What is Stripe?

Stripe is a leading online payment processing platform that enables businesses and individuals to send and receive payments securely over the internet. Founded in 2010, Stripe has become synonymous with streamlined and efficient online transactions. Its robust infrastructure and user-friendly interface make it a preferred choice.

How Does Stripe Work?

Stripe acts as a payment gateway, facilitating the transfer of funds between Contributors and Campaign creators in money raising. Here's a simplified overview of how Stripe works:

Payment Collection: Campaign creators can set up their projects on CharitApp and link their Stripe account to receive contributions from Contributors.

Payment Methods : Contributors can easily pledge their support to campaigns using various payment methods, such as credit/debit cards.

Secure Transaction Processing: Stripe securely processes these payments, handling all necessary encryption and security measures.

Funds Disbursement: Once contributions are received, Stripe can automatically disburse funds to Campaign creators, simplifying the financial aspect of Campaigns funding.

Detailed Reporting: Stripe provides detailed transaction history, allowing Campaign creators to track their earnings and Contributors to verify their contributions.

Why we chose Stripe ?
 

Ease of Use: Stripe's user-friendly interface simplifies the payment process for everyone.

Security: Stripe employs industry-standard security measures, ensuring that financial data remains confidential and transactions are secure.

Global Reach: Stripe supports payments from around the world, allowing Campaign creators to attract Contributors from different countries.

Automated Payouts: Campaign creators can receive funds more efficiently through Stripe's automated payout system.

Comprehensive Reporting: Both Campaign creators and Donators can access detailed transaction records for transparency and accountability.