I use Freshbooks to invoice and bill my clients, Basecamp to organize my projects and until recently a host of payment processors to accept payment. Though having reviewed a good number of the payment processing options on the market I’ve recently discovered one I can confidently declare as the best one on the market.
It’s the Stripe payment processor. Now I’m not being compensated in anyway for writing this, though out of the ease and practicality of this software, I felt a need to share the goodness of it so to speak. This payment processor is the new kid on the block and its clean, efficient, and straightforward offering falls in line with the way online business is conducted today, like no other payment processor on the market.
Why Stripe payment processing is the best option on the market
My appreciation for this software stems from its closed loop payment management. With Stripe you don’t need a gateway or merchant account, because Stripe handles everything including storing cards, subscription, and direct payouts to your bank account. In addition, for the developer, it lets you build your own payment forms while avoiding PCI requirements because it takes care of it. PCI requirements are compliance requirements that ensure the safe handling of cardholder information at every step.
The great value that I find with Stripe payment processing is the cost for all that it offers and it offers a lot. Some of the popular payment processors, such as PayPal and Authorize.net have setup costs, monthly costs, anti-fraud costs that are assessed on a monthly basis and other transaction based charges. Stripe payment processing isn’t saddled with these front-end and backend draws, instead it offers a singe cost structure, a 2.9% + 30 cents per successful charge. Read their pricing.
Simplifies online payments
As a developer who provides solutions to small businesses, Stripe payment processing is an added value item for my clients. It streamlines payment processing and simplifies the cumbersome and sometimes confusing process involved with taking payments online. It allows my clients to run their businesses without worrying about their payment processing rates or transaction costs, and as a developer provides me with the tools to integrate a best in class payment processor into my development cycle.
