Payment Setting

Payment Setting

Payment functionality is typically used to manage and track payments made by customers for goods or services purchased from your business. This can include accepting payments through various payment methods such as credit cards, debit cards, bank transfers, and PayPal. 

CrmOne offers Stripe for payment service where you can make purchasing transactions safely.  You can click Connect Payment Service to connect your Stripe.

Before connecting you need to make sure you have a Stripe account to get the Secret Key and the Publishable Key. If you have successfully added the Keys to the fields you can now click Connect Account.

Now you can start using Stripe for your payments and purchases. 

How Does It Work? 

Stripe has simplified the process of their service for business owners so it's easy to understand and navigate.

Stripe Payment Process: 

• When you create an account for your business, Stripe software will connect to the purchasing page of your shop platform. 
• Once a customer is ready to purchase an item or service and ‘checkout’, they will input their financial information in the purchase page. 
• The information will then be sent from the website, through the Stripe software that will verify that the funds are available (payment gateway) and process the payment before sending it to the merchant account. 
• Merchant receives funds, and a confirmation of sale is sent to both the buyer and the seller.

Stripe Protects from Fraud 

If an error occurs in the payment process (i.e. inadequate funds in the buyer's account) Stripe will reject the transaction and the customer is notified to use a different payment method. 

Stripe also monitors for fraudulent transactions and will automatically block any transactions that look suspicious. 

Implementing a combination of spending limits and merchant controls on cardholders will help eliminate exposing your business to fraudulent activity.