💳 What is Stripe?

Stripe is one of the world’s leading payment processors, originally founded in Ireland and now operating in 25+ countries.

It allows clubs to accept secure card payments online, offering a smooth checkout experience with just:

• Card Number
• Expiry Date
• CVC

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✅ Benefits of Using Stripe

Stripe provides several advantages to clubs and their members:

• ⚙️ Easy to use – Seamless setup and user-friendly.
• 💷 Competitive Pricing – Transparent fees with no hidden costs.
• 🔁 Increased Member Retention – Easier recurring payments.
• 💡 Reduces Admin Time – Automatic processing and reminders.
• 💸 Improves Cashflow – Timely monthly payments.
• 📉 Minimises Payment Failures – Smart Retry and alerts.

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🔁 How Recurring Payments Work

• Stripe supports subscription payments that charge members automatically each month.
• Users see the payment schedule at signup.
• No user action is needed unless a payment fails.
• Smart Retry will attempt failed payments again automatically within 2–3 working days.
• If the payment still fails, the subscription is cancelled automatically.
• Stripe allows you to configure retry rules via your admin dashboard.

📧 Both the member and club admin are notified of failed payments.

🛠️ Members can update card details or cancel subscriptions via their Klubfunder account.

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💼 Where Stripe Is Used in Klubfunder

Stripe can be used for both one-off and recurring payments in the following modules:

• 🎟️ Ticket Sales
• 👥 Membership
• 🗓️ Event Registration
• 🎰 Lotto
• 🏋️ Training Fees

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💰 Stripe Fees

Card Type	Fee
UK Standard Cards	1.5% + 20p per transaction
European Cards	2.5% + 20p per transaction

• ❌ No setup, monthly, or hidden fees
• 📊 Real-time fee reporting
• 💳 Pay only for what you use

🔗 For more details, visit the Stripe Pricing Page.

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