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 want to sell everything in my store with the clear stated purpose of raising funds for a set of nonprofits which the customers may chose from.
Every item sold will generate a $5.00 donation which the customer clearly knows about as they must choose the organization. They may opt out if they don't wish to support the causes.
When they make the full payment, I want that $5.00 per item to move directly to the nonprofits account. I never want to have a dime of it in my account. The donation will be noted as coming from the buyer, not my store.
I noticed that Stripe makes mention only of plugin development for open source platforms like WordPress or Drupal. Am I out of luck and wasting my time trying to develop such a payment model for Shopify?
Hi Julien and 'PlaidEverything'!
I have recently developed a similar system for a client - 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
I found a way to do it by following this part of stripe connects documentation: https://stripe.com/docs/connect.
Specifically this portion of their API: https://stripe.com/docs/connect/enable-payment-acceptance-guide. It allows you to programmatically access customer bank accounts both in payments and taking payments.