Platform controls for Standard accountsBeta
Stripe Connect is used by thousands of platforms and marketplaces to facilitate payments and pay out recipients. Using Connect with Standard accounts is already the fastest way to enable your customers to accept payments directly, while relying on Stripe to manage onboarding, reporting, and loss liability. Now you can manage more features on behalf of your connected accounts with platform controls.
- Control payout timing
- Manage extension access
- Access consolidated reporting
- Co-brand your connected account experience
Prerequisites
To activate this setting, you must use Standard Connect with Connect Onboarding to onboard new connected accounts. If you use OAuth, and you cannot make the integration change at this time, please contact us to discuss alternative options.
These are the Standard Connect integration docs:
Only team members with administrator access to the platform Stripe account can request the beta.
Request access from the Connect settings page.
Request access under “Platform Controls”
After requesting access, you will receive a confirmation message at your Stripe email address. A member of the Stripe team will reach out to confirm your request and answer any questions.
Configuring platform controls
After a member of the Stripe team has enabled the beta functionality, visit your Connect settings page. You will see a new “Manage” button next to the Standard account type:
Manage your Standard connected accounts
Clicking on “Manage” should redirect you to the platform controls page:
Settings available as platform controls
Select the options that you would like to make for your connected accounts. These options will apply to all of your new connected accounts moving forward.
Control payout timing
As the platform, you will now be able to update your connected accounts’ payouts programmatically using the Stripe API or in the Stripe Dashboard.
Note: The API docs currently reflect that updating payouts is limited to Express and Custom accounts. This restriction does not apply to your platform as you are a participant in this beta.
You will also be able to initiate payouts on behalf of your connected accounts programmatically using the Stripe API or via the Dashboard. Within Connect Settings > Standard > Platform Controls, you can also decide whether connected accounts can manage their own payout schedules or if you would like to manage their payout schedule on their behalf. Connected accounts can still make manual payouts even when you, as the platform, decide to restrict connected accounts from updating their own payout schedule.
Note: If you need full control over your connected accounts’ payouts and would like to restrict your connected accounts from being able to make their own payouts, please contact us with a detailed description of your use case.
Manage Extension access
Standard connected users have always been able to authorize other third-party extensions or platforms to link to their account. This means that the data your platform creates (e.g., charges, customers, invoices, etc.) on these connected accounts could potentially be visible to extensions.
As the controlling platform, you’ll now be able to manage the third party extension access level that your users can authorize on their connected accounts. Use this control if you want to prevent your users from sharing data with extensions. The three levels of access include:
Read-write: Allow controlled Standard accounts to authorize read-only and read-write extensions. This is the highest level of access.
Read-only: Allow controlled Standard accounts to authorize read-only extensions.
No access: Prohibit controlled Standard accounts from authorizing any extensions at all. This is the most restrictive level. Stripe extensions can provide significant benefits for your connected accounts’ experience and choosing this setting could inhibit your connected account’s experience.
Access consolidated reporting
As part of the platform controls beta, you are now the controlling platform for your user’s connected accounts. You’ll be able to access reporting across all connected accounts using the built in-Dashboard reporting as well as within Stripe Sigma, a custom reporting solution that makes all of your data available as an interactive SQL environment in the Dashboard. To learn more:
Co-brand your connected account experience
As the platform, you’ll be able to manage your brand settings within the Connect Settings > Branding section. For all new users who onboard to your platform, the icon that you upload will be set as their Dashboard icon by default. Your users will be able to update their Dashboard icon by uploading a new icon in their own settings.
Additionally, after you activate the beta, all new accounts onboarding to your platform will see some changes in their Dashboard. To understand changes for connected accounts, please see this Support article.
To deactivate the beta feature, please use the Contact Us link within your Connect Settings page or reach out to Stripe support.