Stripe Payment & Variable Amounts

What is Stripe?

Stripe is a payment gateway solution for the online payment processing of credit & debit cards for online shoppers. It also integrates easily with shopping carts such as Woocommerce or even as a stand-alone configuration.

Do I Need a Stripe Account?

In order to setup Stripe as a payment solution you will have to sign up for a Stripe Business account.

How Much are the Stripe Fees?

Stripe fees vary between 1.4% and 2.9% depending on where your customer is geographically based., those percentages also have a small fixed transaction amount attached. Checkout the pricing from Stripe’s Pricing and Fees page.

What Is a Stripe Variable Amount?

A Stripe Variable Amount is allowing a customer to enter a custom amount on the payment page. Here’s a scenario of when you might need this service…

You have just talked to a customer over the phone and offered a new price on a product or customised package and now you have to find a quick way to take payment online for the amount.

If you are unable to take payment over the phone then the next option would be to encourage the customer to pay online. Ideally, you would like to be able to send a link or send a customer to a page where they can enter the agreed amount.

In reality, lots of companies would have to spend time creating an invoice or even create a product on their site to make the payment button available. This is time consuming both for the customer and for the business providing the service, you may even lose the sale in the worst scenario.

Purchase Confirmation

After the transaction is complete the customer receives an email confirmation with the amount specified in the sale.

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Other Related Payment Systems

Need a payment solution for Tours & Experiences? Check out Bokun