The new feature on Stripe could increase conversions by 77% (+ Videos)

Table of Contents

• What exactly is Link through Stripe?
• What is Link? Link Work?
•       What are the benefits from using Stripe Link? Your Business?
• More efficient checkout process , and more stylish
•       How to Allow Linking via Stripe to Your Site
• Set up
•       Wrap-Up
• Get Now!

Link powered by Stripe is accessible, and is integrated into the current Stripe Elements Integration. There's no additional charges or costs.

If you're an artist in the U.S., and you're employed in USmoney then you have the option of accessing Link.

The new feature is amazing thanks to many motives. One of them is captivating:

Link users buy 4 times more often than those who are not Link users..

In this article, we'll cover even more exciting stats. In addition, we'll discuss what Link by Stripe is. We'll also explain the process of using it, and we'll help you get startedwith Link on your site.

Let's get going!

What is Link by Stripe?

Link is a payment option available through Stripe Elements integration. Stripe Elements Connection.

This gives your customers as well as members an immediate easy, secure and safe payment option. with one click across tens of thousands of sites.

It doesn't matter whether it's your website or a different linked site. The first time a user is capable of paying via Link it saves and secures user's data so that it can allow the next 1-click payment.

Link is a certified PCI service company level 1, so the information of your customers are very secure.

How does Link Work? Link work?

Link allows users to allow completely secure 1-click payment on the web through a simple checkout process that only takes place once.

Here is a short overview of the way this simple technique is implemented...

1. Step 1: The customer has the option of checking out, and then saves the information about their transaction

Your customer is directed to an online retailer that is supported by Link (yours or another). After they have completed their purchase and pay, they are able to save their payment details and delivery address.

Step 2. One-click payment is made

For any future purchases, Link autofills that customer's information about their purchase to enable them to pay with only one click.

3. Step 3: Client completes mobile verification and moves to the next step.

The customer has been prepared. Once they've used Link to the very first time on a different website or gadget and received an individual number. The code is able to verify the identity of the user, as well as secure their personal data.

How can Stripe Link benefit Your Business?

Research proves that abandoning carts is an expensive issue.

One instance of this is that a study conducted by the Baymard Institute showed that almost 70 percent of buyers quit their carts. One of the main reasons for abandonment of carts lies in the frictionin the buyer's journey.

Also, it was discovered that more than 1/5 of consumers abandoned their shopping carts in reaction to the checkout process they said was "too long and difficult".

In addition, Baymard found that improving the checkout "flow and layout" can to save about $260 billion in sales lost.

The only way to recover the loss in sales is to create a swift and easy customers' journey.

Its six second checkout process this precisely how Link by Stripe performs.

The design and flow of checkouts that are more user-friendly and efficient

Link helps make the shopping experience up to 9 times faster. Research has shown that Link users have a better purchasing experience. Link users experience is much better that Link users who buy 4 times more oftenthan non-Link users.

Businesses that have used Link have witnessed an growth in conversion rates by about 7 percent. This is an amazing, code-freeway for small-scale online companies to create the entire payment portal and to share it to clients.

Are you prepared to set it up? It's easy!

How do you enable Link to Stripe on Your Site

If you're a designer and you have access to the Stripe Integration, it's simple and straightforward to create a Link. Follow these steps.

Set up

Then, visit then the Stripe Dashboard Options and select Pay Methods. Select your .com platform from the dropdown menu.

Scroll down until you find your Link payment method, then click the button that will turn on the button.

You can enable the Link to be enabled through your Settings by going into Settings > Payments tab. settings > payment tab.

Locate the Stripe gateway's settings (see photo below) Make sure Stripe Elements has been checked.

Once you've scrolled until the end of the page. Click the button below "Allow Link" (recommended), and Save your setting.

All you need to do is set! The next time that a customer pays out, they have the option to pay via Link.

Wrap It Up

In the journey of a customer, friction is one of the main causes of revenue lost in cart abandonment. Link by Stripe is an easy way to lessen the friction on your site and increase revenue for your website.

Make sure to enable Link within the Stripe Dashboard. Then make sure it's enabled in the Settings. These two little steps can put you on the road to a wealth of extra revenue.

Visit our Knowledge Base and also the link to the Stripe's FAQs to learn more and start your journey.

Start Right Now!

Start getting paid for your content.

Have you put in a Stripe Link to your site Yet? We'd love to know what you think about this. Let us know by leaving a comment.

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