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In this video, the creator discusses adding coupons and discounts to an application using Stripe. While Stripe's admin back-end supports coupons for subscriptions, additional logic needs to be implemented for other purchases. The shopping cart package being used does not support coupons, so manual implementation is required. The coupon component is shown in the checkout section, after being moved from the cart. The envisioned process involves users entering a coupon code, which searches the database for a match and applies the discount if found.
