Why Stripe Matters for Your Community
Stripe helps you get paid. It's a company that processes payments online. When your members pay for access, Stripe handles the money transfer safely. It works with LaunchPass to make payments simple for everyone.
Think of Stripe as the secure vault that holds and moves money between your members and your account.
What Stripe Does for You
Accepts Payments Anywhere
Stripe lets you collect money from people in 195+ countries. Members can pay using credit cards, debit cards, and digital wallets. Your members might be anywhere in the world, and Stripe helps you accept their payment methods.
Keeps Money Safe
Stripe follows strict security rules. Your customer payment information stays protected. Stripe uses encryption (scrambled codes that only authorized people can read). This means hackers cannot easily steal payment details.
Stripe follows PCI compliance standards. This is the rulebook that protects credit card information everywhere.
Connects Easily to LaunchPass
LaunchPass and Stripe work together seamlessly. You set them up once, and they stay connected. This connection means your members can pay without leaving LaunchPass. You get paid automatically when someone joins or renews their membership.
Shows You Your Money
Stripe gives you reports about your earnings. You can see how much money came in each day. You can see which payment methods your members prefer. You can watch your revenue grow over time. These tools help you understand your community's spending habits.
How Stripe Works With LaunchPass
When a member joins or renews:
Member enters payment info in LaunchPass
LaunchPass sends the payment to Stripe (securely, with encryption)
Stripe processes the payment using the member's bank
Stripe confirms success back to LaunchPass
LaunchPass grants access to the member
Money transfers to your account (usually within 1-2 business days, but can depend on your payout settings)
You never touch the payment information directly. Stripe handles all the sensitive data.
Key Facts About Stripe and LaunchPass
Setup
Time to connect: 5 minutes
Cost to use: No monthly fee from Stripe
Payment to your account: Usually arrives 1-2 business days after payment
Stripe Transaction Fees
When a member pays, Stripe takes a small fee:
Credit/debit cards: 2.9% + $0.30 per transaction
Example: A $29 membership costs Stripe 2.9% ($0.84) + $0.30 = $1.14 fee
You receive: $29 - $1.14 = $27.86
International payments may have different fee structures. Contact [email protected] for specific pricing details.
What Gets Protected
Member credit card numbers
Billing addresses
Payment history
Member identity information
What You Need to Know
Stripe is PCI Level 1 certified (highest security level)
Your LaunchPass data stays separate from payment data
Failed payments show in your LaunchPass dashboard
Refunds process through Stripe and appear in your account within 1-2 days
Stripe supports 135+ currencies
Comparing Payment Processors
Feature | Stripe | Other Processors |
Countries Supported | 195+ | Varies by processor |
Setup Time | 5 minutes | 5-30 minutes |
Transaction Fee | 2.9% + $0.30 | 2.2%-3.5% + fees |
PCI Compliance | Level 1 (highest) | Varies |
Currencies Supported | 135+ | 20-50 typically |
Integration with LaunchPass | Built-in, seamless | Limited or custom |
24/7 Support | Yes | Varies |
Mobile-friendly | Yes | Yes |
Common Questions About Stripe
How long does it take to get my money?
Most payments arrive in your bank account 1-2 business days after a member pays. Weekends and holidays may add extra time. You can also customize your payout schedule directly in Stripe.
Is my information safe with Stripe?
Yes. Stripe uses encryption (scrambled security codes) and follows the highest security standards (PCI Level 1 certification). Your member information is protected.
What if a payment fails?
LaunchPass shows you failed payments in your dashboard. Contact [email protected] to troubleshoot. Usually, the member just needs to update their payment method and try again.
Can my members pay in different countries?
Yes. Stripe accepts payments from members in 195+ countries using 135+ currencies. If your member's currency is different from yours, Stripe converts it automatically.
What if I want to refund a member?
You can refund payments through LaunchPass. Stripe processes the refund. The money returns to your member's original payment method within 1-2 business days.
Can I see my earnings?
Yes. Log into your LaunchPass dashboard and check your Stripe reports. You can see daily earnings, payment methods used, and revenue trends.
Does Stripe charge a monthly fee?
No. Stripe only charges per transaction (2.9% + $0.30 for standard cards). No monthly fee or setup cost.
Getting Started With Stripe
Step 1: Create a Stripe Account
Visit stripe.com and sign up. You'll need your business information and bank details.
Step 2: Connect Stripe to LaunchPass
Go to your LaunchPass settings. Find the payments section. Click "Connect Stripe." You'll authorize LaunchPass to use your Stripe account.
Step 3: Test a Payment
Try a small test payment to make sure everything works. This helps catch any issues before your members pay.
Step 4: Monitor Your Dashboard
Check your earnings regularly. LaunchPass shows all your transactions and Stripe reports.
Troubleshooting Common Issues
Payment Won't Go Through
What to try:
Confirm the member's card details are correct
Check the card isn't expired
Verify the member has available credit
Try a different payment method
Contact your bank if the problem continues
Missing Transactions in Dashboard
Refresh your LaunchPass dashboard
Check your Stripe account directly at stripe.com
Wait 1-2 business days for pending transactions
Email [email protected] with transaction details
Wrong Amount Charged
This usually happens with currency conversion. Stripe converts currencies at fair rates. If something seems wrong, contact [email protected] with:
Member name
Transaction date
Amount shown
Currency used
Security Best Practices
Never share your Stripe login with anyone except authorized team members
Use strong passwords for your Stripe and LaunchPass accounts
Check your dashboard regularly for unusual activity
Enable two-factor authentication on your Stripe account
Review transaction reports weekly to catch issues early
Report suspicious activity immediately to [email protected]
Need Help?
Have questions about Stripe or payments? Our team is here to help.
Email us: [email protected]
Response time: Usually within 24 hours
We can help with:
Setting up your Stripe account
Troubleshooting payment issues
Understanding your transaction fees
Questions about international payments
Refund and billing questions
Don't hesitate to reach out. We want your payments to work smoothly so you can focus on your community.