Stripe Connect Marketplace
How to set up a Marketplace Platform within your application.
Skill Level: Intermediate
- Ensure you have created a Stripe account, added your business information and bank account information, and completed any required verification.
With Adalo, you can create a marketplace where a Merchant can post their Physical products or services for sale, and consumers can purchase them.
With Marketplace Payments, you can ensure that when a consumer makes a purchase, the transaction amount is deposited direction (and automatically) into the Merchant's Stripe account, so that they receive their funds immediately and you don't have to deal with the headache of managing Merchant payouts.
Optionally, you can choose to charge a platform fee on any transaction that will be deducted from the total transaction amount and deposited into your Stripe Account before the remaining amount of the transaction is transferred to the Merchant's account.
There are three steps to setting up Merchant Payments in your App:
- 1.Set up your Stripe Account for Connect
- 2.Allow Merchants to Connect their Stripe Account to your app
- 3.Configure Stripe Connect Component
- 4.Configure Stripe Marketplace Payment Component
Last modified 9mo ago