This video provides a step-by-step guide on changing product prices in Stripe. It emphasizes creating a new price instead of editing the existing one, setting it as default, and archiving the old price to preserve billing history.
A short editorial from the VEONIB team on why this content matters.
SEONIB notes that Stripe's pricing model requires a deliberate approach: create a new price, set it as default, and archive the old one to maintain clean billing records. This ensures accuracy and continuity.
This video stands out by focusing on the 'why' behind Stripe's pricing structure, not just the 'how'. SEONIB adds that for SEO, structuring content around such practical steps helps capture high-intent queries from users actively managing their payment systems.
Business owners and developers managing Stripe products should watch this video and then audit their existing pricing setups to ensure they follow the recommended practice.
A payment processing platform that allows businesses to accept and manage payments online.
The amount charged for a product or service, configurable in Stripe's product catalog.
The primary price assigned to a product for new transactions in Stripe.
The action of making an old price inactive while retaining its data for historical records.
The record of past transactions and invoices associated with a product or customer.
URLs that allow customers to make payments for specific products or services.
A section in Stripe where all products and their pricing details are managed.
How do I change the price of a product in Stripe?
To change a product price in Stripe, go to the product catalog, select the product, click 'Add another price', enter the new amount and currency, save it, set it as default if needed, and archive the old price.
Can I directly edit an existing price in Stripe?
No, Stripe does not allow direct editing of an existing price. Instead, you must create a new price and optionally set it as the default.
Why does Stripe require creating a new price instead of editing?
Creating a new price preserves billing history and ensures that past transactions remain accurate, while allowing new pricing to be applied to future purchases.
How do I set a new price as the default in Stripe?
After saving the new price, look for an option to 'Set as default price' in the pricing section of the product details page.
What happens if I don't set the new price as default?
If you don't set the new price as default, it may exist but won't automatically be used for new payment links or product references.
How do I archive an old price in Stripe?
Next to the old price, click the three-dot overflow menu and select 'Archive' or 'Mark as inactive' depending on your interface version.
Will archiving a price delete it from Stripe?
No, archiving a price makes it inactive for new customers but retains the record for reporting and historical reference.
What should I do after changing a product price in Stripe?
Review any checkout links, payment links, or integrations to ensure they reflect the new pricing correctly.
Can I have multiple prices for the same product in Stripe?
Yes, you can add multiple prices for a product, each with different amounts or currencies, and choose which one is the default.
Is it possible to change the currency of a product price in Stripe?
Yes, when adding a new price, you can select the appropriate currency from the dropdown menu.