As a business owner, you need a new payments system and you are considering Stripe? But what subscription services do they offer and how long is their contract. We can answer all your questions.

Here is the top guide which will answer all the questions you can think of. Including billing services, the payment terminal, fraud prevention services and so much more.

Products & Services

Stripe has stated that its purpose is to help companies accept payments and manage their business online.  Their software platform provides a flexible payments service. This allows companies engage in ecommerce sales activity. They provide a growing range of products and services which are detailed beneath.  

Stripe Payments

This payments processor was originally created to help developers accept payments in minutes without the need for paperwork and fees. It has continued to develop as a developer-centered product. Today it allows for billing customers on a recurring basis, setting up and management of online marketplaces and online and face to face payments.  

Stripe supports the following payment types across the countries it serves: 

  • ACH Credit Transfer
  • Apple Pay
  • Bancontact
  • Visa
  • Mastercard
  • Przelewy24
  • American Express
  • Discover
  • Diners Club
  • JCB
  • EPS
  • Giropay
  • iDEAL
  • Google Pay
  • Klarna
  • Multibanco
  • Alipay

Stripe also offer their ‘Connect’ service which allows on-demand business, ecommerce merchants, and crowd funders to send and receive money from third parties.  

Stripe Billing & Subscriptions 

This Stripe payment service provides a full billing service which helps businesses to successfully manage their recurring payments. It uses a payments processing system that is easy to integrate into existing ecommerce websites. All detailed financial reports can be fully managed from the dashboard which allows access to an unlimited number of team members – without the need for additional coding.  


The ‘Sigma’ service allows businesses to quickly analyse data such as payments, subscriptions, refunds, individual customers and pay-outs. This can contribute toward more efficient planning and helps with taking faster management actions.  

Stripe Atlas

This service helps non-US business incorporate and operate in the American market. It takes care of all the paperwork, legal complexity and expense while providing a high level of legal advice to startups. In effect, the Atlas platform allows merchants operate in the United States ‘remotely’, without the need for a physical presence. 

Stripe Radar

This fraud prevention service is designed to protect Stripe payments in more than 195 countries. The company offer improved reviews, insights and give merchants the option of connecting lists of trusted and blocked users. 

Stripe Checkout

This service gives businesses the ability to accept payment via desktop or smart device including from phone and tablet directly on their websites.  

Stripe Terminal

The ‘Terminal’ payment service helps businesses with pre-certified card readers. This allows them to physically accept payments from customers. This point-of-sale system integrates both online and offline payments in one place. This assists with reporting and reconciliation processes.

Fees & Pricing

Stripe fees are pretty transparent and free from any hidden charges. In addition, the company claim that due to this system, businesses always know what is owed. In turn, this helps them with planning. The details of the Stripe payment, pay-as-you-go model are beneath. 

  • European cards: 1.4% + 20p per transaction.
  • Non-European cards: 2.9% + 20p per transaction.
  • SEPA Direct Payments: 1% + 20p per transaction (£5 cap)
  • No setup fees or monthly charges.
  • High Volume Transactions: Potential to negotiate custom pricing available.

(Please note: All Information accurate at the time of publication)

Pros & Cons

The Stripe Payments Processing System contains elements which are beneficial to businesses. It offers a clean and well documented system which can manage recurring billing, account integration, currency conversion and even Bitcoin payment processing securely. We have outlined some further positives and negatives beneath. 


  • Excellent customer support available. 
  • Transparent pricing model.
  • No setup fees or monthly charges.
  • Customer payment details saved for the future.
  • Easy PCI compliance offered.


  • Processing fees for refunds and chargebacks.
  • Little notice given in case of account closure.
  • Flat fee structure for both credit and debit cards.
  • Some users have reported the presence of scammers. 
  • A score of ‘average’ on leading review website, TrustPilot.

Our Advice

The Stripe Payments service is an intuitive, cost-effective and flexible alternative, especially for businesses on a tight budget. Stripe provides a refreshing alternative to the established players. They offer a diverse and customized service, especially for high-volume payment processing clients.  

They are rolling out useful features much faster than competitors. These really do add value to a business. Stripe is a good bet for businesses looking for a new payment processor. More information is available on the Stripe website.