Generate a personalized integration guide by selecting the options that best apply to your business.
1. Select your business model
Your business model determines the appropriate flow of funds for your integration.
2. Select a monetization strategy
You can select one or more ways for your platform to charge connected accounts.
Charge a commission or fee for each payment.
Charge a SaaS subscription fee to connected accounts.
Setup
Based on your selections, the sections below provide a personalized setup.
Accept a payment
A direct charge is a customer payment made directly to a connected account. Customers directly transact with your connected account, often unaware of your platform’s existence.
This charge type is best suited for platforms providing software as a service. For example, Shopify provides tools for building online storefronts, and Thinkific enables educators to sell online courses.
Risk and compliance responsibilities
Your platform is liable for losses incurred by negative balances on your connected accounts. Your platform is responsible for reviewing new connected accounts during onboarding and determining the risk profile of your users.
Recommended for marketplaces that collect payments from buyers to payout sellers, or for advanced platforms that want full control over how risk and negative liabilities are managed on connected accounts:
Your platform must monitor connected accounts for ongoing risk of loss.
Your platform has to build flows to communicate and remediate connected accounts when you detect fraud or risk.
You have the engineering resources to establish processes for managing ongoing risk of loss and preventing fraud.
Before creating accounts with this setup, carefully consider and acknowledge your platform responsibilities for negative balance liabilities.
Connected accounts use hosted onboarding and manage their accounts from a hosted surface.
Stripe-hosted onboarding handles the collection of business and identity verification information from connected accounts, requiring minimal effort from the platform. A web form hosted by Stripe renders dynamically, based on the capabilities, country, and business type of each connected account.
