Starting a business is exciting and a time to contemplate the big question – How to get paid quickly?
The payment gateway is a great solution for you to accept online payments, although it’s not the only fish in the pond. Stripe Payment Gateway is an extension for easy digital downloads, which allows business owners to receive payments through credit card payments on the site. UAE has introduced stipe recently and now available to activate online payments.
Technically, Stripe is a software as a service (SaaS) company offering financial services. In general terms, Stripe is an online payment platform, powering eCommerce websites all over the world.
Getting paid quickly to your invoices is the key to success in any business today as cash flow management is critical. This is the starting point of cash flow management where need to concentrate more when compared to other cash flow management activities. How much profit you can generate in your business is not important when it comes to sustainability, but how quickly you get paid is the key to today’s business environment to continue. Stripe can help you to improve the first step of cash flow management.
Stripe is also connected with Xero and other online bookkeeping software’s which businesses gain more power and effectiveness through connecting applications.
Why is Stripe Payment Gateway so Popular? Should You Use This Payment Gateway For Your Business?
Stripe is extremely popular because it quenches the problem of receiving payments online from a unique conception than other companies thought process. The programmers and developers felt more comfortable being in the environment created by removing complicated processes like other applications. The simple pricing policy and the interactive communications among the stripe developer team and the web developers, programmers in using Stripe are amazing. Even the technically advanced companies used to feel the pressure of previous payment platforms, but Stripe Payment gateway just changed everything.
Benefits of Using the Stripe Payment Gateway in the UAE
Let me give you some of the foundational benefits for Stripe to become attractive and popular to many organizations in the UAE.
Perhaps you would have a broader audience interested in your product or service, but without providing instant and trustworthy payment options, you might scare them off. Whatever was keeping you from providing proper payment options to customers is no longer an excuse.
Stripe payment is easily accessible to anyone and simple to set up. Accessible for those charging and those doing the payment. There’s no more begging bank managers to approve a payment method for your business or waiting for the credit card operator’s validation.
The main reason why Stripe stands out as the best payment gateway in the market is that it allows pretty much full customization and adaptation of its payment API. You can set up a basic payment page layout in minutes from their dashboard or simply add a Stripe field into a MightyForms payment form, for instance. And because Stripe is very developer-centric, they make it very easy to customize every element of their product to suit your needs or accommodate a unique feature in your business model.
Stripe’s potential users are impatient to deal with a long process of negotiations and payment processors that takes forever to be approved. The pricing policy of stripe is very attractive to the companies. Another important factor is only you get charged when you get the payment through the stipe so there are no fixed monthly payments.
We all know that scams can happen at both ends of a financial transaction. Online form security is very important, and when your payment option is powered by Stripe, you can eliminate customers’ fears. Every transaction is end-to-end encrypted by Stripe, besides rigorous constant audit. For your business, Stripe can anticipate and address any risk and compliance issue, through a 3D secure check, thus reducing fraudulent attempts and disputed payments. All funds from payouts are safely deposited by Stripe into your bank account.
The UAE is a thriving hub for technology, supported by strong investor appetite, internet-savvy consumers, and an open, innovative ecosystem of business leaders and entrepreneurs, and Millions of companies of all sizes—from startups to Fortune 500s—use Stripe.
Similarly, the pool of tech talent in the Middle East is growing very rapidly. However, companies still face challenges when trying to accept payments, make payouts, and manage the financial side of internet businesses. Stripe removes these complexities so businesses can focus on what makes them special. We Crevaty, can assist in case you need any help. Contact us today for more information.