Virtual Terminal by Square

Website

squareup.com

Categories

#Online Payments #Productivity #Fintech #Payments

Stripe Elements

Website

stripe.com

Categories

#Online Payments #Payments #Recurring Billing #Online Courses

Virtual Terminal by Square features and specs

• Ease of Use
  The Square Virtual Terminal allows users to process payments directly from a web browser without additional hardware, making it user-friendly and accessible for businesses of all sizes.
• No Monthly Fees
  Square doesn't charge any monthly fees for using their Virtual Terminal, making it a cost-effective solution for businesses concerned about budget.
• Quick Setup
  The setup process for Square's Virtual Terminal is straightforward and can be completed quickly, enabling businesses to start accepting payments with minimal delay.
• Comprehensive Dashboard
  The platform offers a robust backend dashboard that provides tools for reporting, sales tracking, and customer management, helping businesses stay organized and informed.
• Secure Transactions
  Square provides secure payment processing, ensuring that both businesses and their customers are protected during transactions.

Possible disadvantages of Virtual Terminal by Square

• Transaction Fees
  Square charges a per-transaction fee, which, though competitive, could accumulate to significant costs for businesses with a high volume of low-value transactions.
• Limited Offline Capability
  The Virtual Terminal requires internet access to process payments, which might be a drawback for businesses that need to operate in environments with unreliable connectivity.
• Basic Customization
  While effective, the Virtual Terminal offers limited options for customization, which might be a limitation for businesses looking for a more tailored payment solution.
• Potential Account Holds
  Some users report issues with account holds, where funds may be temporarily inaccessible, which could impact cash flow for certain businesses.
• Requires Manual Entry
  Payments must be manually entered into the Virtual Terminal, which could be time-consuming for businesses that handle a large number of transactions daily.

Stripe Elements features and specs

• Customizability
  Stripe Elements provides a highly customizable UI that allows developers to match the payment forms to the look and feel of their website, offering flexibility in design and user experience.
• Security
  Sensitive card data is securely handled by Stripe, ensuring PCI compliance and reducing the security burden on developers while also minimizing risk.
• Ease of Integration
  The library is easy to integrate with existing systems thanks to comprehensive documentation and easy-to-use APIs, reducing development time.
• Cross-browser and Device Support
  Stripe Elements support a wide range of browsers and devices, ensuring a consistent user experience across platforms.
• Pre-built UI Components
  It provides pre-built components that are tested and optimized, which can speed up development and maintain a high standard of user interaction.

Possible disadvantages of Stripe Elements

• Learning Curve
  Despite its ease of use, developers may face an initial learning curve to fully leverage the potential of Stripe Elements and its customizability options.
• Dependency on JavaScript
  Stripe Elements relies on JavaScript, which could be a limitation if the web project prefers or requires minimal JavaScript usage.
• Limited Out-of-the-box Features
  While it offers pre-built components, some businesses may find that these elements need additional development work for more complex or unique use cases.
• Ongoing Costs
  Using Stripe Elements involves transaction fees, which could sum up significantly for businesses with high transaction volumes.

No Virtual Terminal by Square videos yet. You could help us improve this page by suggesting one.

Add video

React Stripe Elements Package (NEW 2020) + Charging Stripe in Node: Full stack tutorial

More videos: