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Stripe Payment Processing Added to KhooSeller

14 June 2021 10:20

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.