Overview

The Stripe app integrates OpenMeter with Stripe to provide additional features and seamlessly integrate with existing workflows. For example, the Stripe app can be configured to synchronize invoices to Stripe, calculate tax, and collect payments automatically.

#Stripe Integrations

The Stripe app integrates OpenMeter with the following Stripe products:

• Stripe Tax: Calculate taxes automatically via Stripe based on location, product, or other criteria.
• Stripe Invoicing: Sync and deliver invoices via Stripe and collect payments.
• Stripe Payments: Collect payments via Stripe payment gateway using multiple payment methods.

#Stripe Tax

Leverage Stripe Tax to handle complex tax rules and rates for any region. The integration ensures accurate, up-to-date tax calculations for each invoice, removing the guesswork and reducing compliance risks.

Stripe calculates tax based on:

• Vendor location
• Customer location
• Product tax code (global default or per rate card)

#Stripe Invoicing

Stripe Invoicing is a global invoicing software platform built to save you time and get you paid faster. OpenMeter can synchronize invoices to Stripe Invoicing continuesly to automatically collect payments. Stripe Invoicing makes it easy to automate accounts receivable, collect payments, and reconcile transactions.

#Stripe Payments

Collect payments quickly and securely via Stripe's trusted payment gateway. Your customers can choose from various payment methods—credit card, ACH, and more—to improve the overall customer experience and speed up cash flow.

In OpenMeter you can configure the default payment method and currency to use for payments per customer and billing profile.

#How it works?

OpenMeter uses apps to extend the functionality of the platform. For example, you can use apps to integrate with external systems like Stripe.

In the case of the Stripe app, OpenMeter handles:

• Usage metering
• Products and prices
• Subscription management
• Billing

While Stripe handles:

• Credit card details
• Payment collection
• Tax calculations (if enabled)
• Sending invoices to customers

The OpenMeter Stripe app synchronizes invoices to Stripe Invoicing for automatic tax calculations and payment collection.