You can use Stripe Connect to allow to save credit cards of users on the main platform account. Allows to sign up stripe business accounts directly on the business page from the editor. Splits commissions automatically with the business based on fixed rate and/or percentage.
All you need to do is purchase the Stripe Connect extension in our marketplace and do some fast configurations in your Editor.
This is the account that saves the cards info.
- Go to the Admin Area>Integration section.
2. Paste the keys of the Stripe Account, if you want to test then put the sandbox keys.
3. Paste the connect keys
Be sure that the Stripe and Stripe Connect both are in Live or Sandbox.
Now you need to proceed to set the Stripe Account of the Store.
- Go to the store you want to add the Stripe Connect payment and Click on the Payment Methods, activate and click on more in the Stripe Direct payment, then just Click on the Connect With Stripe Button
After successfully connect your business account you can configure the fees in this fields:
This is the fee that go to the master account in each purchase.
And that's all, now you have your Stripe Connect ready to work.
Frequently Asked Questions about the Stripe Connect Integration
- What kind of account type integration was used?
Response: There are a variety of ways to integrate Connect. Depending on who’s getting paid out, the way Ordering is integrated with stripe connect is with the Standard way. For platforms supporting independent businesses who benefit from having a full Stripe account, such as an e-commerce platform. Standard lets you connect your platform to new or existing Stripe accounts, using Stripe’s dashboard and onboarding flows. It’s the best option if your sellers need the power and flexibility provided by the full Stripe dashboard. Such sellers are typically individuals or businesses who are savvy with online commerce. More information on https://stripe.com/connect/account-types and https://stripe.com/docs/connect/standard-accounts
- What are the benefits of the standard accounts integration?
- With this kind of flow the stripe connect integration works in +25 countries.
- With this integration each business is responsible of their stripe account, and stripe takes all the hustle to validate each business account.
- If there are any refunds or disputes, each business is responsible to submit evidence to stripe.
- Your stripe account as a platform can save all the credit cards from all the customers, it doesn't matter to which business they will order, they will be able to access their saved credit cards and proceed with the purchase.
- Based on any setup that you do on the stripe connect settings for your business https://d.pr/i/dBaqLQ you will receive automatically your application fees like this https://d.pr/i/O7tswS
If you have any additional questions, please contact us, we will be very happy to help.
Glad we can help
Have a nice day!
Regards, Pol Zepeda