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The new feature on Stripe could increase the number of conversions to 77% (plus videos)

Jul 21, 2022

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Link by Stripe is available, and it's built right in to your existing Stripe Elements integration. There are no extra charges or costs.

If you're an artist in the U.S., and you're using USdollars, then you've got access to Link.

This new feature is awesome for lots of reasons. This is one of the most impressive:

Link customers make purchases four times more often than non-Link users.

In this article, we'll discuss some more fascinating statistics. We'll also talk about the benefits of Link by Stripe will be. We'll explain how it works and help you get goingwith Link on your website.

We'll get started!

Watch >> increase the conversion rate and sales for your site by using stripe link

Link is a payment option that is available via an integration with Stripe Elements integration.

It gives your members and customers a fast simple, secure, and easy method to process 1-click payments on thousands of sites.

Whether it's on your site or another Link-enabled site, the first time a user checks out through Link it saves and secures the user's information in order to allow future 1-click payment.

Link is a certified PCI Service Provider Level 1. This means that the data of your customers is extremely safe.

Link lets users make completely secure one-click payment on the web by completing an easy check-out process only once.

This is a brief explanation of how this easy method is carried out...

 Step 1: The customer pays out and stores details about their payment

Your client is redirected to an online store that is supported by Link (yours or a different one). When they checkout and save their credit card details as well as their shipping address.

 Step 2. One-click payment is allowed

In the event of any subsequent purchases, Link autofills that customer's saved payment info so they can checkout with just one click.

 3. Step 3: Client completes mobile verification going forward

Now your customer is all ready. If they click Link on a new site or device, they'll receive an unique code. The code is used to authenticate their identity and help protect their personal information.

Studies show that abandoning carts is an enormous, expensive problem.

In one instance, a research by the Baymard Institute showed that nearly 70 percent of buyers abandon carts. The primary reason for the abandonment of carts is the frictionin the buying process.

The same study found that close to 1 in 5 consumers left their carts in response to checkout procedures they described as "too complicated and long".

In addition, Baymard found that improving the checkout "flow and appearance" can save businesses around $260 billion in lost orders.

The only method to make these sales is by creating an speedy and easy customer journey.

Its 6-second check-out process, that's exactly the way Link by Stripe does.

Design and flow of checkouts that are more efficient and user-friendly

Link can make the buying experience by allowing buyers to make their purchase 9 times faster. And studies show that the Link customer experience is significantly better in that Link users make a purchase at a rate of 4 times higherthan non-Link users.

Since its launch, companies using Link have seen an increase in conversions of over 7%. It's an astonishing, code-freeway for small-scale online companies to create an entire payment page, and share the link with 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 an author, and you've got access to the Stripe integration, it's quick and simple to setup Link. Simply follow these steps.

Set up

To begin, log into the Stripe Dashboard Settings - Payment Methods. Select the .com platform from the dropdown menu.

Then scroll down to find your Link method of payment. method, and click the button to turn on the button.

Next enable Link to be enabled in the settings of your account by selecting the > Settings > Payments tab.

Check your Stripe gateway settings (see image below) Check that Stripe Elements has been selected.

After that, scroll to the bottom of the page, click the box beside Allow Link (recommended), and Save your Settings.

You should be all set! Next time a customer checks out, they have the option to pay using Link.

Wrap Up

Friction in the buyer's journey is one of the main sources of lost revenue due to cart abandonment. Link by Stripe is an extremely simple method to reduce that friction and improve sales for your web site.

You can enable Link in the settings of your Stripe dashboard. After that, make sure Link is enabled in the Settings. Two simple steps could help you get on the road towards a wealth of additional revenue.

Visit our Knowledge Base and the Link by Stripe FAQs for more information and to start your journey.

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Have you added Stripe Link to your site Yet? We'd like to hear how you're doing. Let us know in the remarks.