Ekeria Blog

HubSpot Stripe Integration | Activate Stripe Payments Today

Written by Agnese Miralta | Nov 6, 2024 10:00:00 AM

The HubSpot and Stripe integration represents a great opportunity for companies looking to improve payment management within their workflow. With this synergy, you can take full advantage of the capabilities of HubSpot's CRM and Stripe's payment processing platform to collect payments, automate processes, and provide a seamless and secure payment experience for your customers.

 

In this article, we will explore the overview of the Stripe integration with HubSpot, how to set up your Stripe account and integrate payments with HubSpot CRM, as well as the benefits and features that this partnership offers. Finally, we will answer frequently asked questions to help you clarify any doubts.

 

Stripe Integration Overview

The HubSpot and Stripe integration allows you to connect your Stripe account to HubSpot's CRM, specifically Commerce Hub, allowing businesses to manage payments directly from the HubSpot platform. This feature integrates seamlessly with quotes, workflow, customer data, and invoicing, making the entire sales and payment collection process simple and automated.

 

With Stripe connected to HubSpot, businesses can accept one-time or recurring payments, such as subscriptions, and process payments in multiple currencies and payment methods, including credit cards and payment links.

 

Why use Stripe integration with HubSpot?

  • Payment Automation: Send payments directly from your HubSpot CRM, reducing manual and time-consuming tasks.
  • Subscription Management: Easily manage recurring payments and subscriptions.
  • Personalization: Customize your payment flow and sync it with your HubSpot workflow.
  • Real-time Updates: Get instant payment updates and track financial data in real time.

 

Setting up the Stripe integration

Integrating Stripe with HubSpot is a quick and easy process. To get started, you need to have an existing Stripe account or create a new one. Once you're logged into HubSpot, you can proceed with setting up data sync and connecting your Stripe account.

 

Steps to set up Stripe with HubSpot:

  1. Log in to your HubSpot account and go to the "Settings" section.
  2. Select the "Payments" option and follow the instructions to integrate Stripe.
  3. Connect your Stripe account to start syncing data between the two platforms.
  4. Customize payment options within HubSpot, such as one-time payments or recurring payments.
  5. Test your setup and start sending payment links to customers.

Once you complete these steps, Stripe will be fully integrated into HubSpot and ready to be used as your primary payment processor.

 

Benefits of Stripe and HubSpot Integration

The HubSpot and Stripe integration offers numerous benefits for both small businesses and large organizations. Some of the main benefits include:

 

  • Simplified Payment Processing: Stripe, as a payment processing platform, can handle payments quickly and securely, supporting multiple currencies and payment methods. With Stripe integrated into HubSpot, the entire sales and invoicing process is automated.
  • Data Sync: All payment data is synced between HubSpot and Stripe in real time. This means your customer and payment information is always up to date, making it easier to track payments and process transactions.

  • Quote Management: With this integration, you can send quotes directly through HubSpot and connect them to a Stripe payment link, improving efficiency and speeding up payment times.
  • Recurring Payments and Subscriptions: If your business uses a subscription-based business model, Stripe is a great tool to handle recurring payments. Through the HubSpot integration, you can automate your entire payment cycle and easily manage subscriptions.

Stripe Pricing and Integration Costs

Stripe offers a transaction-based pricing structure, which typically charges a fee for each transaction processed. Costs vary depending on the payment method and currency used. However, HubSpot does not charge additional fees for using the Stripe integration.

 

Stripe Pricing Key Features:

  • Standard fee for credit card transactions.
  • Support for recurring payments and subscriptions with a fixed fee.
  • No cost for Stripe and HubSpot integration.

Before you activate the integration, it's important to review Stripe's pricing and see how it fits your business needs.

 

 

How HubSpot and Stripe Support Payments

HubSpot and Stripe offer a wide range of tools to support payment processing. HubSpot's strategy is based on offering a complete CRM platform that allows you to manage customers, quotes, and payments in one place. Stripe acts as the payment processor, managing payment processing and transaction security.

 

Additionally, the latest information is constantly updated across both platforms, ensuring seamless integration between HubSpot CRM and Stripe Payments Platform.

 

Custom Workflow with Stripe Integration

The Stripe integration is not only useful for collecting payments, but it can also be used to automate various tasks through HubSpot workflows. For example, you can set up a flow that sends an automatic thank you email after a payment or create a series of actions that trigger based on the payment status.

 

Example workflows with Stripe integration:

  • Automatically create an invoice and send it to the customer once a payment is received.
  • Set up automatic alerts for your sales team when a payment is overdue.
  • Automatically update customer information in HubSpot based on the payment status in Stripe.

These automations save time and improve team efficiency, as well as provide a seamless customer experience.

 

Take a leap in quality

The HubSpot and Stripe integration is a powerful tool for managing and optimizing a company's payment flow. With the ability to process payments, send quotes, and manage customer data in one place, this synergy makes the sales process smoother and more personalized. Setting up the integration is easy and represents an opportunity for any company looking for a flexible and scalable solution for their payments.

 

Ekeria is HubSpot's Italy partner. We guide our customers in adopting the CRM, implementing it and providing training to learn how to best use the platform. Learn more about HubSpot: request a free demo now.

 

 

HubSpot and Stripe Integration FAQs

1. How can I integrate Stripe with HubSpot?

To integrate Stripe with HubSpot, log in to your HubSpot account, go to your payments settings, and follow the instructions to connect your Stripe account.

 

2. What payment methods are supported?

Stripe supports credit card payments, bank transfers, and other digital payment methods, allowing you to collect payments in multiple currencies.

 

3. Does HubSpot charge for Stripe integration?

No, HubSpot does not charge any fees for the integration. The only fees charged are those related to Stripe as the payment processor.

 

4. Is it possible to manage recurring payments?

Yes, the HubSpot and Stripe integration supports recurring payments to manage subscriptions or recurring payment plans.

 

5. What are the benefits of integrating HubSpot and Stripe?

The integration lets you automate payments, manage quotes with payment links, and sync data between HubSpot and Stripe in real time.

 

6. Can I use Stripe without a HubSpot account?

Yes, you can use Stripe as a standalone payment platform, but to take advantage of all the automation and CRM features, it is recommended that you integrate Stripe with HubSpot.