Gavin ShieldsCEO Driving Innovation in Self Storage Tech

Maximise Self Storage Profits With Stora & Stripe's Payment Processor

5 Nov 2025 · 1 min

Watch on YouTube

0:49

This YouTube interview (by Gavin Shields) discusses a partnership between a self-storage-focused business and Stripe to leverage Stripe's financial infrastructure and innovation. Speakers argue that the nominal processing rate is often misunderstood as the main cost of payments; instead, lost revenue from involuntary returns and operational inefficiencies are the bigger drains on profitability. The partnership lets storage businesses offload payment headaches so they can focus on units, customers, and experience.

Chapters

The reason that we partnered with Stripe is we know that Stripe is at the cutting edge. And so we know that a partnership with Stripe, for us as a business, has an upside in that we get to come along on your journey of we get the upside of your investment in innovation.
The one thing most people misunderstand is that the processing rate is not the true cost of payments. The reality, I think, is the biggest drain in profitability is not the rate, it's the lost revenue to involve return and operational efficiency. You know, you're the experts in storage, we're the experts in financial infrastructure. And that's, you know, that takes a lot of headaches away from, from the storage businesses to focus on their units, their customers, and the experience they want to.