NEWS UPDATE: Stripe, US-based payment gateway firm is officially launched in India.
Hi folks, Do you know, during this COVID time, staying indoor and maintaining a quiet stillness doesn’t sound peaceful for me, I hope that’s what rolling in your inner-self. It doesn’t mean, we have to run to the streets and get buzzed by policemen. Staying indoor with a busy mindset and control over advanced technology or hobbies is what I came to say and are some tricky thoughts one can follow. Well, compared to my previous blogs, I cant fully-track today’s evolving marketing landscape that is feeding many business productivities. And you may likely get in touch with current on-demand apps that stay safe and highly profited to not all business giants but a few during this pandemic crisis. So, instead, I like to go for a different secured topic, which one must know while entering a business world or launching an eCommerce website or store. Let’s continue reading…
EMERGENCE OF STRIPE
Stripe, a US-based technology company from San Francisco, California since 2009 by two young brothers (age 20) Patrick Collison (CEO) and John Collison (president). This software serves as a payment gateway for businesses and individuals for making and receiving money over online portals. By 2019, with many funds raised, the company is heightened Worldwide valued around $35 billion, with more than 2000 employees across 14 global nations that include London, Paris, Dublin, Tokyo, Singapore, and San Francisco. Big Giants like Google, Microsoft, Uber, Amazon, Shopify, and Spotify are being their trusted customers as the tech solution is fully secured, preventing fraudulent with a protected payment system.
After 7 years of 25 countries successful operation, recently, Stripe is officially launched in India as one of the best payment gateway firms for dropshipping stores, that automatically comes in the clash with Indian firms like Razorpay, PayPal, PayTM, CCAvenue, FonePaisa, GooglePay and more. Will this gateway stay for the long term? There are many researchers explaining that Stripe supports any Indian business that is operating on sole proprietorship or Limited Liability Partnership (LLP) or domestic. In short, Stripe is an online credit card processing system that offers store owners accept customer’s credit card payments from the website. And also while analyzing the user review pack for Stripe, I was quite surprised to find many strong recommendations who love using this, as it has many third-party integrations.
BUSINESS BENEFITS OF STRIPE
This inexpensive payment gateway has some major benefits that allow users to stay connected to a particular shopping site, retail, e-commerce, B2B site, B2C site while undergoing payment process and the following are the reasons.
- Recurring payments quick to set up
- Trial duration of payment deferred
- May offer a discount and coupon codes for customers
- Allows to set payments by subscription
- When a customer switches its early-billing subscription, Stripe offers you the right to charge pro-rata fees
- Capacity to rebook a customer quickly without keeping credit card information
- An efficient system for reminders
- No compensation charges
- Insightful graph and diagram interface allows data accessible and transparent
- Smooth checkout opinion means more conversions
HOW VALIANT SYSTEMS INTEND MAKING YOUR BUSINESS SUCCEED
As Chennai’s leading web design and development company, we found Stripe easy setup and maintainable with its awesome API. During this COVID-19 impact, many businesses have fallen off the scale and to take back the platform with a robust online store or website, we come in offering the best web design with built-in integrations that are tech-driven. Stripe is one of our secured payment gateways along with Razorpay and some other. The pros of Stripe is that it doesn’t serve just specific bank as the system supports multi-currency, giving the retail owners sell their products globally with 100% satisfaction. Interested to know more, get connected with us, and be one of our happy growing customers.