Sunbit paymentsPublic preview

Sunbit is a buy now, pay later payment method available in the US that gives your customers the flexibility to choose the number of monthly instalments they want to use for payment.

When customers select Sunbit as their payment method, Stripe redirects them to Sunbit’s website, where they get the ability to choose between 3, 6, or 12-month flexible payment plans to complete their purchase. You are paid up front.

Payment flow

Below is a demonstration of the Sunbit payment flow from your checkout page:

Get started

You don’t have to integrate Sunbit and other payment methods individually. If you use our front-end products, Stripe automatically determines the most relevant payment methods to display. Go to the Stripe Dashboard and enable Sunbit. To get started with one of our hosted UIs, follow a quickstart:

• Checkout: Our pre-built, hosted checkout page.
• Elements: Our drop-in UI components.

Other payment products

The following Stripe products also let you add Sunbit from the Dashboard:

• Payment Links

If your integration requires manually listing payment methods, learn how to manually configure Sunbit as a payment.

Payment options

The minimum charge limit is $60 and the maximum charge limit is $9999.99.

Prohibited and restricted business categories

In addition to the categories of goods or services sold and businesses restricted from using Stripe overall, the following categories are prohibited from using Sunbit:

• Transactions outside the United States
• Transactions in states in which Sunbit does not offer Sunbit Payments
• Gambling
• Pornography and adult entertainment
• Cannabis and dispensaries
• Anticipation loans

Additional requirements

You acknowledge that:

• Sunbit (and/or its partner bank) decides if customers can use Sunbit for purchases and has the sole right to receive payment from Sunbit customers. Stripe acquires those purchases for you and settles the funds to you.
• Customers must complete their own applications and review all terms related to your goods and services and the use of Sunbit.
• You can’t impose fees or higher prices for Sunbit purchases (that is, no surcharging).
• The amount financed including any down payment entered on the customer application for Sunbit purchases must be equal to or less than the price of goods/services delivered/rendered to the customer.

Refunds

Sunbit supports full and partial refunds. The refund period is up to 180 days after the purchase. Refunds for Sunbit payments are asynchronous and take up to 5 minutes to complete. We will notify you of the final refund status using the refund.updated or refund.failed webhook event. When a refund succeeds, the Refund object’s status transitions to succeeded. If a refund fails, the Refund object’s status transitions to failed and we return the amount to your Stripe balance. You will then need to arrange an alternative way of providing your customer with a refund.

Supported currencies

You can create Sunbit payments in the currencies that map to your country. The default local currency for Sunbit is usd and customers also see their purchase amount in usd.