Great at what it does, recent changes make it less great.
February 29, 2020
Great at what it does, recent changes make it less great.
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Stripe
- It processes payments in a secure fashion.
- It's API integrates with all of our platforms quite well.
- It has a nice user interface.
- It handles subscriptions and payment plans well.
- The reporting features could use some improvement. They don't always give clear details.
- They recently changed their policy so if a customer asks for a refund, they only refund the amount that went to us - they no longer refund the fee, which means that we essentially lose that 3.5% fee for any refunds.
- They also recently changed their policy so that the fee for international payments is higher than it was before, which is disappointing since we chose them based on the fact that their international fees were low.
- It doesn't notify us or users if they are on a subscription and their payments fail due to cards expiring. It would be great if it notified us of that.
- It's had a positive impact as it has allowed us to collect a lot of money!
Stripe does subscriptions pretty well, and the API makes it really easy to work with compared with PayPal. And Shopify seemed to have a lot more limitations as to where it could be implemented, when we researched it several years ago.
Do you think Stripe Payments delivers good value for the price?
Yes
Are you happy with Stripe Payments's feature set?
Yes
Did Stripe Payments live up to sales and marketing promises?
Yes
Did implementation of Stripe Payments go as expected?
Yes
Would you buy Stripe Payments again?
Yes