π‘οΈ What is Stripe?
What is Stripe?
Stripe is a global online payment processor that is trusted by millions of businesses across the globe. Stripe enables your organization to accept credit card payments online directly into your bank account from your Hobnob event. Below are answers to common questions about Stripe, if you have any other questions we encourage you to contact us at help@hobnob.io or you can email Stripe directly at: info@stripe.com.
Why do I need to create a Stripe account?
In order for Hobnob to process payments for your tickets, we require a connection to Stripe's platform. When you create a Stripe account, you will be securely connect to your or your organization's bank account. As you collect funds through Hobnob, Stripe will transfer these funds directly into your bank account.
Is Stripe safe?
Yes. Stripe exceeds the most stringent security standards.
SSL
All transactions are SSL (Secure Socket Layer) protected. Your information and your donors information are securely transmitted during the processing of all payments.
PCI Compliant
Stripe is a PCI Service Provider Level 1 which is the highest grade of payment processing security. You can rest assured that your donors information is safe and secure.
Encrypted
All credit card numbers are encrypted and safely stored in Stripe's state of the art data-center. This ensures both the security and integrity of your guestsβ and membersβ information.
What does all it mean?
It means Stripe is very secure. They exceed industry security standards and are trusted by millions of businesses of all sizes across the globe including many Fortune 500 companies.
How do I receive my payments?
- Payment is sent
One of your event guests or Space members pays for a ticket by providing their credit card information and authorizing a payment.
- Payment is processed
Your guestsβ information is securely processed by Stripe and their credit card is charged for the ticket amounts. Once this happens you instantly see an update in your Hobnob Ledger.
- Funds are transferred
Once the payment is processed the funds from your guests are automatically sent to your bank account. You do not need to manually transfer the funds.
Who uses Stripe?
Stripe is trusted by millions of businesses worldwide.
Registration is quick and easy
Registration for Stripe is quick and easy and only takes a few minutes. Similar to all other payment processors, Stripe will require some basic information about your organization as well as your banking details. Learn more about how to Set Up Stripe.
