Does Stripe accept ACH payments?
I'm wondering if Stripe, the payment processing company, accepts ACH payments. I need this information to determine if Stripe can handle the type of payments I need for my business.
Does Stripe require KYC?
I am considering using Stripe for payment processing, but I am not sure if they require Know Your Customer (KYC) verification. I need to understand if this is a mandatory step before I can start using their services.
What exchange rate does stripe use?
Stripe uses market intermediate exchange rates and applies a marginal rate to guarantee settlement during the period, which is up to 24 hours. If the exchange rate changes by more than 2% during this time, Stripe may use the updated rate to calculate the payment.
Is Stripe a PSP?
I'm trying to figure out if Stripe can be considered a PSP. I've heard of Payment Service Providers before, but I'm not sure if Stripe falls into that category. Can someone clarify this for me?
What is the merchant fee for Stripe?
Could you please clarify for me what the merchant fee is for Stripe? I'm interested in understanding the costs associated with using their payment processing services, and I'd like to get a clear idea of how much I can expect to pay for each transaction. Is the fee a flat rate, or does it vary based on the transaction amount or other factors? And are there any additional fees or charges that I should be aware of when using Stripe? Thank you for your help in clarifying this for me.