Stripe Connect | Marketplace Payment Processing (2024)

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Sign in

Whether you run an on-demand, retail, or crowdfunding marketplace, Connect can help you onboard, verify, and pay out your freelancers, sellers, or other recipients at scale.

Allow users to easily sign up and quickly get paid. Take advantage of prebuilt UIs to launch faster and maximize conversion.

Tailor onboarding options, set payout timing, collect fees, and add your own branding to the user experience.

Take advantage of Stripe’s worldwide licenses. Reduce your regulatory and compliance overhead by shifting payments compliance to Stripe.

Send funds to users in 118+ countries—no need to establish local entities or banking partnerships.

Onboarding

Every marketplace needs to handle the complexities that come with onboarding, including evolving compliance requirements that can vary by business model, transaction type, and country. Connect provides the highest converting onboarding flows, built from Stripe’s learnings from optimizing onboarding experiences for thousands of marketplaces.

Lugg

支付由 STRIPE 支持

Qwick

Powered by Stripe

Get paid by Qwick

Country

United States

Mobile number

USA

+1

(555) 555-5555

Email

you@example.com

GitHub Sponsors

Powered by Stripe

Faites-vous payer par GitHub

Pays

France

Numéro de téléphone portable

FR

+33

(555) 555-5555

E-mail

you@example.com

Use conversion-optimized, prebuilt UIs or build your own flows with flexible APIs.

In some countries, all you need is a name and bank account to get started.

Unlock accelerated onboarding for millions of businesses and individuals that already use Stripe.

Stripe carries out risk-based screening against lists of high-risk merchants. Stripe continuously screens against lists of high-risk merchants as required to stay compliant.

Payouts

Managing payouts comes with significant operational overhead, from uploading spreadsheets and mailing checks to juggling multiple payout providers. Connect offers a powerful global routing and payout engine that makes it easy to send money to users quickly, securely, and without any manual reconciliation work.

We were wasting countless hours manually tracking our payouts to sellers with ACH. When we switched to Connect, we were able to automate our payout process while rapidly scaling our business. It’s saved us a ton of Engineering work and tracking has been significantly easier.

Reporting and analytics

The Stripe Dashboard provides a unified hub that lets your finance, operations, and support teams work together to manage payouts for large numbers of users. View reports, manage user information, send funds, issue refunds, handle chargebacks, and more.

  • Full records of all customer transactions on Stripe
  • Let Stripe net out earnings
  • Role-based access control

You can also send all your up-to-date marketplace data to your data warehouse with Stripe Data Pipeline.

Search

Settings Sandboxes

Home Payments Balances Customers Connect More

Connect

Create account

Overview Connected accounts Accounts to review

Gross volume

$12,382.22 $10,205.13 previous period

Last 6 months

Today March 12

Updated today 7:50 AM

Top grossing accounts All time data

Hair Flair Salon $1,902.00

Margie’s Chicago $1,801

Jenny’s Haircuts $1,801

Muse Salon $1,801

Updated today 7:50 AM

Tasks

Due June 1 Complete

Handle verification responses

US verification requirements

Resources

Risk review process

See how combining automation with manual review can help manage risk.

Learn more

Handle verification responses

Learn about the relationship between onboarding and verification.

Learn more

Taxes

Automatically generate, file, and deliver 1099 tax forms for your sellers, freelancers, or service providers.

Auto-generate 1099s and avoid hours of manual work. Stripe handles e-filing with the IRS and delivers copies to your sellers or service providers.

Stop manually merging identity and payment data from multiple sources. Stripe gives you a unified view of who you paid and how much.

Get help verifying relevant tax IDs to stay compliant, avoid mistakes and fines, and eliminate paperwork.

Miscellaneous Income Copy B for Recipient

PAYER’S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone no.

Payer’s Tin

Recipient’s Tin

Recipient’s name

Street address

City or town, state, country and ZIP

Account number

FATCA filling requirement

15a Section 409A deferrals

$

15b Section 409 Income

$

1 Rents

$

Form 1099-MISC

2 Royalties

$

3 Other income

$

4 Federal income tax withheld

$

5 Fishing boat proceeds

$

6 Health care payments

$

7 Nonemployee compensation

$

8 Substitute payments in lieu of dividends or interest

$

9 Payer made direct sales of $5,000 or more of consumer products to a buyer for resale

10 Crop insurance proceeds

$

11

$

12

$

13 Excess golden parachute payments

$

14 Gross proceeds paid to an attorney

$

Form 1099-MISC

Global scale and compliance

Running a multi-sided marketplace can often mean wrestling with card network rules, money transmission, KYC, tax reporting, and more. Stripe takes on your payments KYC obligations and automatically updates to meet the latest requirements —no changes required to your integration.

Quickly expand to anywhere Stripe operates without having to establish separate local subsidiaries. Marketplaces built with Connect get out-of-the-box access to the hundreds of global Stripe Payments features.

of companies on the a16z Marketplace 100 list use Stripe. Connect helps the largest and fastest growing marketplaces pay out users faster, accelerate global expansion, and simplify compliance.

Case studies

Lyft’s biggest request from drivers was the ability to get paid more frequently compared to traditional weekly payouts.

Lyft worked with Stripe to build Express Pay, providing drivers the ability to decide when they want to get paid out—typically within a few hours of a ride.

In 6 months, over 40% of all payouts on Lyft were done over Express Pay. Lyft was able to add value for drivers and attract more drivers to their marketplace.

Stripe Connect | Marketplace Payment Processing (1)

Kickstarter’s mission is to help bring creative projects to life by making it easy for entrepreneurs to accept funding from people in any country, currency, and payment method.

Kickstarter worked with Stripe to create local entities in new markets to match creators with backers.

Within months, Kickstarter was able to expand to creators in Hong Kong, Singapore, and Mexico. Today, Kickstarter accepts card payments from customers around the world and more than 80,000 projects have been successfully funded.

Stripe Connect | Marketplace Payment Processing (2)

Explore Connect

Build your payment business with speed and flexibility. If you use Stripe-hosted workflows, you’ll get access to:

Facilitate payments and pay out recipients around the world with Connect.

See how marketplaces are using other Stripe products to increase conversion, prevent fraud, issue credit cards, and more.

Usage-based and flexible based on the capabilities you need.

Stripe Connect | Marketplace Payment Processing (2024)
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