Modern creative news

New Stripe Feature Can Increase the number of conversions to 7% (and videos)

Jul 21, 2022

Table of Contents

Link powered by Stripe is available, and it's integrated to your current Stripe Elements integration - no extra charges or costs.

If you're a creative within the U.S., and you're working with USmoney, you've got access to Link.

The new feature is amazing because of a variety of factors. Here's one of the most impressive:

Link users make purchases four times more frequently than non-Link users.

In this article, we'll cover even more exciting stats. In addition, we'll discuss the benefits of is Link By Stripe will be. We'll show you how it works as well as assist you in getting goingwith Link to your website.

Let's get to it!

watch >> boost conversions and sales on your website by using a stripe link

Link is a payment feature available through an integration with Stripe Elements Integration.

Your members and clients a quick simple, secure, and easy option to pay single-click payment across tens of thousands of websites.

Whether it's on your site or another linked site when a first-time user makes a purchase using Link, the system saves and encrypts their info to be used for any future 1-click transactions.

Link is a certified PCI level 1 Service Provider. This means that your customers' saved data are extremely secure.

Link provides users with the ability to allow secure, 100% secure payment on the web with a simple checkout process just once.

Here's a breakdown of how this easy procedure works...

 Step 1: Customer is able to check out, and then saves the details about their payment

Your client is redirected to a Link-supported site (yours or otherwise). When they checkout and save their credit card information and the shipping address.

 Step 2. One-click payment is made

If you make a purchase in the future, Link autofills that customer's saved payment info so they can check out with only one mouse click.

 Step 3: Customer completes mobile verification in the future

Your customer is now ready. Once they've used Link for the first time on a different website or gadget, they'll be issued a one-time code. The code is used to authenticate their identity and help ensure that their information is secure.

The research proves abandoning carts is a big cost issue.

In one instance, a research conducted by the Baymard Institute showed that around 70 percent of buyers quit their shopping carts. The main cause of the abandonment of carts is the frictionin the customer's buying journey.

It was also found out that close to 1/5 of customers abandoned their carts due to a checkout process they said was "too long and complicated".

In addition, Baymard found that improving the checkout "flow and layout" could help save the business $260 billion in lost orders.

The only method to make the sales lost is to develop a quick and smooth customer journey.

Through its 6 second checkout procedure, that's exactly the way Link by Stripe does.

Improved checkout flow and layout

Link can make the buying experience by allowing buyers to make their purchase 9 times faster. Research has shown that Link users experience a superior shopping experience. Link customer experience is so much better that Link users purchase at a rate of 4 times higherthan those who are not Link users.

Businesses that have used Link have seen an growth in conversion rates by about 7%. It's an astonishing, code-freeway for small online businesses to build the full payment site and then share the link with their customers.

Ready to get it set up? It's easy!

Learn >> HOW TO offer a STRIPE Link on Your Website (TUTORIAL VIDEO)

If you're a creator and you've got access to the Stripe Integration, it's fast and easy to set up Link. Simply follow these steps.

Getting set up

First, go to your Stripe Dashboard settings -> Payment methods. Pick your .com platform from the dropdown menu.

Scroll down until you find your Link Payment method Click the Switch on button.

Then, enable Link within your preferences by clicking the settings > payment tab.

Check your Stripe gateway settings (see image below) Make sure Stripe Elements is chosen.

Scroll down and then check the box that says Enable Link (recommended), and save your Settings.

All you need to do is set! The next time that a customer pays out, they will be able to choose to pay with Link.

Wrap-Up

The buyer's journey is a source of friction and is one of the greatest reasons for revenue loss due because of cart abandonment. Link by Stripe can be a super simple way to decrease friction and increase sales on your site.

Simply activate Link within your Stripe Dashboard. After that, make sure Link is enabled in your Settings. These two little steps can help you get on the road to lots of increased revenue.

Check out the knowledge Base as well as the Link to Stripe FAQs to find out more details and start your journey.

cta character

Take Action Now!

Start getting paid for the content you create.

Have you already added Stripe Link to your site Have you done so yet? We'd love to hear about what you think about it. Let us know in the remarks.