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Stripe Tutorials

How to Accept Bancontact Payments through Stripe: A Guide

When running an eCommerce store, transaction options are one of the biggest factors determining whether or not a customer will go through with their purchase. While website design provides visitors the opportunity to experience your brand and the products they put out, a hosted payment page system will allow them to turn that into reality. 

Payment page builders are extremely important for a streamlined checkout process. However, their importance is not stressed nearly enough. Offering a variety of payment options on a clean and easy-to-use payment page ensures that customers aren’t given a reason to leave. In a world where hundreds of other options are available at their fingertips, you can’t afford to lose them.

Bancontact

Bancontact is Belgium’s leading online payment method, in which it is utilized in up to a third of their online transactions. Founded in 1979, they have since been able to expand their reach and create a network for payments that work for the Belgian people. It is estimated that only less than 20% of businesses in the country do not offer the hosted payment page technology and it is reported that 27 million payments were processed in 2015. 

Bancontact payment details are normally single use but can be programmed to allow businesses to retrieve the bank account details of customers for subsequent payments to be completed. This can be done with the appropriate mandate authorization and links to the SEPA Direct Debit system for easy access. 

Fast Facts About Bancontact

Bancontact is a Belgium-based company that accepts payments via an authenticated bank debit system. Thanks to its customer-authenticated system, this offers safety and security for transactions, providing users with peace of mind. Since it accepts Euro currency, this is best suited for European Union countries looking for a good way to integrate this program with a Stripe payment system. Additional features include an immediate payment confirmation, as well as the ability to handle both refunds and partial-refunds in case of any issues. 

One of our favorite Bancontact features is its ability to set up recurring payments through SEPA Direct Debit, making subscriptions incredibly easy!

How To Accept Bancontact Payments Through Stripe

If your e-commerce site has a hosted payment page, Bancontact can be chosen as an option for checkout. There are two potential next steps, the first being when the customer is redirected to Bancontact’s page for payment credentials to be entered, which will notify the customer once the payment process has been completed. After the completion of this process, the customer will be returned back to the business’ site for the order details and other information. 

The other potential next step occurs when someone already owns a Bancontact account. First, the option is selected at checkout, then is redirected to Bancontact’s site containing a QR code to be scanned. The user will then enter their pin code and will be given a notification that the payment has been completed and will redirect them back to the business’ website. 

These can be integrated into Stripe’s system through proper programming and customization. 

What About Disputed Payments?

Thanks to the requirement of bank authentication for payments, the risk of fraud, or other kinds of unrecognized payments is low. This means that there will be no disputes that turn into chargebacks with funds withdrawn from a hosted payment page system (e.g. Stripe).

How About Refunds?

Bancontact payments have a refund period of up to 180 days after the original payment date. 

Advantages Of Using Bancontact As A Hosted Payment Page System

The best feature of the application is real-time confirmation and the guarantee of payment. For Belgian residents, this system is familiar, secure, and is extremely easy to use for any kind of customer. Additionally, the mobile application is well-optimized and is well integrated with online and mobile banking. 

Advantages For Merchants

Similar to the advantages for customers, Bancontact provides real-time payments that are low to no-risk and is a trusted payment solution by all of Belgium’s major banks. Because of this trustworthy and well-optimized system, sales are a breeze! The automatic enrollment system that utilizes QR codes and the application on mobile to make payments further expedites the process of making a purchase.

Conclusion

Hosted payment pages are important in running an eCommerce business, which is why investing in a premium payment page is worthwhile. The general rule of thumb is that the more steps a customer needs to take to buy something online, the more likely they are to abandon their cart. By utilizing streamlined payment pages like Stripe or Bancontact, the transactions made are easier and will make people think less about buying things from your store. 


Payment Page is a premium payment page builder that aims to assist international businesses of any scale craft easy-to-use and hassle-free checkout processes using apps like Stripe. We believe that the biggest factor that hampers an eCommerce store’s ability to sell all over is the lack of proper payment page builders, which is why we are here to help.

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Stripe Tutorials

How to Accept Klarna Payments Through Stripe: A Guide

Klarna is one of the largest Swedish banks today, offering online banking payment options to 85 million consumers through 200,000 merchants. The bank is in 17 countries, including Austria, Denmark, Finland, Germany, Norway, The Netherlands, the UK, and the US. Some of the world’s largest brands integrate with Klarna, including Timberland, Sephora, H&M, The North Face, and more.

One of the biggest draws to Klarna is how many choices it offers to customers regarding payment. There are three different payment options you can integrate using a payment page builder—Pay Later, Pay Now, and Slice It. With all of these options, the bank enables upfront payments, protecting both the customer and the merchant against fraud. 

Choosing Pay Later for Klarna

Pay Later allows a shopper to complete a transaction and defer the payment for a couple of weeks. He is usually given 14 to 30 days to settle the full amount. When the customer selects Pay Later, he will undergo the following process:

  1. At the e-commerce store’s checkout screen, he chooses Pay Later as his transaction option. Then, he is redirected to the hosted page.
  2. At Klarna’s redirect page, he may be prompted to enter additional details like his birth date. After this, his order goes to the next step.
  3. The bank runs an automatic credit search using his bank details and the information he supplied on the redirect page. Once it finishes, the purchase is approved.
  4. The browser automatically redirects to the merchant website, where the user could see that the order is complete.

Choosing Pay Now for Klarna

If the customer wishes to pay at the instant that he transacts, he can choose Pay Now. This option accesses credit stored in a digital wallet; he can facilitate bank transfers or card purchases through it.

  1. At checkout, when the customer chooses Pay Now, his browser will redirect to the Klarna hosted page.
  2. If he is a new user, he will get a window prompting him to enter his account credentials. If not, he can use his previously saved information to go to the next step.
  3. Klarna confirms the transaction and debits the digital wallet. Then, the customer’s browser returns to the merchant’s website.

Choosing Slice It for Klarna

If a customer wants to make staggered payments, he can choose Slice It, which enables him to pay for the item over a period. There are various installment plans, allowing the shopper to select a payment scheme that fits his budget.

  1. A customer can select Slice It at the checkout screen, which will redirect him to Klarna’s hosted page.
  2. Once he is here, the shopper can choose the installment plan that best suits his budget. The bank offers anywhere from three to 36 months to pay, with varying interest rates.
  3. After he confirms, the browser will ask him for additional details, which the bank uses for its instant credit search.
  4. If the transaction is approved, the browser redirects to the merchant’s website and completes the checkout.

Conclusion

Klarna lets your customer choose the payment option that suits his budget. Payment confirmation is immediate for Pay Now in all regions. For most countries, Slice It and Pay Later are also immediate. In the US and the UK, merchants get a temporary confirmation, and the payment clears after five business days. Overall, it gives customers a simple, flexible way to shop on your website.

Make shopping a breeze with Payment Page. Provide your customers with various transaction modes through a hosted payment page, which integrates with a WordPress site. Join us today or get in touch for details!

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Stripe Tutorials

How to Accept Przelewy24 Payments Through Stripe: A Guide

Przelewy24, also known as P24, is a payment method hailing from Poland. It’s regarded as one of the most preferred payment methods in the country, as it is tasked to facilitate transactions and fund transfers between 165 major Polish banks and businesses. Polish regard the payment method highly, especially since it allows them to pay for online transactions using direct online transfers from their bank accounts. 

The platform is also highly secure, as it ensures a 3D customer-authenticated payment completion. Payment confirmation is also immediate and should any issues arise, refunds and partial refunds are readily available for customers. Seeing as the Polish prefer P24 as their preferred method of payment, reaching this target market requires you to adopt Przelewy24 on your business platform. 

The question now stands: how do you do it? This guide seeks to help you understand exactly just that. Through Stripe, you’ll be able to offer P24 as online payment, further winning the engagement of prospective Polish customers. Here’s how:

How will it work for my business and potential Polish customers?

Step 1: Your customers will be directed to your checkout—Stripe will then enable them to select Przelewy24 as their preferred method of payment. 

Step 2: To pay with P24, they will then be led to another secure online environment. Here, they will be asked to authenticate their payment by logging into their respective banks. Account credentials will be inputted, to be then secured through the 3D authentication method. 

Step 3: Once the customer’s details are verified, they will receive a confirmation of the payment being successfully completed. Funds will then be transferred to your business, and the rest of the buying process will ensue. 

Note: Depending on your website’s structure, your customer can either be redirected back to the checkout site for confirmation. Refunds will also depend on your platform, as Stripe and Przelewy24 only serve as third-party payment gateways. Reversing funds fall entirely on the customer and business involved. 

Are dispute payments common? What are the risks involved?

Given Przelewy24’s nature, fraud and unauthorized payments are rare. Customers are required to authenticate their details upon payment, which is directly linked to their personal bank accounts. Due to this, cases of disputes rarely ever happen, but should the issue arise, a chargeback will ensue, to be withdrawn directly from your Stripe account. 

What else should I know about Przelewy24?

Przelewy24 operates under a time out method, meaning that shoppers are only given 15 minutes to complete their transactions. This is counted from the moment they enter the P24 payment page, including the choice of bank and re-direction to the said bank. 

Users are also given the chance to pursue an offline payment transaction, however, but will also be strictly under the 15-minute grace period. With that being said, merchants are advised to let their shoppers know accordingly—payments must be done immediately, or else they risk causing problems upon missing the time-out process. 

Enlist the Help of A Hosted Payment Page

Business owners in the modern world face a big problem—with such a competitive marketplace, ensuring that customers choose their brand can be difficult to accomplish. By choosing diverse payment options, however, you’re able to convince your customers to do more business with you. 

Such is the case with Przelewy24—as the leading payment method in Poland, you now open doors of opportunity to further your business reach. All it takes is the help of Stripe and a hosted payment page, and you’re all set!

If you wish to discover more payment options, work with Payment Page! We’re a payment page builder integrated with Stripe, making it easier for business owners like you to diversify their business operations. Through our special WordPress plugin, you’ll be able to witness secure and reliable options, best fit for a growing business! 

Accept payments from all over the world with us—reach out to us for more information!

Categories
eCommerce

5 Payment Options Your SMB Should Integrate in 2021

As businesses continue to innovate and incorporate various forms of technology into their operations, there are now dozens of options by which customers can complete financial transactions with your business online. In this article, we’ll focus on 5 key methods for accepting payments in 2021.

Credit and Debit Cards

As of 2021, 80% of customers prefer to make transactions using a credit card and are, in fact, willing to spend 100% more on products and services when using one. How you go about accepting these types of payments will depend on what kind of business you operate. 

If you’re a brick-and-mortar business, you’ll need a merchant account and card reader to accept credit cards. Merchant accounts allow businesses to receive payments in various ways. 

If you run an ecommerce business, you’ll need a payment gateway to accept online credit and debit card transactions. This will encrypt all information submitted by customers on your payment page, ensuring that their details remain safe and confidential. You don’t want to take any chances with information security, so be sure you’re employing a payment gateway that is PCI (payment card industry) compliant. 

ACH Processing

Monitored by the Automated Clearing House (ACH) Association, this payment method allows customers to disclose their bank account details and routing numbers for online payments. ACH processing is a popular method of accepting subscription or recurring payments. 

It’s proven advantageous to many SMBs, as it comes with lower fees compared to those that accept credit or debit cards. It’s also far more secure than accepting monthly written checks. 

Finally, ACH processing can save your business a lot of time, as payments are automatically withdrawn once you enter the customer’s information into your system. Ultimately, this will improve your cash flow and create a more predictable revenue pattern. 

Stripe is a payment gateway that supports ACH payments of many kinds with a Plaid integration. 

Recurring Billing Subscriptions

To make the working relationship easier between you and your customers and facilitate payments for products and services of all kinds, you can provide your customers with the option to sign up for a subscription plan. Using their debit or credit card, they can make automatic monthly payments that are convenient for them and guarantee that your business is paid on time, providing you and your customers with peace of mind.

PayPal, Stripe, and Square

If you’re using PayPal, Stripe, or Square, you won’t need to set up a merchant account. However, which method you choose will depend on the type of business you run, so be sure to research features that best suit your operations. Of the three, PayPal is among the top 3 highest-ranking eWallets online

Contactless Payment Systems

A new trend in the U.S. is that you can now accept payments wirelessly by asking customers to wave their card or device over a POS system. Without the need to enter a PIN or even scan a card, contactless payment systems are becoming increasingly popular in places like the U.K. and Australia. 

As the U.S. has been slow to adopt the trend, your business can take advantage of how Visa and Mastercard are beginning to offer contactless cards to customers. Additionally, mobile wallet methods such as Android or Apple Pay are becoming increasingly popular with mobile users. 

Payment Solution

Implementing new payment methods onto your website can be complex and take up a valuable amount of time. If you’re a SMB and need to accept online payments, you can team up with us at Payment Page. With our payment page solution, you can start accepting online payments in just a few easy steps using any of the gateways or payment options mentioned above.

Categories
eCommerce

4 Considerations When Choosing a Recurring Payment Processor

When it comes to doing business on the internet, accepting recurring payments can sometimes be a complicated matter. Not all payment solutions provide this functionality, and setting up recurring payments on payment gateways that do offer support for recurring payments can be complex.

To help you in this matter, we’ve compiled a list of questions you should consider before committing to any specific recurring payment processor. These questions should help you in making the right decision.

1. Which payment options do you want to accept?

There are a wide range of different payment options available when it comes to online transactions, and the number of choices only continues to grow. Credit cards are perhaps the most common for recurring payments, but you might want to offer your customers more flexibility depending on their location, target market, and other factors.

Make sure you choose a payment gateway that works with your specific business, and ensure they’re a partner that can meet your full needs. By doing so, you can guarantee that you will continue to receive and process payments smoothly in the future.

2. How technically proficient are you with payment gateways?

Configuring a payment gateway can often be a technical process that involves many complex steps. Do you have the ability to navigate your way through APIs or API keys, plugins, or other methods of actually accepting payments on your website, or would you be willing to take the time needed to become familiar with setting all these types of requirements up?

Depending on your answer, you will need to find a solution that matches your own level of proficiency. After all, you can’t expect to manage a payment gateway properly if you don’t know how to operate or set it up.

3. How would you like customer disputes to be handled?

Customer disputes are extremely common in the world of online transactions, especially when it comes to recurring billing. You can expect to run into these issues on a regular basis regardless of the type of recurring payments business you have, which means that you need to be sure that you are thoroughly prepared.

Finding a payment solution that makes it convenient for customers to file a dispute, to have a mediator to resolve the issue, and for you to preserve your interests all at the same time is an important consideration. In doing so, you can be certain that your business continues to uphold its integrity and reputation to continue attracting customers.

4. What other systems should your payment solution integrate?

A payment gateway is by no means separate from all the other aspects of your business. In fact, the opposite is true, and most of the other infrastructure that sustains your operations can be linked to your payment gateway to automate your business operations.

From marketing automation to transactional emails, you will need to ensure that the different functions of your business can be integrated seamlessly with the choice you make so that you can manage everything effectively and efficiently.

What we can do for you

To make accepting online payments easy, we’ve partnered with Stripe and other payment gateways to ensure that all these concerns are addressed and to offer you a wide range of supported gateways with Payment Page. We offer a simple solution that makes it possible for you to receive recurring payments without hassle or headache, and we’d be more than happy to guide you through every step involved in setting things up.

If you’d like to learn more about Payment Page to pave the way for your business’s long-term growth, don’t hesitate to connect with us.