Stripe Payments
US-based payment processor. Card-payment acceptance for online businesses with US LLC + EIN.
Definition
Stripe is the dominant US-based card-payment processor for online businesses. Accepts US LLCs with EIN and US bank routing for payouts. Supports subscription billing, marketplace splits via Stripe Connect, invoicing, and many other payment workflows.
Context
Stripe is required for most US-customer card acceptance. Shopify Payments is built on Stripe. Standard payment-processing fee: 2.9% + $0.30 per transaction.
Example
A SaaS founder's Delaware LLC sets up Stripe with the LLC's EIN and Mercury bank routing. Subscription billing routes US-customer payments to Mercury via Stripe.
Common pitfalls
- Restricted business categories listed in Stripe's Acceptable Use Policy.
- Default 7-day rolling payouts for new accounts; reduces to 2-day after established history.