#toxa

1 messages · Page 1 of 1 (latest)

livid dustBOT
limber leaf
dense fern
#

Let me just describe my goal to make sure we are on the same page. I am using stripe as a payment menthod to allow users to make payments for services they purchased from us. However, now i want to allow users to set up a storefront to start selling their products. So my questions is if i can use stripe to let a buyer send funds to a seller then once the seller receives the funds, our platform can receive a confirmation from Stripe? Thank you

#

Could you help to share a relevant article if stripe supports what i am looking for. Thank you @limber leaf

limber leaf
#

Hi yes! Stripe Connect is for business models like marketplaces and software platforms that helps to route payments between businesses, customers, and recipients who need to get paid.

#

In the above link I shared, it provides the guide about setting up a connected account for your sellers where they can receive the funds after the customers make the payments.

dense fern
#

Do I need to set up each account from Stripe's dashboard manually or there is a way to connect users information from our system with Stripe to automatically create accounts for sellers?

#

@limber leaf BTW, thanks for a detailed reply

limber leaf
#

Connect requires technical integration to create the account for the seller, collect payment from the customer and transfer the funds to the seller. I'd recommend start with the guide https://stripe.com/docs/connect/explore-connect-guide for the integration steps. Generally, you should

  1. Choose a connected account type and create them accordingly: https://stripe.com/docs/connect/accounts
  2. Complete the onboarding of each connected account
  3. Identify the charge type to use for collecting payment from the customer: https://stripe.com/docs/connect/charges
  4. Transfer the funds to the connected account based on Step 4 as some charges will transfer automatically for you
dense fern
#

@limber leaf so to sum up, i achieve my goal with stripe but will need to set up accounts for each seller manually?

limber leaf
#

Yup, correct

dense fern
#

Thanks @limber leaf is there a way i can leave a positive review for you to show my appreciation?

limber leaf
#

Leaving positive review here will be fantastic 🙂

dense fern
#

@limber leaf was very informative and quick in providing on-point solutions to my inquiries. Saved me hours of searching. Thanks for your support. Hope there are more professionals like you representing Stripe and helping the community. Have a blessed one.

#

@limber leaf sorry last question,i can test these Stripe features in the testnet before deploying to my website right?

limber leaf
#

I'm not too sure about testnet. You can give it a try 😄

dense fern
#

Thanks!