STRIPE-CONNECT
Stripe multi-vendor marketplace API.
Definition
Stripe Connect offers three modes: Standard (autonomous account), Express (light onboarding, Stripe-managed), Custom (full UI on the platform). Includes split payments, holds, refunds, hosted KYC/AML. Used by Lyft, Shopify, Doordash.
Origin
Connect launched 2012 ; Express + Custom revamp in 2018.
Example in context
A services marketplace splits 80% to the provider and 20% commission in a single Connect transaction.
Related terms
- Adyen — competitor.