Chapo Posted April 18, 2022 Share Posted April 18, 2022 Stripe is simple to explain, It's a payment processor like PayPal or G2A Pay. If you aren't familiar with stripe I have left a link to their docs below as well. How stripe works First, the customer (You) provides their card information, their information stays within stripe (not visible to us and only used for payment). Those card details enter Stripe’s payment gateway, which encrypts the data. Stripe sends that data to the acquirer, a bank that will process the transaction on the merchant’s behalf. In this step, Stripe serves as the merchant (with the business owner as a sub-merchant). This means Stripe users (You) don’t have to set up a merchant account, which can be cumbersome. (You don't need an account to pay) The payment passes through a credit card network, like Visa or Mastercard, to the cardholder’s issuing bank (your bank). The issuing bank approves or denies the transaction. That signal travels from the issuing bank through the card network to the acquirer, then through the gateway to the customer (You) who sees a message telling them the payment has been accepted or declined. https://stripe.com/docs <-- if you want to check out their FAQ / Docs 1 1 2 1 Link to comment Share on other sites More sharing options...
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