customers (of which my company, Vortex Centrum, is one) to say "We're writing to let you know that on 1 August 2024, we will automatically enable Klarna in your Payment Links" So, on the payment page, which Stripe hosts, there will now be cards, various ewallets and Klarna. The Stripe website says "If you’re in the UK, there are FCA regulatory requirements in the UK regarding advertising Klarna’s BNPL payment methods. Failure to comply can result in criminal charges. As per these requirements, you must only advertise Klarna with messaging approved by Klarna. You can find Klarna approved messaging in Klarna’s UK Financial Promotion Rules." We use Stripe for sales off the page and for invoicing for small consultancy and training and tickets for The Financial Crime Forum as well as collecting voluntary support for e.g. World Money Laundering Report and FinCrimeTV through HonourPay. Are we to be considered to be advertising Klarna just because it's added to a payment page over which we have no control (and, incidentally, to which we cannot add Klarna's message if Stripe doesn't do it itself)? What's really silly is that, if I want to offer instalments I can do it through a function within Stripe and without the intervention of a third party payment provider. True, with Klarna I'd get the full payment (less fees) immediately but it's not clear who bears the loss if the customer doesn't pay Klarna - do we? Stripe says "We've seen that this payment method drives net-new sales, helps businesses reach new customers and reduces liability for customer fraud. When your customer reaches your checkout page, we'll dynamically display the most relevant options for each transaction." It's not even for books - that's handled through Amazon unless someone bulk buys in which case we would handle that and invoice - but as Klarna isn't available for B2B sales, which bulk buys are, that's not relevant anyway. It all looks like a lot of fuss for no worthwhile benefit. #stripe #klarna #buynowpaylater #morriscotterill #thefinancialcrimeforum #invoicing #honourpay

Stripe 🤝 TrueLayer. A milestone in the evolution of digital commerce. 📣 Today, we’re announcing that we’ve expanded our partnership with Stripe. TrueLayer now underpins Stripe’s new Pay by Bank offering across its UK payments products. “We’re thrilled to partner with TrueLayer to help British businesses selling high-value goods and services save tens of thousands of pounds in payment fees every month.” — Eileen O’Mara, Chief Revenue Officer at Stripe So, what does this actually mean for merchants? ⚡ UK merchants using Stripe can instantly add Pay by Bank to their checkout 🚀 TrueLayer’s open banking technology means flexible and real-time account to account payments 🔒 Pay by Bank is safe and secure, with seamless SCA baked in Find out more about our expanded partnership: https://okt.to/bESdZI #stripe #truelayer #paybybank #openbanking #payments