Stripe Managed Payments

What Stripe Managed Payments is

Stripe Managed Payments is a merchant of record service for businesses selling digital products globally, including SaaS, software, digital content, and downloads. It handles sales tax, VAT, GST, post-sale compliance, real-time fraud prevention, and disputes on a business’s behalf. Stripe says its tax and compliance coverage extends to more than 80 countries and 35 product categories. Checkout can localize the buying experience in more than 30 languages, and customers can pay in local currency in more than 150 countries. Link provides customer support in 19 languages, 24/7, for inquiries on the business’s behalf. Businesses can use Stripe Checkout and Payment Links; subscriptions are supported with Stripe Billing. Stripe says businesses can go live with Payment Links or by making a one-line code change to Checkout, and it documents payments from mobile apps. The service is available on Android, iOS, API, and web. It costs $3.50, paid once for each successful Managed Payments transaction, in addition to Payments fees, and has no free plan. Connect, embedded web components, advanced integrations, and third-party tax integrations are not supported.