Knowledgebase: Multi-Vendor Edition
Stripe Payments
Posted by Nick Costa on 12 May 2018 09:47 PM

Stripe Connect is integrated via "Standard Account Onboarding". Vendors are able to connect existing accounts to the mall's Stripe Connect account through Stripe or are prompted to create an account at Stripe, if they don't have an account yet.

Payments are only transfered to vendors, after the paid amount becomes available for the mall.

ACH payments are integrated via Stripe.js with delayed-verification using microdeposits.

By default, Stripe automatically creates payouts of your available account balance based on the schedule specified in the Dashboard. The schedule used is dependent on your country and whether your business operates in a higher-risk industry.

If you would prefer to receive payouts on a fixed schedule, you can choose to have them sent either weekly or monthly in your account’s payout settings.

You can read more about this here:
https://stripe.com/docs/payouts


Join us on twitter to receive all our latest news
https://twitter.com/ixxocart


(1 vote(s))
Helpful
Not helpful