Stripe for Marketplaces | Power Payments for Marketplaces (2024)

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Automate revenue and finance on Stripe
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Marketplace solution

Stripe brings together everything you need to onboard service providers, manage payments, send payouts, and more. Companies such as DoorDash, Booking.com and Instacart use Stripe’s suite of products to increase retention and scale their operations globally.

Driver profile

Background check

Vehicle details

Orientation

Create account

Email address

Password

Personal information

First name

Middle name

I do not have a middle name

Last name

Phone number

Date of birth

Zip code

Continue

Earnings

Current week

£941.22

Pay out

October

Current week

£941.22

18 Oct – 24 Oct

£800.32

11 Oct – 17 Oct

£632.74

4 Oct – 10 Oct

£812.33

September

28 Sept – 3 Oct

£722.53

21 Sep – 27 Sep

£684.32

20 Sep – 26 Sep

£814.75

11 Sep – 19 Sep

£795.44

Dash

Account

Schedule

Ratings

Earnings

How it works

Onboard drivers, sellers, or other vendors for payments and payouts with just a few questions, and instantly link their bank accounts for payouts. Stripe Connect helps collect and verify information to meet payments KYC and compliance requirements.

Launch a conversion optimised checkout flow from day 1. Stripe supports 135+ currencies and dozens of global payment methods. Fraud prevention is also built into Stripe – our machine learning models are trained daily on data from millions of global businesses to protect your marketplace.

Customise payout schedules or provide the option to receive payouts on a rolling basis. You can also offer instant payouts, allowing service providers to deposit earnings to their bank account in minutes.

Stripe

1430 2nd Ave

Lyft 4

£8.32 13:37

Personal

Select Lyft

Rider

£8.32

Lyft

£1.00

Driver

£7.32

Manage your marketplace

Stripe can replace multiple systems typically used to manage payments, payouts, and service providers. Give your finance, operations, and support teams the tools they need to control funds, handle refunds, manage expenses and more.

Split transactions to pay out multiple recipients from a single payment. Marketplaces in the US can also top up their account balance to add bonuses or send one-off payouts.

Easily handle refunds and disputes via the Stripe Dashboard or API. Responding quickly to customers and effectively submitting evidence can help you keep losses at a minimum.

Generate and distribute physical or virtual spend cards with custom controls that can be configured to specific purchase locations, dollar amounts, and use limits.

Use the Stripe Dashboard to create, manage, and update provider accounts. In the US, Stripe also provides gross earnings tracking and generates 1099s.

Differentiate your marketplace

Stripe’s products work together and make it easy to expand your offerings with minimal engineering investment. Give service providers access to Stripe’s entire suite of features. You can help them manage cash flow with instant payouts and flexible financing or support subscription plans and loyalty programs in your marketplace.

Stripe for Marketplaces | Power Payments for Marketplaces (1)

Micaela Ballew

Stripe for Marketplaces | Power Payments for Marketplaces (2)

Showflix

Pay Showflix

£48.00

Then £20.00 per month

Showflix gift card by email

£40.00

Qty 2

£20.00 each

Showflix premium subscription

£20.00

Qty 1, Billed monthly

Subtotal

£60.00

SAVE20

20% off

-£12.00

Total due

£48.00

Powered by Terms Privacy

Or pay a different way

Email

Payment methods

Card

Clearpay

Card information

1234 1234 1234 1234

MM / YY

CVC

Pay £48.00

Deposits

£280.81

Pending balance: £341.42

Instant payout

Recent deposits

£432.33 (19 transactions)

Deposited on 12/03/2019

£487.32 (21 transactions)

Deposited on 09/03/2019

£290.79 (17 transactions)

Deposited on 03/02/2019

£345.12 (19 transactions)

Deposited on 29/01/2019

£422.11 (11 transactions)

Deposited on 27/01/2019

Search...

Feedback?

Loan details

Make payment

View contract

Pay period (1 June – 31 July)

£860.40 / £6,390.73

Total payments

£6,390.73 / £16,500.00

Repayment rate

3% per transaction

60-day minimum payment

£1,833.34

Loan amount

£15,000.00

Loan fee

£1,500.00

Starting balance

£10,249.94

Ending balance

£9,599.21

15 Feb 2021 – 9 Jul 2021

Amount

Description

Created

£3.31

Automatic payment

8/7/21, 4:54 AM

£29.44

Automatic payment

8/7/21, 3:10 AM

£3.31

Automatic payment

8/7/21, 1:24 AM

£1.84

Automatic payment

7/7/21, 11:37 PM

£16.55

Automatic payment

7/7/21, 4:08 PM

£3.68

Automatic payment

7/7/21, 8:27 AM

£3.68

Automatic payment

7/7/21, 6:12 AM

£3.68

Automatic payment

7/7/21, 6:10 AM

In this brief demo video, see Stripe’s out-of-the-box infrastructure for building and scaling a multisided marketplace that can accept payments, make payouts instantly, and onboard sellers globally.

Scale globally

Let Stripe manage the complexity of compliance, licensing, and card network rules so you can easily onboard and pay out service providers in 35+ countries without needing to establish local entities.

Payment and payout regulations are constantly changing and vary by country. That’s why Stripe helps with PCI compliance, KYC checks, and lets marketplaces leverage our money transmission licences around the world.

Lugg

支付由 STRIPE 支持

从 Lugg 收款

国家

中国香港特别行政区

手机号码

USA

+1

(555) 555-5555

邮箱

you@example.com

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

Case studies

GitHub is a code management platform that sought a partner to help them launch a donations programme to support open-source developers.

GitHub Sponsors allows the developer community to financially support the people around the world who design, build, and maintain the open-source projects they depend on, directly on GitHub.

GitHub used Stripe to onboard developers in 34 countries to accept donations. In two months, Stripe helped Github reduce a manual 9-step, week-long process to a fully localised, 2-minute onboarding experience. They also expanded support to more countries and currencies without additional work.

Read the full story.

Stripe makes it possible for us to build new products like GitHub Sponsors that would be nearly unthinkable without them.

SkipTheDishes, Canada’s leading food delivery service, wanted to maximise revenue while keeping fraud at a minimum.

SkipTheDishes wanted to reduce fraud while providing customers with a smooth checkout experience. They were looking to modernise their technology stack within an ambitious go-live timeline and wanted to eliminate system downtimes with a new payments partner.

In just three months, SkipTheDishes successfully moved all of their volume to Stripe. With the transition, they saw a 6% uplift in payment processing approval rates. They’ve also been able to significantly decrease fraud rates and have reduced chargeback costs by over 30%.

Read the full story.

Since moving over to Stripe, our payment processing approval rates have picked up by 6% in a very short period of time, which is a huge win onimproving our conversion rates with customers and our reputation with issuers.

Instacart delivers groceries from local stores directly to customers. They needed a partner to help them manage their flow of funds efficiently.

Instacart offers a multi-sided marketplace and has complex payment needs. Since they accept payments directly from consumers and manage payouts for both grocery stores, shoppers, and delivery partners, they needed a way to streamline payments and payouts across multiple parties.

With Stripe, Instacart was able to build a high-conversion checkout flow for consumers, and create a compliant onboarding experience for both grocery stores and shoppers. To help attract more shoppers to their platform, they also launched Instant Cashout in partnership with Stripe, a feature that enables shoppers to cash out earnings immediately.

Read the full story.

Instant Cashout

£150.00

Tips are paid with your weekly deposit

Available amount

£150.00

Transaction fee

50p

Transfer amount

£149.50

0033 Edit

Transfers typically take only a few minutes but it may take up to 24 hours depending on your bank.

Confirm cashout

Catawiki is a fast growing online auction platform. They needed a partner to help keep them compliant with constantly changing global regulations.

As Catawiki entered new markets, they were challenged with new regulations, and a myriad KYC and onboarding requirement – and an overstretched engineering team.

Partnering with Stripe allowed Catawiki’s developers to increase their engineering efficiency and global scale while minimising the time they needed to spend on code to comply with local regulations.

Stripe for Marketplaces | Power Payments for Marketplaces (3)

Professional services

Our experts guide you through setting up global marketplace infrastructure that facilitates seamless multi-party payments and helps simplify compliance requirements

Explore Stripe Connect, or create an account instantly and start accepting payments. You can also contact us to design a custom package for your business

Support 135+ currencies and dozens of local payment methods with a single integration.

Automate your global payout operations while staying compliant.

Get in touch Start now
Stripe for Marketplaces | Power Payments for Marketplaces (2024)

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