Stripe Payment Processing Added to KhooSeller
We are pleased to announce that we have added in Stripe as a payment option. Stripe can be used in conjunction with PayPal, or as an alternative to Monek UPG, and is very quick to set up.
Taking payments online can be a complicated process for eCommerce merchants, but Stripe makes the process a whole lot easier. In essence when a merchant signs up to Stripe they become a sub-merchant of Stripe, which negates the need for a merchant account. Stripe then carries the risk, and it is easy to sign up and become a merchant.
With Stripe there is no monthly fee, just pay-as-you-go pricing, which for existing customers is:
- 1.5% + 20p for European cards
- 2.9% + 20p for non-European cards.
Information on pricing can be found on Stripe's website.
There is a small admin charge of £45 + VAT for set up, but if you would like to take payments by Stripe please let us know.