How to Accept Payments with Stripe for EU Customers

TL;DR

To accept payments with Stripe while complying with EU regulations, use Stripe Checkout for a simple implementation with built-in 3D Secure authentication or Stripe Elements with the Payment Intents API for more control and customization. Both methods allow you to manage the payment process effectively while accommodating strong customer authentication requirements.

Transcript

20-19 has been an important year for the way developers handle online payments in September banks in the EU started rolling out strong customer authentication this means that if you have customers in the EU they may need to log into their bank's website to authorize a payment before it can be processed in today's video we'll look at two different s... Read More

Key Insights

• 💨 Strong customer authentication has impacted the way developers handle online payments, requiring additional steps for European customers to authorize payments.
• 💨 Stripe Checkout offers a simple way to accept payments, but has limited options for customization and dynamic pricing.
• 👻 Stripe Elements with Payment Intents API provides more control over the payment flow, allowing for customization and integration with web hooks for fulfillment.
• 👻 Web hooks are essential for programmatically fulfilling purchases made through Stripe, allowing developers to update databases, send emails, and perform other actions.
• 🈸 Using Stripe J S, developers can integrate Stripe into their front-end applications, ensuring the latest version and enabling features like fraud detection.
• ❤️‍🩹 Firebase Cloud Functions and Express Js can be used as back-end solutions to handle web hooks and server-side logic for Stripe integration.
• 🔠 Stripe provides a comprehensive API and SDKs for developers to interact with their payment system, offering a scalable and secure solution.

Questions & Answers

Q: What is the difference between Stripe Checkout and Stripe Elements with Payment Intents API?

Stripe Checkout is a client-only integration that provides a simple way to accept payments using Stripe's UI, while Stripe Elements with Payment Intents API allows for more customization and control over the payment flow.

Q: How does 3D secure authentication work with Stripe Checkout?

Stripe Checkout handles the 3D secure authentication process automatically for European customers. If the authentication is not completed, the payment will not go through.

Q: How can I fulfill a purchase made through Stripe Checkout programmatically?

You can use web hooks to receive data about the payment intent from Stripe, allowing you to implement logic to update your database, send emails, or perform other actions to fulfill the purchase.

Q: What is the recommended approach for handling dynamic pricing or user-specific discounts?

If you have dynamic pricing or user-specific discounts, it is recommended to generate checkout sessions on a server using your own internal logic, rather than relying on static product details in the Stripe dashboard.

Summary & Key Takeaways

• September 2019 marked the implementation of strong customer authentication by EU banks, requiring customers to authorize payments by logging into their bank's website.

• Stripe Checkout offers a simple way to accept payments by using Stripe's UI, validating credit cards, and handling 3D secure authentication for European customers.

• Stripe Elements with Payment Intents API provides more control and customization over the payment flow, allowing dynamic pricing and integration with web hooks for fulfillment.