WooCommerce is one of the most famous and successful e-commerce content management systems in the whole world – if you want to get a high-quality e-commerce shop up and running, WooCommerce is the perfect solution. One very important aspect of running an e-commerce website is setting up a proper payment method – it is arguably the most important aspect of running an online store. Especially if you ship internationally, lacking a proper payment method that accepts local currency, master cards, visas, etc. could potentially lose you a ton of revenue. You need a payment method that you can easily implement, is universal and can be trusted by people worldwide, and that is where Stripe enters the picture.
Stripe is a relatively new payment system having just launched in 2011, but during this short eight years, it has managed to start conducting business in more than a hundred countries, has more than two thousand employees, and be a company that’s valued at more than twenty billion dollars. Its growth numbers are simply astounding and there are good reasons for it:
– It isn’t just a payment system: what makes Stripe great is all the extra bells and whistles that come with the system. It features a high-quality analytics tool that helps you analyze your revenue sources and learn what makes you money and what doesn’t. It has a highly advanced machine-learning-powered fraud detection system that gets better every day, it has a flexible API that lets developers implement it directly in their mobile apps, and much more.
– It supports a lot of different payment methods: do your clients like to pay with Google Pay? Stripe supports it. Do they like to pay with Apple’s payment app? Stripe allows it. It supports a lot of different platforms and it makes it really easy for end-users to pay for your products. Ideally, you want to support as many payment methods as possible on your e-commerce platform because that means that all potential-customers will pay for your products/services with the payment method they are most comfortable with.
Why Stripe in WooCommerce?
Now that we’ve shown how good is Stripe, does it have any relevance to WooCommerce? Why Should you decide to go with it instead of myriads of other payment methods?
– It has official support from WooCommerce: with the official WooCommerce Stripe plugin, you can be sure that the payment system is properly supported in your CMS. You don’t need to install third-party plugins and troubleshoot your pages for hours just to implement it properly on your website – this is not to mention all the security risks you’ll be taking when allowing a third-party app to help you process payment information. The WooCommerce plugin is fast and safe.
– Its features make it surprisingly suitable for an e-commerce platform: supporting both mobile and PC, multiple payment methods, and direct implementation on your web pages make Stripe an excellent choice for businesses anywhere in the western world. It streamlines so many processes for you – it has never been faster and easier to get a high-quality payment platform up and running on your e-commerce website.
Hopefully, this article sheds some light on Stripe and how to use it in WooCommerce. Although, if you’re new to the platform, you might not be able to implement it efficiently. It is very important to ensure you get the payment system correct because a single mistake or security flaw could open you to lawsuits and millions in damages. The safest way is to hire a software agency specialized in WordPress like Acclaim to help you get your payment system up and running properly.