Stripe - what, how, why

In this guide we'll look at the benefits of integrating payment processor Stripe, onto your teamup dashboard.

What

 

  • Stripe is a quick and secure way to accept credit card and debit card payments online.
  • At this time, Stripe integration is available for customers with U.S., Canadian, U.K., Irish, and Australian based bank accounts
  • Stripe exceeds the most stringent industry standards for security. See https://stripe.com/help/security for more information on this.
  • Funds are added to your bank account on a seven-day rolling basis.


How

Integrating Stripe is quick and easy.

From your teamup dashboard, navigate to Settings>Payments>Manager Payment Methods.
From here click 'integrate':



and then connect with Stripe:



You will be redirected to Stripe to create an account/ sign in to an existing account.

Once Stripe is integrated, customers will be able to select this payment type, when adding a payment method to an applicable event.

WHY 

  • No monthly fees

Only get charged when you earn money. 

United States - 2.9% + 30 cents per successful transaction 

United Kingdom -  1.4% + 20p for UK issued cards (Visa, Mastercard and American Express)

(2.9% + 20p for non-UK issued cards)

Ireland - 2.4% + 24 cents per successful transaction + Value Added Tax (VAT)

France - 1.8% + 25c for French issued cards (Visa, Mastercard and American Express)

(2.9% + 25c for non-French issued cards)

Australia -  1.75% + 30 cents for domestic cards and 2.9% + 30 cents for American Express or international cards. 

  • You can charge almost any kind of credit or debit card:

    • U.S. businesses can accept Visa, MasterCard, American Express, JCB, Discover, and Diners Club.

    • Australian, Canadian, and European businesses can accept Visa, MasterCard, and American Express.

     

  • No refund costs

If you refund a transaction, Stripe will return the entire fee.

  • No hidden fees

Stripe has no setup fees, no monthly fees, no card storage fees.

  • It's quick and easy to setup on teamup, and for your customers to use
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