Software

Hosted recipient database

• Support for recipients—whether they are sellers or service providers, businesses or individuals—across 25 countries.
• Access to 100s of thousands of businesses and individuals already on Stripe, enabling rapid onboarding onto your platform.
• Staggered account creation—start charging on behalf of the recipient within minutes and collect additional information later on.
• Support for a fully customized UI through Stripe’s REST API—create the ideal user experience that meets your business goals and gives you full control over branding.
• Pre-built components for recipient onboarding, account management, verification, and notifications—save development time to get your platform up and running quickly.

Flexible funds routing and tracking tools

• Funds routing infrastructure to support any business model—one-to-many payments, many-to-many payments, holding funds, debiting connected accounts, and many more.
• Platform fees—specify your platform’s earnings for each transaction. Stripe handles netting out earnings, including handling refunds and chargebacks.
• Balance tracking—assign charges to recipients at or after the point of charging the customer and Connect automatically tracks the balances owed to each recipient.
• Scale your business internationally—without worrying about establishing local bank accounts and company entities for the purposes of paying your users.

Payouts engine

• Custom payout logic—specify how frequently you want users to get paid (daily, weekly, monthly or manually) and Connect aggregates earnings and settles funds.
• Support for payouts to 25 countries with more country coverage being added regularly.
• Payouts scheduler automatically handles local cutoff windows, retries as necessary, and provides notifications of failed transfers.
• Customizable bank statement descriptors for payouts provide more clarity to your users and help reduce your support contact rates.
• Ability to securely tokenize recipient bank account information.
• Instant payouts—allow users to receive earnings in their bank account near-instantly after the charge.
  • U.S.: Live.
  • AU, NZ, EU, HK, BR, SG: Coming soon
• Bank networks supported.
  • Australia: BECS
  • Canada: ACSS
  • Europe: SEPA
  • Nordics (SEK, NOK, DKK): BiR, Straksclearing
  • New Zealand: SBI
  • Singapore: RTGS, GIRO, FAST
  • Switzerland: CIS
  • US: ACH (TCH when available)
  • UK: FPS, CHAPS and BACS
  • Japan: Zengin

Risk management

• Funds reclamation—Stripe initiates debits to recover negative balances on your platform’s connected accounts.
• Ability to delay payouts—place a connected account on manual payouts to get fine-grained control on when they receive funds (e.g. after the services or goods are delivered).
• Loss liability—with Standard accounts, you avoid revenue uncertainty and fraud or credit risk liability by leaning on Stripe to cover losses.
• Underwriting—with Standard and Express accounts, Stripe’s highly-trained team of risk analysts underwrite connected accounts, and design systems to help protect your business from fraud.
• Cross-network visibility—benefit from Connect’s vast network of recipient and customer information—a fraudulent connected account or compromised credit card, once detected, can be tracked and disabled across all platforms.
• Merchant modeling—Stripe’s state-of-the-art merchant modeling technology helps further reduce your platform’s exposure to fraudulent connected accounts.

Integrated tax and payments compliance

• Dynamic risk-based KYC/AML checks for all recipients.
• API-based OFAC and sanctions screening.
• IRS tax threshold tracking and 1099 support.
• Card industry blacklist filtering.
• Licensed U.S. money transmitter and authorized as an Electronic Money Institution in the UK and passported throughout the EEA.

Stripe dashboard

• Operations tooling—the dashboard provides your finance, support, and operations teams the ability to view every stage of your connected accounts’ lifecycle, troubleshoot status of transfers and payouts, and perform common actions such as updating connected accounts, issuing refunds, handling chargebacks.
• Role-based access control—set up the right data access controls with granular roles such as Administrator, Developer, Analyst, Support specialist, and View-only users.
• Dashboard access for connected accounts—when using Standard accounts, sophisticated sellers can take advantage of all the capabilities offered by the Stripe dashboard, including powerful reporting, querying, payments management. When using Express accounts, your users can track their payouts, modify their bank account and personal information, saving you the effort to build these components on your own and reducing support contact rates.

Payments capabilities

• Supported by Stripe’s core payments toolkit, which includes products and payment methods to improve customer experience, increase conversions, and achieve PCI compliance.
• Payment processing capabilities across 25 countries with the ability to accept payments in 135+ currencies.
• Libraries across desktop, web, iOS, and Android in every language and world-class documentation.
• Access to our Works with Stripe platform, which includes pre-built tools and products to help your business with things like taxes, billing, accounting, security and more.
• Access to Radar—a suite of fraud protection tools that give machine-learning based judgments on every charge, with workflows for further customization.◊
• Utilize Subscriptions on behalf of connected accounts to set up recurring payments and take a platform fee in the process.