Accepting credit cards has traditionally been a complex process involving a confusing maze of payment processors, 3rd-party merchant accounts, complicated fee structures, lots of paperwork and a lengthy approval period. So we’re pleased to announce today the addition of Stripe to the list of available payment options on Goodsie. With Stripe, accepting credit cards has never been easier. Stripe takes care of the merchant account and charges a flat 2.9% + 30 cents per transaction, with discounts available for high volume sellers.
Increase Conversion and Reduce Cart Abandonment Rate By Offering Multiple Payment Options
Consumer research clearly demonstrates the importance of providing shoppers with a variety of payment options. In a survey of online shoppers, ComScore found that 56% of consumers want a variety of payment alternatives, citing payment options among the three most important factors when deciding to make a purchase online.
In another survey, 40% of shoppers said they would feel more comfortable purchasing from a retailer who offers a wide range of payment methods than a retailer who only offers one payment options. And according to reports by Forrester Research and others, between 25% – 50% of shoppers said they would abandon a cart if their preferred method of payment was not available.
To get started with Stripe, visit the Settings section in the Goodsie admin. If you don’t already have an account with Stripe, we make it easy to sign up for one through Goodsie and get started immediately with needing to configure anything.