Company Overview
Stripe is a US technology company operating in over 25 countries that allows both private individuals and businesses to accept payments over the Internet. We are a developer-oriented commerce company helping small and large companies accept web and mobile payments.
Stripe is a global technology company that builds economic infrastructure for the internet. Businesses of every size from new startups to public companies like Salesforce and Facebook use the company’s software to accept online payments and run complex global operations.
Stripe combines economic infrastructure with a set of applications for new business models like crowdfunding and marketplaces, fraud prevention, analytics, and more. We navigate global regulatory uncertainty and partner closely with internet leaders like Apple, Google, Alipay, Tencent, Facebook, Twitter to launch new capabilities.
Stripe wants to help more companies get started and thrive and ultimately to grow the GDP of the internet.
Benefits Offered to Arcadier Customers
Stripe does not offer any special rates for Arcadier users. However if you are doing big volumes, you can contact Stripe Sales Team directly for a special volume pricing.
Solution Offering
- Digital payment
- Payment gateway
- Split payments
Stripe Connect is fully-integrated and is immediate available to you upon registration of your Arcadier user account. You would however be required to register for a Stripe Account separately on Stripe.com.
- Register for a Stripe Account on Stripe.com (if you don’t have one)
- Immediately receive a Stripe Account ID
- Go to your Arcadier Marketplace Admin Portal
- Select Stripe Payments and follow the instructions to connect your Stripe Account to your marketplace
- If you need help, please refer to the Arcadier Help Centre on Stripe Payment Set-up
Stripe has many different payment products including Stripe Connect, Stripe Elements, Stripe Subscriptions and Stripe Checkout. Amongst its products, Stripe Connect was specially designed for Marketplaces, which allows an automated way for Marketplace Administrators be able to take a percentage commission out of each transaction before it goes to the merchant on their marketplace.
For Stripe Connect to be able to automatically split the commission paid to you and the remaining amount to the merchants, would mean that the merchants would have to also register for their own Stripe Account on Stripe.com.
After which, they would able to link their Stripe Account to your marketplace on the Arcadier Merchant Portal for your marketplace.
No, buyers do not need a Stripe Account. They will only need their credit card or debit cards to pay like on any ecommerce website.
Stripe is continually growing to new markets. Please refer to Stripe's website for the list of markets they are available in: https://stripe.com/global.
If you market is listed and not termed "Preview" or "Beta", that would mean you can use Stripe Connect on Arcadier Marketplaces.
Stripe payment fees differ from country to country. Do check your local Stripe.com webpages to see the fees that are applicable to you.
To learn more about Arcadier Custom Payment Feature, click here.
You may utilise any of Stripe payments products on your marketplace. However, you will have to engage an Arcadier Expert Partner or your own developer to do so using the "Custom Payment Feature" in your payment page. Do remember to turn off the default Stripe Connect integration because you do so to avoid confusion.
To learn more about Arcadier Custom Payment Feature, click here.
That would be possible if you as the Marketplace Administrator would like to be the "Merchant-on-Record", where all the funds go to you as the Administrator and for you to make manual payments to your merchants. To do that, you would be required to use the Stripe Checkout product which is not pre-integrated with Arcadier. You will need to engage an Arcadier Expert Partner to utilise Arcadier's Custom Payment feature to integrate into Stripe Checkout.
Please do note that if you like to have all the payments flow to you as the Marketplace Administrator, you will need to do manual payouts to your merchant's bank account yourself thereafter.
To learn more about Arcadier Custom Payment Feature, click here.
Have a look at our Github for Sample Integration: https://github.com/Arcadier/Sample-Generic-Payments
