Stripe: Marketplaces

Here&#x27;s my question on this: is it better to have your marketplace collect all the payments and then ACH out funds to sellers? OR is it better to have each seller create their own Stripe account via Stripe connect and have the payments go directly to their Stripe account?<p>I ask because I&#x27;ve done both in different projects and I&#x27;m still not convinced which is better. Having all the payments come into your account means you&#x27;ll definitely be dealing with more Fraud. Plus the accounting is more of a PITA in my opinion. But the user-experience is smoother and you can allow for purchases from multiple sellers (on a site like Etsy).

I really wish a payment processor other than Amazon could offer a separate microtransaction rate[0]. For anything under $10, Amazon reduces their regular rate of 2.9% + $.30 to 5% + $.05.<p>[0] <a href="https://payments.amazon.com/help/Checkout-by-Amazon/Creating-Managing-Your-Account/Amazon-Payments-Fees" rel="nofollow">https:&#x2F;&#x2F;payments.amazon.com&#x2F;help&#x2F;Checkout-by-Amazon&#x2F;Creating...</a>

Is this new? Anyone know if Stripe supports transactional escrow yet? E.g. when a credit card charge clears, are those funds available immediately in my account balance, for payout or withdrawal? Balanced does this and it&#x27;s one of the most valuable features IMO.

Stripe was always going to release this. Balanced however, has more advanced tools to deal with marketplaces (i.e: you need to write less code to power a marketplace on Balanced than Stripe).<p>This is not a big deal though, the battle will end up being who can scale globally faster.

Spent 15 minutes playing with the background on this page: you can push circles around by moving your mouse nearby, if you push circles apart connections break, if you push them together they forge new connections. Rather fun little piece of interactivity.

Interesting move by Stripe, given that WePay (YC S09) decided to focus on the marketplace market. <a href="http://blog.wepay.com/post/73503019884/wepay-in-2014" rel="nofollow">http:&#x2F;&#x2F;blog.wepay.com&#x2F;post&#x2F;73503019884&#x2F;wepay-in-2014</a>

Stripe needs to incorporate being able to remove bank accounts from their recipients. Right now if a recipient wants to change their bank account, all their past transfers get erased.

I don&#x27;t see any new features being launched here, but it&#x27;s a nice landing page that sets out the value proposition and use cases for marketplaces more clearly. Yet again making me wish that the Transfers API was available in Europe!

Any timeline on when we can use the transfers API to send to bank accounts outside the US?

I love Stripe, I love the continuous improvements, but since Stripe also accepts different currencies, I&#x27;m still waiting for a way to localize all that standard stuff Stripe comes with, e. g. &quot;Stripe checkout&quot;. Can&#x27;t use it, since labels are not in German and not all of my users speak English and not all labels can be customized&#x2F;translated yet.

Spent a bit of time playing with the background.....a lot of time

Have any of you had experience with user Credit accounts - in the fashion of Fanduel.com. In this system, users use Credit&#x2F;Debit cards or Paypal to pre-fill up their accounts. They can then use this money to make purchases&#x2F;bets on the website.<p>Are there any drawbacks to using this system? It seems like a much simpler model than Stripe if it could be implemented to a marketplace, especially in cases of fraud. Transactions could be held in escrow until they were sufficiently completed.<p>Similarly, wouldn&#x27;t this help avoid transaction fees? Maybe Fanduel is saying all account credits are essentially payments and then they allocate the money to its correct place on the site as credit? So the website is still using Paypal&#x2F;Stripe, for all payments.<p>Forgive my ignorance about this stuff.

I wonder if I could do the following... Any help would be appreciated.<p>Here&#x27;s the scenario: a seller is selling something expensive. Some buyers may prefer purchasing by credit card (simple) but others may prefer to wire money to the seller. To guarantee the transaction, we would take an authorization on a credit card for, let&#x27;s say 10 days and if the buyer transfers the amount during that time, we remove the hold on the credit card. If he hasn&#x27;t transferred the money after the elapsed time, then we would charge the card.<p>Would Stripe or Balanced support such a scenario and if so, what would be the fees? Is there any impact of having a lot of CC holds that don&#x27;t go through?

Interesting idea. As a middle man you don&#x27;t have to handle the money.<p>One thing though...I hate the website. I had no idea I needed to scroll down. I know its web 3.0ish but it&#x27;s stupid.

We are in the process of launching a service that would utilize a marketplace feature and currently looking into options available. I am wondering how is Stripe Marketplace different compared to Balanced marketplace with the escrow feature. I believe the escrow functionality is pretty much the same with what Stripe has to offer as &quot;Dashboard?

Not really impressed, why would you want to put your marketplace at the whims of Stripe or credit card companies?<p>I am currently working on a bitcoin marketplace, while it would restrict the ease of use for users, it would also cut out alot of fraud and chargebacks crap<p>I would rather have a large part of a rapidly growing pie than fighting ebay or amazon on their turf

Any plans to enable ACH payments? My industry deals with very large sized payments (&gt;$1000), and people currently use paper checks - $30+ is too high for the convenience. Having stripe offer ACH would enable some fantastic stuff.

Is a way to ACH money from my bank using Stripe so that I can pay people via ACH? I am looking for a simple solution for outbound ACH payments via an API. If Stripe doesn&#x27;t have this does anyone else?

I&#x27;m building a marketplace just now... this could be very useful but 2.9% fee is too high(I take 4%), anyone know fee if process more of $80000&#x2F;month?

Pretty sweet landing page. I think having lower rates for microtransactions would be nice, as many have pointed out.

Basically, all this does it make it so each &quot;seller&quot; doesn&#x27;t have to create a whole Stripe setup. It introduces a middleman who collects a fee. Useful for some applications, I guess so.<p>I can see this mostly used on smaller-scale projects or businesses. Otherwise it just makes too much sense to set up your own Stripe, especially considering how easy it is to set up Checkout.

Does stripe ever plan to release more advanced&#x2F;streamlined analytics?

the background of this page is moving around aaaah

Is this available in Australia?

No Escrow?

What is the value proposition you can build on top of this? create marketplaces but for what? is it common to use a business model to skim percentage for each transaction?

Anxiously awaiting Aaron Greenspan&#x27;s inevitable troll-sesh on this thread :D