What is Stripe and how does it work?

Edited
  • Stripe is the charging system for PodPlay. As a PodPlay client, you set up a Stripe account when your PodPlay Customer Success Manager (CSM) sends you a sign-up link. This is a required step after your Staging Environment is complete and before your Production Environment is live to the public.

  • Stripe processes every Customer transaction and PodPlay will bundle these transactions where possible.

  • All Customer funds captured by Stripe will be moved into the Club’s Stripe account through the same process:

    • Stripe places a hold on the Customer's card to ensure they have the necessary funds

      • At times, there is no hold, like in the case of a Membership

    • Stripe captures the Customer's funds

    • Stripe moves the funds minus the Stripe fee to Club’s Stripe account

    • Stripe initiates payout to Club’s bank account

      • There is a rolling 2-day delay in case of Customer refunds

    • Club’s bank account receives Customer funds

      • This is daily, with the rolling 2-day window