What is Stripe?

Stripe is a technology company that builds economic infrastructure for the internet. Businesses of all sizes use the software and APIs provided by Stripe to accept payments, send payouts, and manage their businesses online.

Key Features

• Payment Processing: Stripe supports a wide range of payment methods including credit cards, debit cards, and various local payment methods.
• Subscription Billing: Simplifies managing recurring billing and subscription fees.
• Customizable Checkout: Offers a customizable payment flow to fit the needs of the business and brand.
• Fraud Prevention: Integrated fraud tools to help detect and prevent fraudulent transactions.
• Global Reach: Available in many countries, supporting multiple currencies.
• APIs and Integrations: Extensive API toolkit and pre-built integrations with leading e-commerce platforms.
• Analytics and Reporting: Real-time analytics and reporting to help businesses make data-driven decisions.

Additional Features

• Payouts: Facilitate easy disbursement of funds to vendors, service providers, or partners.
• Invoicing: Create and send invoices that customers can pay using different methods.
• Mobile Payments: Support for mobile wallets like Apple Pay and Google Pay.
• 3D Secure: Enhance payment security with 3D Secure 2 protocol.
• Dispute Handling: Tools to manage and resolve customer disputes and chargebacks.
• Developer Friendly: Comprehensive documentation and tutorials to support developers.

Use Cases

Stripe is widely used across various sectors, including:

• E-commerce: For handling online sales transactions.
• SaaS: Managing subscription billing and recurring payments.
• Marketplaces: Facilitating payments between buyers and sellers.
• Crowdfunding: Ensuring smooth transactional processes for fundraising platforms.
• Nonprofits: Enabling charitable donations through multiple payment methods.

Build a Subscription-Based App

Integrating Adalo with Stripe can significantly simplify the process of creating a subscription-based app. This allows app creators to focus on user experience while all the payment processing and subscription management functionalities are seamlessly handled.

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Easy User Sign-Up and Payment Workflow

Integrating Adalo with Stripe empowers you to build a seamless sign-up and payment workflow. Upon sign-up, users can select their desired subscription plan. With Stripe, the subscription plans are pre-configured, so users can easily choose a plan and enter their payment details. The information collected would be securely transmitted to Stripe for processing, ensuring compliance with Payment Card Industry Data Security Standard (PCI DSS) guidelines.

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Automated Billing and Invoicing

Once users subscribe to a plan, Stripe takes over the automated billing and invoicing. This process includes recurring billing, billing history, and real-time updates based on payment status. Adalo can be configured to fetch and display subscription details, payment history, and upcoming billing dates, providing users with a transparent view of their financial commitments.

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Handling Payment Failures and Retries

Stripe's robust API allows for handling payment failures seamlessly within the Adalo app. If a payment fails, Stripe automatically retries based on a pre-defined logic, which can include sending email notifications to the user for updating their card details. Meanwhile, the Adalo application can be set up to notify users about the failure and guide them through the process of updating their info to prevent service disruption.

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Cancelling or Modifying Subscriptions

Adalo and Stripe integration supports easy subscription modifications or cancellations. Users can log into their app, navigate to their account settings, and make changes to their subscription. The integration allows these updates to be directly reflected in Stripe, ensuring that the changes take effect promptly without requiring manual intervention from the support team.

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Robust Reporting and Analytics

Stripe offers a comprehensive set of reporting and analytics tools. By integrating with Adalo, you can pull these reports into the app, providing you and your users with valuable insights. This insight can include subscription trends, churn rates, MRR (Monthly Recurring Revenue), and ARR (Annual Recurring Revenue).

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Enhanced Security and Compliance

Stripe ensures that all transactions are secure, adhering to international security standards. By leveraging Stripe's capabilities within the Adalo platform, developers don't need to worry about managing the complexities of compliance and security. Stripe's infrastructure handles sensitive payment information securely, thereby reducing the scope of compliance concerns.

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Developer-Friendly Webhook Integration

Stripe offers webhooks that can be seamlessly integrated into the Adalo app to notify it of various events, such as successful payments, subscription renewals, or cancellations. This can trigger appropriate actions within the Adalo app, such as updating the subscription status or sending notifications to users, ensuring a synchronized user experience and real-time updates.

Customizable User Experience

Finally, the personalization of user experience is one of the most compelling reasons for integrating Adalo with Stripe. Combining Adalo's no-code/low-code design environment with Stripe's powerful payment processing tools allows developers to uniquely tailor their apps, providing a more personalized and engaging user experience.

By bringing together the strengths of Adalo and Stripe, app developers can create a comprehensive, secure, and user-friendly subscription-based application with minimal complexity.