Which Connect account type should I use?

Express for most marketplaces — Stripe handles onboarding and identity verification. Custom for full control over the user experience. Standard for platforms with established sellers.

How do I handle refunds on a marketplace?

We implement refund logic that reverses the split: refunding the buyer, clawing back from the seller, and adjusting platform fees based on your refund policy.

Can sellers receive instant payouts?

Yes. Stripe Connect supports Instant Payouts to connected accounts for an additional fee, delivering funds in minutes.

Build Marketplace Payments With Stripe Connect

Bookuvai integrates Stripe Connect for multi-party payments, seller onboarding, automated payouts, and platform fee collection.

API: Stripe Connect API (Payments)

Stripe Connect enables platforms and marketplaces to accept payments and distribute funds to multiple parties. Bookuvai builds Stripe Connect integrations with seller onboarding, identity verification, split payments, automated payouts, and 1099 tax reporting.

Integration Capabilities

Seller Onboarding: Build Connect onboarding flows with identity verification, bank account linking, and KYC compliance.
Split Payments: Implement payment splitting between platform and sellers with configurable fee structures.
Automated Payouts: Configure automatic payout schedules to connected accounts with multi-currency support.
Tax Reporting: Generate 1099 tax forms and handle tax withholding for US-based connected accounts.

Use Cases

Service Marketplace: Connect buyers with service providers, collect payments, deduct platform fees, and pay out providers.
E-commerce Marketplace: Multi-vendor marketplace with per-seller payment processing, refund handling, and settlement.
SaaS Platform Billing: Allow SaaS platform users to charge their own customers through your platform with revenue sharing.
Gig Economy Platform: Real-time payouts to workers after task completion with instant transfer capability.

Implementation Approach

Connect Setup: Configure Stripe Connect account type (Standard, Express, or Custom) based on your platform requirements.
Onboarding Flow: Build seller registration, identity verification, and bank account setup with Connect Onboarding or custom flows.
Payment & Payout Logic: Implement payment intents with Connect, configure split payments, and set up automated payout schedules.
Compliance & Launch: Handle tax reporting, dispute resolution for connected accounts, and deploy with monitoring.

Cost Estimate

Simple: 30-50 hrs | Moderate: 50-100 hrs | Complex: 100-200 hrs

Frequently Asked Questions

Which Connect account type should I use?: Express for most marketplaces — Stripe handles onboarding and identity verification. Custom for full control over the user experience. Standard for platforms with established sellers.
How do I handle refunds on a marketplace?: We implement refund logic that reverses the split: refunding the buyer, clawing back from the seller, and adjusting platform fees based on your refund policy.
Can sellers receive instant payouts?: Yes. Stripe Connect supports Instant Payouts to connected accounts for an additional fee, delivering funds in minutes.