Moovs Payments is a built-in payment processing solution to allow you to transfer money from a customer’s bank account into your business’s account by way of a credit card, debit card, all from within the Moovs platform.
Moovs utilizes a proprietary system, the 'Moovs payout account,' built on top of Stripe’s infrastructure. This system allows seamless payment processing and payouts within the platform, eliminating the need for external Stripe accounts.
There is no need for additional memberships or hardware (card scanners etc) while allowing you the ultimate flexibility in managing your payment processing workflow.
Moovs Payments uses the power and technology of Stripe, one of the largest and most established providers of payment processing.
Unlike directly linking standalone Stripe accounts, Moovs employs a specialized payout system that works independently of external Stripe accounts. This ensures seamless and secure management of financial transactions within the platform.
Frequently Asked Questions
Do I need a separate Stripe account to get paid via Moovs?
No, you do not need to set up or connect a standalone Stripe account. The Moovs payout account is sufficient for all payment processing and payouts, explicitly built for ease of use within the Moovs ecosystem.
Security
With a full array of security features, Moovs Payments/Stripe is one of the safest payment processors you can use.
Can I connect my personal Stripe account to Moovs?
No, Moovs does not allow the integration of personal or external Stripe accounts. All payment processing is handled through the built-in Moovs payout account system, reducing complexity and ensuring a streamlined payment experience.
Renowned companies such as Google, Instacart, Salesforce and Amazon all trust Stripe for their credit card transactions.
Why doesn’t Moovs allow external Stripe account integration?
Moovs' payout account system is designed exclusively for use within the platform. Built on Stripe’s infrastructure, it reduces technical challenges and incompatibilities that might arise from linking external accounts while ensuring optimized payments management.
Can I use my standalone Stripe account to access my Moovs financial data or loans?
No, standalone Stripe accounts cannot be connected for these purposes. Moovs handles all financial operations via its proprietary payout account, ensuring a centralized and simplified experience.
Fees
Moovs Integration with Stripe
The Moovs platform integrates seamlessly with Stripe via its proprietary payout system. This allows for automated and secure payment processes without requiring external Stripe account management.
Moovs Payments uses a flat-rate pricing system in lieu of monthly account fees. Advanced features and international transactions have additional costs per transaction.
Many factors affect the flat rate that Moovs Payments is able to offer, including but not limited to payment volume, our industry and the products that are offered.
Generally speaking the breakdown of transaction fees are:
Online Credit Card & Wallet Payments | Standard: 3.4 % + $0.30 per transaction
Pro: 3 % + $0.30 per transaction | Manually entered card number incur additional fees of (0.5%) |
International Cards | +1% for International Cards |
|
Operator App Transactions | +.5% on top of transaction fees | Payments processed through the operator app incur additional fees of (0.5%) |
Moovs Payments does not have:
Monthly account fees
PCI compliance fees
Refund fees