Understanding Elastic Path Payments
This document provides an overview of Elastic Path Payments powered by Stripe and its supported features.
What is Elastic Path Payments?
Elastic Path Payments, powered by Stripe, is a payment gateway that integrates with your Elastic Path Commerce store to provide a complete payment processing solution.
The gateway interacts directly with Stripe to handle payment processing, authorization, and settlement, providing a seamless checkout experience for your customers while simplifying payment management for your business.
Features and Capabilities
Elastic Path Payments offers a comprehensive set of features:
- Multiple Payment Methods: Support for credit/debit cards, digital wallets, and local payment methods
- Global Currency Support: Process payments in multiple currencies
- Fraud Prevention: Built-in fraud detection and prevention tools
- Subscription Management: Support for recurring billing and subscription payments
- PCI Compliance: Reduced PCI compliance burden through tokenization
- Payment Optimization: Smart routing and recovery tools to maximize payment success rates
- Pre-built UI Components: Ready-to-use UI components for faster implementation
Integration Benefits
Integrating Elastic Path Payments provides several advantages:
- Simplified Implementation: Pre-built components and SDKs reduce development time
- Unified Commerce Experience: Seamless integration with your Elastic Path Commerce store
- Reduced Compliance Burden: Less PCI compliance work through tokenization
- Streamlined Operations: Single platform for payment processing, reporting, and management
- Improved Conversion Rates: Optimized checkout flows and support for preferred payment methods
- Global Reach: Support for international payment methods and currencies
- Automatic Updates: Ongoing updates and improvements without additional development work
Getting Started
To use Elastic Path Payments, you need to:
- Reach out to your Customer Success Manager or Customer Success Team to enable the gateway
- Create a Stripe account through the Stripe Dashboard
- Complete the onboarding form to set up payments using the gateway
- Configure the payment gateway in your Commerce Manager