Dunning is the automated process of attempting to collect payments from customers after a transaction fails (e.g., due to an expired card or insufficient funds). This involves retrying the card payment on a schedule and sending email notifications to the customer to update their payment method. FAQs: What is Smart Retries?A Stripe feature that uses [...]

SaaS (Software as a Service) is a business model where software is licensed on a subscription basis and centrally hosted (cloud-based). Payments for SaaS are typically handled via recurring billing (subscriptions) rather than one-time purchases. FAQs: How does SaaS billing work?It is usually automated monthly or annual billing using a saved credit card (e.g., Stripe [...]

A Security Deposit is a sum of money held to cover potential damages or non-payment. In digital payments, this is often managed via a Pre-Authorization (Pre-Auth), where funds are held on a card rather than taking cash or a physical check. FAQs: Is a security deposit refunded?If taken as a Pre-Auth, the hold is simply [...]

A Pending Transaction represents a payment that has been authorized but not yet fully settled or posted to the account history. It appears on the customer's bank statement as a temporary entry that will either finalize (clear) or disappear (drop off). FAQs: Can a pending transaction be cancelled?Yes, the merchant can void the authorization, removing [...]

A Card Hold is a temporary reservation of funds on a customer’s account initiated by a merchant. It reduces the customer's "available balance" but doesn't actually debit the account until the transaction is settled. This is common in gas stations, hotels, and rental agencies. FAQs: How do I release a card hold?You can release it [...]

The SAQ (Self-Assessment Questionnaire) is a validation tool for merchants to demonstrate compliance with PCI-DSS standards. It is a checklist of security questions. The specific SAQ type (A, B, C, etc.) depends on how you process payments (e.g., e-commerce, face-to-face, or third-party app). FAQs: Do I have to fill out an SAQ?Most merchants are required [...]

Capture is the action of finalizing a credit card authorization to actually withdraw the funds from the customer's account. When a card is "swiped" or authorized, the money is just held. "Capturing" moves the money into your merchant balance. FAQs: Can I capture an amount different from the authorization?Yes, usually you can capture a lower [...]

Data Security in payments refers to the protective measures used to prevent unauthorized access to sensitive financial information, such as credit card numbers and bank details. This includes encryption (scrambling data), tokenization (replacing data with a code), and strict access controls. FAQs: Is my data safe with Charge for Stripe?Yes, the app relies on Stripe's [...]

Stripe Checkout is Stripe’s pre-built, hosted payment page designed to convert visitors into customers. It dynamically adapts to the customer's device and location, offering relevant payment methods (like Apple Pay, Google Pay, or Klarna) alongside standard credit card entry, without the merchant needing to code these integrations manually. FAQs: Does Stripe Checkout support taxes?Yes, it [...]

Remote Billing involves processing payments for customers who are not physically present at your location. This encompasses sending digital invoices, using payment links, or taking card details over the phone (Virtual Terminal) to settle a bill. FAQs: Is remote billing riskier than in-person payments?Yes, because you cannot inspect the physical card or check ID, making [...]