Stripe Connect is a flexible and powerful tool for marketplaces that facilitates performing transactions for your users through Stripe. For CS-Cart store owners we have developed the Stripe gateway add-on, which is available on our Marketplace.
For Multi-Vendor store owners we have developed Stripe Connect.
The Stripe Connect add-on for Multi-Vendor provides the possibility to make the payment, wherein:
— The payment goes directly to the vendor (the vendor should create and bind a stripe account with their store, see below).
— If a user makes purchases from several vendors, the whole cart will be split into several cases by vendors and the whole order will be paid in several steps.
— The buyer has the ability to create a Stripe account for their store directly on the settings page in the profile, which allows the user to save the card details to quickly pay via Stripe when placing an order.
— Provide sellers with split payment in your Marketplace.
— Accept main credit cards worldwide: Visa, MasterCard, American Express, Discover, JCB and other credit cards for payment from buyers.
— Allow customers to save credit cards for future purchases. No card details are stored in your database and is fully PCI Compliant.
— Increase conversions by making it easier for your customers to pass the checkout faster and pay successfully.
The first step is to create a Stripe account, which you can do by visiting the Stripe official website. There, you will also need to get Secret key, Publishable key, and Client ID to create the Stripe Connect payment method.
Once you have created an account, return to your store, install the add-on, and go to Payments methods page to create a new payment method. In the General settings, you should select the appropriate value — Stripe Connect in the Processor field.
Then go to the Configure tab and fill in the Secret key, Publishable key, and Client ID fields.
If your vendor wants to accept payments via Stripe Connect, they also must get a Stripe account on the official website.
The vendor doesn’t need to search the website because after clicking the Add account button they will be redirected to the page automatically.
The vendor should fill in the registration form and create an account. If everything is correct, the vendor will be redirected back to the Profile page. There, they will see their Stripe vendor ID.
The add-on allows your customers to pay for products using the Stripe Connect payment gateway.
The only thing they should do is get a Stripe account and add a credit card. You can be sure that everything is secure because a CS-Cart store does not store credit card information.
Once a credit card has been added in the profile details, your customer doesn’t need to type the card data every time they make a purchase. All the information will be autocompleted.
The payments made by the customers are transferred directly to the vendors and then the admin of the store gets a fee from each payment.
If there are products of several vendors in the customer’s cart, the whole cart will be split into several cases by vendors and the whole order will be paid in several steps. Look at the screenshot below to see how it works.
After successful payment of the first case with products the customer will be suggested to pay the rest products.
After the payment is made, the money is transferred to the account of the store owner, and then Stripe Connect divides it between the vendors.
The add-on automatically calculates the amount of money that should be transferred to the vendors for their products in the order.
The add-on is compatible with Multi-Vendor 4.3.7 and above.
NOTE: Starting from version 4.7.1, the add-on was included in the default functionality.
Learn more about the add-on in the User Guide.
This Multi-Vendor add-on is developed and published by Simtech Development Ltd., a CS-Cart developer. You are guaranteed the ability to buy quality add-ons to support future versions. If you need help, please contact us via our help desk system.