user3446467
user3446467

Reputation: 95

Stripe payment splitting api

i need bit clarification and guidance from exports about splitting stripe payment between multiple sellers.

I am building e-commerce systen and integrated stripe as a payment method for customers and it is working fine. Now I don't want to pay to manually to my sellers registered on my platform. I want to split the payment between several accounts if possible.

Lets say my platform is charging 10% as commission to the sellers and the customer is buying to different items from 2 different seller that worth $1000 than I want to split the payment as follow internally

me $100 seller 1:$450 seller 2:$450

Any help or guidance will be appreciated thanks

Upvotes: 1

Views: 1976

Answers (1)

Lav Vishwakarma
Lav Vishwakarma

Reputation: 1426

Stripe as such does not provide the splitting mechanism. But using Stripe Connect you can do it.

  • In Stripe connect there is one main account called platform account and can have multiple secondary accounts connected to it. So in your case, your seller will connect with your platform account.
  • Now for every charge you can split the amount among the seller and platform using application_fee parameter in charge object.

But this method has one problem also

  • If the customer is purchasing from multiple sellers than you have to charge the customer many times(as no. of the seller). So in case of multiple items from different sellers I have used transfer API to transfer the amount to seller instead of multiple charging to customer

In my system, I also face the same problem and after a lot of research, I found this way working for me.

Upvotes: 3

Related Questions