Stripe is a well-established online payment provider from the US, based in California, and already serves high-class customers such as amazon, Check24, booking.com or airbnb. With a single integration with Stripe, you can reach more customers, accept over 135 currencies, and support dozens of local payment methods.
Some important additional info you should be aware of before switching:
Security deposit:
Unlike MangoPay, Stripe has no security deposit.
Instead, the payins of your end customers are available for withdrawal after 4 till 7 days.
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Since the move of MangoPay and Stripe is accompanied by changes on the payment page of the bookingkit checkout, a smooth tracking as before cannot be guaranteed.
Payment method "Invoice Payment"
This payment method is no longer available with the change to Stripe. (General explanations about the payment method "Invoice Payment" can be found here).
Step by step: Moving from MangoPay to Stripe
After activation by your personal Success Manager or the bookingkit support team, you will get access to the new "Settings" -> "Payment providers" section in your bookingkit webapp. Besides Stripe, your previous online payment provider MangoPay will also be listed there.
Click on "Activate Stripe" to continue.
In the following window, you can choose between:
a) Switch me as soon as possible (Recommended)
b) Pick a specific date for the switch
After you have chosen your preferred option, you only need to agree to Stripe's terms and conditions. Click "Next" to proceed to the next step.
Creating your account with Stripe may take a moment. Therefore, please do not interrupt this process.
The page will refresh and look like this. You can proceed directly to the verification process.
Once Stripe has completed the verification process, the move from MangoPay to Stripe will be initiated automatically at the time you requested.
If the switch was successful, Stripe will be displayed as the active payment provider instead of MangoPay.