The Thousand Solutions Blog

The new feature on Stripe may increase the rate of conversions by 77 percent (plus Videos)

Jul 21, 2022

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Link to Stripe is now accessible and is built in to your existing Stripe Elements integration. There are no additional costs or charges.

If you're a creator inside the U.S., and you're working in USdollars, then you've got an account with Link.

This new feature is awesome due to a myriad of reasons. One of them is impressive:

Link customers purchase four times more frequently than those who do not use Link.

In this piece we'll look at some additional interesting statistics. We'll also discuss what is the Link feature of Stripe is able to do for you. Then, we'll show the way it operates and help you get goingwith Link to your website.

We'll get started!

observe >> improve your conversion rate and increase sales on your website by using a stripe link

Link is a function for payment that is available through Stripe Elements integration. Stripe Elements integration.

It offers your customers and members a fast simple, secure, and easy choice to make a with a single click over tens of thousands of websites.

It doesn't matter if it's on your website or another website that is Link enabled, whenever a first-time user checks out using Link, the system saves the data to use in future transactions that require a 1-click.

Link is a certified PCI level 1 Service Provider so your customer's information saved by Link is very secure.

Link allows users to allow secure, 100% online payments by using an easy payment procedure, only one time.

This is a brief description of how the procedure works...

1. 1. Client makes the payment and records information about the payment

Your customer is directed to an online shop which is supported via Link (yours or another). When they've finished the purchase, they will save their payment details and the shipping address.

Step 2. One-click transactions are completed

If you purchase in the near future, Link autofills that customer's stored payment information so that they are able to check out in just one click.

 Step 3: Once the customer is able to complete mobile verification by moving ahead

The customer is now at the point of being. Once they've used Link for the first time on a different website or gadget, they'll be issued an unique code. The code is used to verify the identity of the user, as well as protect their personal information.

Research shows that that abandoning carts is a big, costly issue.

In one instance, a research conducted by the Baymard Institute showed that almost 70 percent of customers abandon their shopping carts. The most important reason behind abandoning carts is the frictionin the buying experience of the consumer.

This same study showed the possibility of one-in-five customers quit their shopping carts due to a checkout process they said was "too lengthy and complex".

Furthermore, Baymard found that improving the checkout "flow and design" can save retailers around $260 billion in lost sales.

The best method of making these sales is to make an speedy and easy customers' experience.

Its six-second checkout process this is exactly what Link by Stripe is able to do.

Design and flow of checkouts which are more user-friendly and efficient

Link can make the buying shopping experience up to 9 times better. Studies show that Link users experience a superior shopping experience. Link customer experience is so much better that Link users buy 4 times more oftenthan those who are not Link users.

Since it was launched, the companies that use Link have seen an increase in conversion rate of over 7percent. This is a remarkable, code-freeway for small-scale online companies to create an entire payment page, and share it with their customers.

Ready to get it set up? It's easy!

How To Enable Linking to Stripe on Your Site

Find out how to offer a STRIPE URLS ON YOUR WEBSITE (TUTORIAL VIDEO)

If you're an author with access to the Stripe connection, it's easy and simple to setup Link. Just follow these steps.

Setting up

The first step is to go to your Stripe Dashboard and select Options Payment Methods. Select the .com platform from the dropdown menu.

Then, scroll down to find the Link payment option, and click the button to activate it. button.

After that, you can make sure that you enable Link to be activated in your settings by going to the > Settings > Payments tab..

Check your Stripe gateway's settings (see the image below) Make sure Stripe Elements are enabled.

Then scroll down, check the box next to Enable Link (recommended), and save your Settings.

All you have to do is to set it up! Next time a customer checks out, they have the option to pay via Link.

Wrap-Up

The customer's journey can be an area of frustration and is among the main reasons for revenue that is lost due to cart abandonment. Link by Stripe provides a simple method to reduce stress on your website and increase the sales for your site.

Simply activate Link within the settings of Your Stripe Dashboard. You must ensure that the option is activated in the Settings. These two steps can help you get on the road to a great increase in revenue.

Check out the Knowledge Base as well as the Link to Stripe FAQs to learn more details and start your journey.

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Take Action today!

Start earning money from your content.

Have you already added Stripe Link to your site Yet? We'd love to know how you're doing. Please let us know via the remarks.

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