Update: Our Stipe integration is now live. We are excited to announce that we will soon enable you to sell tickets using the Stripe payment system in addition or instead of PayPal.
If you haven't heard of Stripe, it's a new way for you to collect money online. Here are the headlines:
Signing up is incredibly easy
You simply fill out a short form and within 5 minutes you can start to accept credit card payments for your online ticket sales using Stripe. There's no need for a merchant account or anything like that.
In the UK, the fees are just 2.4% + 20p per transaction or less with volume sales. That's a percentage cheaper than where PayPal starts. If you have high volume it would be worth investigating who can give you the best deal.
In the US the fees are 2.9% + 30¢. so on a par with PayPal. Again, the fees drop with volume so you should dig in to the volume discounts to see who works out at best value.
7 day rolling payout
Stripe pay your funds to your bank on a 7 day rolling basis. How cool is that?
Instead of going off to a branded/co-branded page, the Stripe payment form just pops up, asks the user to enter their card details and goes away again. It works beautifully on mobile too. It really couldn't be simpler so it should be great for optimising your ticket sales conversion. We'll publish some screenshots when it's close to launch.
Stripe provide an online dashboard where you will be able to see all of your sales and export data as CSV.
There's more you might need to know so check out the Stripe FAQs. It's coming to Ticket Tailor very soon and we'll update you here on the blog when it's live. If you have any questions don't hesitate to get in touch via email@example.com.