Stripe Connect
Product · API / developer platform by Stripe
Stripe Connect is the industry-standard integration for platforms and marketplaces to embed payments, onboarding, and global payouts. It allows businesses to monetize transactions and offer financial services like cards and lending with built-in compliance and risk management.
Category: Payments
- Platforms
- Web, iOS, Android, Stripe CLI
- Platforms using Connect
- 16,000+
- Payout Countries
- 160+
- Supported Currencies
- 135+
- Embedded Components
- 40+
- Payment Methods
- 125+
- Used by 16,000+ platforms globally
- Support for 135+ currencies and 40+ payment methods
- Global payouts to 160+ countries
- 40+ prebuilt embedded components for fast integration
Overview
Stripe Connect is a financial infrastructure product designed for software platforms and marketplaces to embed payments and financial services directly into their products. It enables businesses to onboard users, manage complex multi-party fund flows, and facilitate global payouts to over 160 countries. The platform handles the operational complexity of regulatory compliance, identity verification (KYC), and risk management, allowing developers to build fintech experiences in weeks rather than quarters. Connect is used by over 16,000 platforms, ranging from vertical SaaS providers like Jobber and Mindbody to global marketplaces like Substack and Lightspeed. It offers a suite of 40+ prebuilt embedded components and APIs to support diverse business models, including subscriptions, in-person payments, and business financing.
Platform Infrastructure
- 40+ Embedded Components: Embed payments and financial services into software platforms using a suite of 40+ prebuilt UI components.
- Automated Onboarding: Handle identity verification, KYC, and compliance checks automatically using prebuilt merchant onboarding flows.
- Multiparty Fund Flows: Manage complex multi-party fund flows including splits, fees, and automated payouts to connected accounts.
- Express Dashboard: Launch a customizable, branded experience for merchants using the Express Dashboard or build a custom one from scratch.
Embedded Finance Services
- Global Payouts: Send money to recipients in over 160 countries with support for local currencies and stablecoins.
- Capital for Platforms: Offer fast and flexible financing to businesses on the platform with Stripe handling underwriting and credit risk.
- Treasury for Platforms: Embed FDIC-insured bank accounts into the product so businesses can store funds, move money, and spend with cards.
- Issuing for Platforms: Launch a card program for businesses or customers with support across 75+ markets.
Operations and Monetization
- Revenue Monetization: Monetize platform transactions by earning from transaction fees, card interchange, and financing fees.
- Terminal Integration: Accept in-person payments using Stripe-designed hardware or third-party devices with unified reporting.
- Stripe Tax Integration: Simplify tax compliance for users with automated tax calculation in 40+ countries and all US states.
Use cases
- SaaS platforms embed payments to differentiate their software and increase customer retention among their merchant base.
- Marketplaces manage complex fund splits between buyers, sellers, and the platform while handling global regulatory requirements.
- Vertical software providers offer embedded financial accounts and spend cards to help their users manage business finances.
- Platforms monetize their user base by earning revenue from transaction fees, card interchange, and financing fees.
Specifications
- APIs and SDKs
- REST API, SDKs for Ruby, Python, PHP, Java, Node.js, Go, and.NET
- Platforms
- Web, iOS, Android, Stripe CLI
- Deployment
- Cloud-based financial infrastructure available in 50+ countries
- Integrations
- Snowflake, Databricks, BigQuery, Redshift, Xero, Apple Pay, Google Pay, Klarna
- Languages
- Support for 34 languages in checkout and localized portal experiences
- Platforms using Connect
- 16,000+
- Payout Countries
- 160+
- Supported Currencies
- 135+
- Embedded Components
- 40+
- Payment Methods
- 125+
- Historical Uptime
- 99.999%
- Markets for Issuing
- 75+
- Countries for Tax Automation
- 40+
How it works
- Integrate Infrastructure: Developers use Stripe's APIs and 40+ embedded components to integrate payments and financial services into their software.
- Onboard Merchants: Platforms use prebuilt flows to handle identity verification (KYC/KYB) and compliance for their merchants.
- Manage Fund Flows: The platform facilitates transactions, manages fund splits, and routes payments between multiple parties.
- Execute Payouts and Monetize: Funds are sent to merchants globally in local currencies or stablecoins, with the platform earning fees on transactions.
FAQ
What payment methods does Stripe Connect support?
Connect supports 135+ currencies and 40+ global payment methods, including Link, Apple Pay, ACH, and SEPA Direct Debit.
How many platforms use Stripe Connect?
Stripe Connect is used by over 16,000 platforms to power millions of merchants globally.
How does Connect handle merchant onboarding and compliance?
Stripe provides prebuilt merchant onboarding flows that handle identity verification, KYC, and compliance checks automatically.
How can platforms generate revenue with Connect?
Platforms can monetize transactions through transaction fees, card interchange, and financing fees while offering embedded financial services.
Added by AntSpace from public sources (stripe.com).