I have an e-commerce store that rents products for a monthly fee (subscription). These products are owned by vendors (similar to a marketplace), and these vendors receive a share of the monthly fee. Are there any precedent cases/documents that help with integrating Stripe Connect onto Shopify to pay our vendors whenever a product is rented (or a monthly fee is deduced from our renters credit card)?
PS: Vendors do not have individual pages on our platform: we host all their products (similar to a normal e-commerce store), and we want to pay them out immediately without receiving the funds on our bank account first.
I have recently developed a custom integration for Stripe Connect with Shopify for another merchant - it has two parts:
- A Payment gateway to accept payments through Stripe Connect;
- A system to help and distribute part of the values involved in an order - with different connected "Stripe connect" accounts;
Both were made to help my client to comply with this https://stripe.com/ie/connect/eu-guide If you're interested in a similar solution - please let me know here and/or book a call with me at: https://calendly.com/joao-dkh