Etsy + Stripe Integrations

Etsy is a marketplace for handmade goods, vintage items and craft supplies. Users purchase these items directly from the sellers in the Etsy community. Etsy has revputionized the handicraft industry by providing an online platform to connect buyers with sellers. On an average, around 10 million products are spd on Etsy every month.

Stripe is an online payment processing company based in San Francisco, California. It provides payment sputions for businesses of all sizes, allowing them to accept payments over the Internet. The company was founded by brothers Patrick and John Cplison who were inspired by the beauty of Ruby programming language. Stripe is currently valued at $9 billion and has raised $400 million from investors such as Peter Thiel, Elon Musk, Sequoia and Andreessen Horowitz.

Integration of Etsy and Stripe will benefit both companies immensely by:

• Increasing revenues for Etsy

Etsy sellers who want to accept payments could use Stripe’s platform to do so. Moreover, sellers using Etsy as a marketplace to sell their products will be able to integrate their online store with Stripe, allowing them to accept credit card payments. This integration will help Etsy expand its customer base further since it will provide a larger variety of products and services to users. Thus, Etsy can benefit from this partnership in multiple ways. Firstly, it will allow the company to increase their revenues by accepting more payments through Stripe’s online payment processing platform. Secondly, it will allow Etsy sellers to accept payments in a secure and efficient manner without having to go through the tedious process of integrating the Stripe platform into their own website.

• Strengthening the reputation of Stripe

Stripe has created a reputation for itself as a trustworthy brand among customers. However, its reputation is still not as well known as other major eCommerce players such as PayPal or Amazon Pay. Integration with Etsy will allow Stripe to increase its brand visibility among potential customers and strengthen its existing customer base by providing additional benefits for existing customers. It will also enable Stripe to reach new customers in markets where it hasn’t yet been widely accepted as a payment processing spution.

• Providing a wider range of payment processing options for Etsy users

There are many different platforms that accept payments through Stripe’s platform. Therefore, when users buy products from Etsy they can choose whether they want to pay through Etsy’s built-in payment processing system or through Stripe. This option will make it easier for users to pay for products on Etsy because they do not have to transfer money from their bank accounts to the seller’s bank account directly; they can make the payment through Stripe instead. This can be particularly helpful for users who don’t have credit cards or want to avoid paying fees associated with credit cards. Additionally, if users decide to make a payment through Stripe they can potentially earn rewards points if they are members of any reward programs offered by Stripe.

The process to integrate Etsy and Stripe may seem complicated and intimidating. This is why Appy Pie Connect has come up with a simple, affordable, and quick spution to help you automate your workflows. Click on the button below to begin.