The web design market has been around since the days of Adobe Dreamweaver (a website builder), but with the evolution of the internet, it is now flooded with many companies that provide drag and drop site builders for customers of all walks of life, whether its an amateur or experienced, but there is one platform that has soared high and stood tall, and that is Squarespace. Let’s read about Squarespace payment options
Since 2004, when Anthony Casalena gifted us with Squarespace, a website-building company, we’ve been fortunate. It was the start of an era where billions of individuals rely on website tools to create amazing websites for their businesses and brands, such as blogs, portfolio sites, and online storefronts. Zendesk and The American Red Cross, for example, have done exactly that.
However, in this age of modern advancements in online technology and popularity of e-commerce, online payments have been key for smooth operation and faster transaction of goods and services. There are various types of online payment methods and processes that websites can connect to and use to help their consumers pay for their items easily. This is a critical stage of building an online business, which is why companies always go for websites that offer integrated payment methods that are easily accessible based on the country they are in. This is where Squarespace comes in by simplifying payment processes by offering only two popular payment processor choices: Stripe and PayPal. There is also the inbuilt point of sale system for Squarespace.
These first two payment methods are well known worldwide for their flexibility and wide reach, especially their connectivity to banks worldwide in which these payment systems exist. So customers can easily pay for their goods and services through Squarespace without hassle. So we should explore what these methods are.
Payment Methods On Squarespace
Stripe
Stripe is an emerging online payment system that allows you to accept globally used credit and debit cards as payment on the Squarespace site which you created. Stripe accepts the following cards for payment:
- Visa (both credit and debit cards).
- MasterCard (both credit and debit cards)
- American Express
- Discover
- Diner’s Club
- JCB
- Apple PayStep 2
The credit cards which are unsupported by Stripe are as follows:
- ACH credit transfers and debits
- Alipay
- Bancontact
- Bitcoin
- Giropay
- Google Pay
- iDEAL
- SEPA Direct Debit
- SOFORT
- WeChat Pay
How to use Stripe to transfer money to an account?
Stripe has an advantage which is, it deposits funds into your bank account as fast as possible. This means you can access your money as soon as possible without having to worry about delays. You can also use the Stripe interface to adjust your payout schedule to make it longer.In-addition, you can get a list of all Stripe transfers to your bank account.
PayPal
The infamous PayPal, like Stripe, is an online payment system that does not require the buyer’s credit card details to complete a transaction. It only requires the buyer’s email address, and the transaction is completed entirely through PayPal. Another advantage of using PayPal is that it allows you to accept Venmo payments. Customers who place orders and pay with their phones would appreciate this payment solution.
How to use Paypal to transfer money to an account?
Step 1 – Log in to PayPal online.
Step 2 – Register for a PayPal Business account.
Step 3 – Confirm your PayPal account.
You cannot withdraw funds unless your Paypal account has been confirmed. PayPal sends you an email with the subject “Confirm your email address” after you verify your account. You must follow the instructions in the verification email to complete the verification process.
Step 4 – Approve Squarespace Commerce transaction fees
These steps are critical for approving a PayPal payment contract and approving Squarespace Shopping transaction fees. This ensures that you can continue to accept PayPal without interruption if your website plan or subscription to Member Areas changes.
Another advantage of using PayPal is the ability to connect multiple Squarespace sites to a single PayPal Business account. Each Squarespace site, however, can only be linked to one PayPal Business account.
Squarespace POS
If you sell products in person, then Squarespace Point of Sale is the system for you. It can be accessed in the Squarespace app via the Apple store. It will enable you to accept cash and card payments through your online store.
Processing fees
Connect a payment processor in payment settings to activate Squarespace Commerce and begin accepting payments. Customers will see payment options for Stripe, PayPal, or both after you connect them.
Square can also be used as a payment processor for Squarespace point of sale, as well as to enable Afterpay or Clearpay, the buy-now-pay-later services for customers.
Stripe, PayPal, Square, Afterpay, and Clearpay are not free to use because each payment method has a different processing fee.
Stripe
Stripe’s processing fees vary depending on the country in which the payment system is available. You can visit Stripe’s documentation for details:
- United States
- United Kingdom
- Ireland
- Australia
PayPal
For more information, please refer to PayPal’s documentation.
Square
The processing fees charged by Square vary depending on how the payment is made. To learn more, go to Square’s documentation.
Afterpay and Clearpay
What’s great about Afterpay and Clearpay is that you can connect them to your Squarespace store and allow your customers to pay for products in installments with no interest. When a customer pays, you receive the entire amount up front, and your customer repays Afterpay or Clearpay in four installments.
When you enable Afterpay or Clearpay, it becomes a payment option for all physical products in your store. The Afterpay charges for processing are 6% of the order total plus $0.30. The same goes for Clearpay, which charges a processing fee of 6% of the order total plus £0.30. Stripe’s fee is included.
Conclusion on Squarespace payment options
Having seen the various flexible payment options Squarespace offers as you shop, in addition to easily creating modern and beautiful websites for desktop and mobile, then Squarespace is the right website builder to use.
