What is Stripe?
Stripe is an international payment platform founded in 2010, with offices in San Francisco and Dublin among other places. It processes payments for millions of businesses in more than 46 countries, from sole traders to large companies.
Stippa uses Stripe Connect. When you connect, Stippa creates a Stripe account for your business. When a customer pays, Stripe passes the amount on to that account. Stippa takes nothing out of it.
Which payment methods can I offer through Stripe?
Through Stippa, Stripe lets you offer these methods:
- iDEAL: the most popular payment method in the Netherlands, through every major bank
- Credit and debit card: Visa, Mastercard and American Express
- Bancontact: widely used in Belgium
- Klarna: pay later or in instalments
You choose which ones the customer sees under Payment methods.
What does it cost?
You only pay when a payment comes in. There is no fixed monthly fee. These are the fees Stippa shows, per successful transaction and excluding VAT:
| Payment method | Fee per transaction |
|---|---|
| iDEAL | €0.25 |
| European cards | 1.4% + €0.25 |
| Non-EU cards | 2.9% + €0.25 |
| Bancontact | 1.4% + €0.25 |
| Klarna | 3.29% + €0.35 |
Stripe can change its fees. Check stripe.com for the current fees.
When do I get my money?
Stripe transfers the money from your account to your bank account. How often that happens, you can see and change in your Stripe dashboard. In Stippa you open it with Stripe dashboard under Administration > Payments & accounting > Payments.
Is there a test mode?
No. The account Stippa creates accepts real payments as soon as it is connected.
What are the advantages of Stripe?
- Strong fraud detection (Stripe Radar)
- A detailed dashboard with payment overviews and reporting
- Active in more than 46 countries
What are the drawbacks?
- Support is mostly in English
- Through Stippa, fewer payment methods than Mollie: no PayPal and no Apple Pay
- Identity verification can take more steps for some kinds of business
How do I set Stripe up?
See Setting up Stripe to receive customer payments for the step-by-step.