What Is Stripe and How Does It Work? Quick Guide for Small Businesses
Summary
Stripe is a leading payment processing platform that is essential for short-term rental hosts looking to establish direct booking websites. This guide explains how Stripe handles transactions, its pricing structure (2.9% + $0.30), and key features like 'Connect' for splitting payments. While powerful and developer-friendly, hosts are warned about potential account freezes due to the travel industry's 'high-risk' status and the importance of proactive dispute management.
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