With your StoreBuilder store up and running, you will be thinking about how you collect payments from your customers — and this article will guide you.
Configuring Your Payment Gateway for StoreBuilder
Now that you have your StoreBuilder store up and running, you will be thinking about how you collect payments from your customer.
What is Payment Gateway?
On the Internet, a payment gateway is cloud-based software that connects a customer to the merchant to facilitate payments. The payment gateway is the mechanism that reads and transfers payment information from a customer to the merchant's bank account. The payment gateway captures the payment method's data, ensures funds are available, and enables a merchant to get paid.
Are Stripe & PayPal the Best Payment Gateways?
Yes, according to TechRadar, Stripe and PayPal are the top two payment gateways:
Best Payment Gateways Of 2022 | TechRadar
StoreBuilder & Collecting Payments
Your new store comes ready to use with a powerful payment processor (sometimes referred to as a ‘gateway’) called Stripe. Since credit cards are super-ultra-sensitive information, eCommerce regulations require that information to be on absolute lockdown. That is where Stripe comes in.
Your customers’ ﬁnancial data will never live on your StoreBuilder site. It will live in Stripe and communicate via a secure protocol between the two services.
Setting Up Stripe or PayPal on Your StoreBuilder Site
Setting up Stripe or PayPal is now much easier on your StoreBuilder site.
From the Setup Admin tab, you can select to either Connect Stripe or PayPal. Selecting each payment gateway will then walk you through creating an account or linking an existing one. The correct payment gateway plugins for Stripe and PayPal will also be automatically installed when you go through to connect your site.
Get Started with Stripe: Connect Stripe
Get Started with Stripe: Email
Get Started with PayPal: PayPal Plans
Get Started with PayPal: Email
Follow the steps in the configure payments section, which will walk through the complete process.
About Using Stripe as Your Payment Gateway
This WooCommerce help article will explain what customers will see when you go to purchase products on the checkout page of your StoreBuilder site.
The video tutorials inside your WordPress dashboard include a short guide on tailoring your Stripe Account.
For 24-hour assistance any day of the year, contact our support team by email or through your Client Portal.
Note: This article was originally published in September 2021. It has since been updated for accuracy and comprehensiveness.