Power payments for your marketplace
Whether you run an on-demand, retail, or crowdfunding marketplace, Connect can help you onboard, verify, and pay out your freelancers, sellers, or other recipients at scale.
Onboard users instantly
Allow users to easily sign up and quickly get paid. Take advantage of prebuilt UIs to launch faster and maximise conversion.
Customise the experience
Tailor onboarding options, set payout timing, collect fees and add your own branding to the user experience.
Simplify compliance
Take advantage of Stripe’s worldwide licenses. Reduce your regulatory and compliance overhead by shifting payments compliance to Stripe.
Pay out globally
Send funds to users in 118+ countries—no need to establish local entities or banking partnerships.
Onboarding
Automated onboarding and verification
Every marketplace needs to handle the complexities that come with onboarding, including evolving compliance requirements that can vary by business model, transaction type, and country. Connect provides the highest converting onboarding flows, built from Stripe’s learnings from optimizing onboarding experiences for thousands of marketplaces.
Increased conversion
Use conversion-optimised, pre-built UIs or build your own flows with flexible APIs.
Streamlined requirements
In some countries, all you need is a name and bank account to get started.
Rapid verification
Unlock accelerated onboarding for millions of businesses and individuals that already use Stripe.
Preventative screening
Stripe carries out risk-based screening against lists of high-risk merchants.
Payouts
Smart payout engine
Managing payouts comes with significant operational overhead, from uploading spreadsheets and mailing checks to juggling multiple payout providers. Connect offers a powerful global routing and payout engine that makes it easy to send money to users quickly, securely, and without any manual reconciliation work.
We were wasting countless hours manually tracking our payouts to sellers with ACH. When we switched to Connect, we were able to automate our payout process while rapidly scaling our business. It’s saved us a tonne of engineering work and tracking has been significantly easier.
Reporting and analytics
Manage your marketplace
The Stripe Dashboard provides a unified hub that lets your finance, operations, and support teams work together to manage payouts for large numbers of users. View reports, manage user information, send funds, issue refunds, handle chargebacks, and more.
- Full records of all customer transactions on Stripe
- Let Stripe net out earnings
- Role-based access control
Global scale and compliance
Accelerate international expansion
Reduce compliance risk
Running a multi-sided marketplace can often mean wrestling with card network rules, money transmission, KYC, tax reporting, and more. Stripe takes on your payments KYC obligations and automatically updates to meet the latest requirements – no changes required to your integration.
Go live around the world faster
Quickly expand to anywhere Stripe operates without having to establish separate local subsidiaries. Marketplaces built with Connect get out-of-the-box access to the hundreds of global Stripe Payments features.
The world’s leading marketplaces are using Connect
75%+
of companies on the a16z Marketplace 100 list use Stripe. Connect helps the largest and fastest growing marketplaces pay out users faster, accelerate global expansion, and simplify compliance.
Case studies
Lyft uses Connect to pay drivers faster
Lyft’s biggest request from drivers was the ability to get paid more frequently compared to traditional weekly payouts.
Solution
Lyft worked with Stripe to build Express Pay, providing drivers the ability to decide when they want to get paid out – typically within a few hours of a ride.
Impact
In 6 months, over 40% of all payouts on Lyft were done over Express Pay. Lyft was able to add value for drivers and attract more drivers to its marketplace.
Products
Kickstarter uses Connect to expand globally
Kickstarter’s mission is to help bring creative projects to life by making it easy for entrepreneurs to accept funding from people in any country, currency and payment method.
Solution
Kickstarter worked with Stripe to create local entities in new markets to match creators with backers.
Impact
Within months, Kickstarter was able to expand to creators in Hong Kong, Singapore, and Mexico. Today, Kickstarter accepts card payments from customers around the world and more than 80,000 projects have been successfully funded.
Products
Explore Connect
Learn how to use Connect to power payments for your marketplace
Build your payment business with speed and flexibility. If you use Stripe-hosted workflows, you’ll get access to:
Solutions for marketplaces
See how marketplaces are using other Stripe products to increase conversion, prevent fraud, issue credit cards, and more.
Pricing for any business model
Usage-based and flexible based on the capabilities you need.