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Stripe Payment


Chapo
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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.
 
 
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