The latest feature available in Stripe could increase conversions by 77 % (plus videos)

Table of Contents

• What do you mean by Link to Stripe?
• What is Link? Link function?
•       How can Stripe Link benefit Your Business?
• Improved check-out flow and design
•       What is the best way to enable Link to Stripe on your Site
• Getting set up
•       Wrap-Up
• Start Today!

Link by Stripe is now available and it's seamlessly integrated into your existing Stripe Elements integration. No additional charges or fees.

If you're a creator inside the U.S., and you're using USdollars, you've received the right to gain access Link.

This feature is fantastic due to several factors. One of them is amazing:

Link users are able to purchase four times more often than those who do not linked.

In this blog, we'll go over some additional interesting statistics. In addition, we'll discuss what the advantages of using Link By Stripe will be. We'll go over how it functions in addition to assist you in getting startedwith Link for your website.

Let's go!

What exactly is Link by Stripe?

Link is an option of payment available via Stripe Integration with Elements. Stripe Elements connection.

Your members and clients a quick safe, simple and secure option to pay one-click transactions on tens of thousands of websites.

If it's your website or a linked website, the first time the customer makes a payment via Link it will save and protect the user's information in order to allow future 1-click payment.

Link is a certified PCI service provider level one, so your customers' saved data is extremely safe.

How does Link Work? Link Function?

Link provides users with the capability to pay with a single click and completely secure online payments through a simple check-out process in just one click.

Here is a short overview of how the technique works...

1. 1. Client pays out and saves the payment information

The client will be redirected to a site that is Link-supported (yours or any other). When they've finished their purchase through the website the client will be able to save their payment information and delivery address.

Step 2: One-click transactions are allowed

If there are additional purchases Link automates the filling of the details of their payment so they can checkout in just one click.

HTML1 Step 3. The user will complete the mobile verification process in the future

The client is now ready. When they use Link to the first time, on a new device or website you'll receive one-time code. The code is used to verify their identity , and will help to protect their data.

How can Stripe Link benefit Your Enterprise?

The research proves cart abandonment is a major, costly issue.

A study conducted by the Baymard Institute showed that around 70 percent of customers abandon their carts. The main reason why people abandon their carts is the tensionin the buying process.

Also, it was discovered that almost 55% of shoppers abandoned their carts because of a checkout method they believed was "too complicated and lengthy".

In addition, Baymard found that improving the check-out "flow and layout" can save businesses $260 billion in lost sales.

The only way to get these sales is to provide an fast and friction-free buying experience for buyers.

Its 6-second checkout procedure precisely what Link by Stripe does.

Improved checkout flow and layout

Link enhances the shopping experience by making their purchase 9 times more effective. Studies have shown that Link customers have an improved buying experience. Link user experience is much better over other shoppers. Link users make a purchase at a rate of four times higherthan other shoppers.

As of now, companies using Link have witnessed an increase in conversions of approximately 7 percent. This is an amazing, code-freeway for small-scale companies online to design an entire payment page, and share the link with their customers.

Are you looking to get up your account? It's easy!

How to enable linking to Stripe on your Site

If you're an author, and you're able to use an Stripe connection, it's quick and easy to set up Link. Follow these directions.

Setting up

In the beginning, go to the Stripe Dashboard Settings -then Payment Methods. Click on the .com platform from the dropdown menu.

Then scroll down to find that Link Payment method, and click the Turn on button.

After that, you can enable Link to be turned on within the settings of your account by selecting the > settings > payment tab.

Check the settings of your Stripe gateway (see the image below) Check to ensure that Stripe Elements are enabled.

After that, scroll until the end of the page. Then, you can click the checkbox next to "Allow Link" (recommended), and save your setting.

All you have to do is create the link! When a client checks out, they'll have the option for payment through Link.

Wrap It Up

The journey of the buyer is among the biggest sources of lost revenue due to cart abandonment. Link by Stripe provides the possibility to reduce that friction and increase the amount of transactions on your website.

You can enable Link in the settings of your Stripe Dashboard. You must ensure that the feature is activated in your account settings. Two steps like the one above could help you get on the path to significant revenue growth.

Have a look through our Knowledge Base along with the Link to Stripe FAQs to find out additional details and begin.

Get Started Right Now!

Get paid to pay for content that you create.

Are you already adding Stripe Link to your site Yet? We'd like to know your thoughts on the feature. We'd love to hear your feedback by leaving a comment.

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