Real-time payments
Learn about real-time payments with Stripe.
Real-time payment methods let customers directly transfer money from their bank account or alternate funding source using an authenticating intermediary, like a phone number. Because this payment method type increases transaction speeds, it can improve conversion rates. Stripe supports real-time payments in Brazil, Singapore, Thailand, Sweden, and India.
Payment process
The real-time payment method process is as follows:
- Stripe sends the customer an identifier that lists the payable amount.
- The customer makes the payment through their application or third-party service.
- The application or third-party service communicates with the customers bank to secure the funds.
When a customer uses a real-time payment method, their statement lists the application or third-party service as the payment type.
Product and country support
The following table lists what products and which countries support each real-time payment method:
Payment method | Customer country | Payment Intents | Checkout | Connect | Invoicing | Subscriptions |
---|---|---|---|---|---|---|
Pix | Brazil | |||||
Pay by Bank | United Kingdom | |||||
PayNow | Singapore | * | * | |||
PromptPay | Thailand | * | * | |||
Swish | Sweden | |||||
UPI | India |
* Invoices and subscriptions only support the send_
collection method.