Stripe Connect is a payment gateway built within the Stripe platform. It provides a complete set of building blocks to support the payment needs of any business, including on-demand, ecommerce, crowdfunding, and travel and events. In this article, we cover Stripe Connect reviews and pricing. Ready to get started? Create an account.
Stripe Connect Pricing
Stripe Connect pricing depends on how the payment will be processed: Accounts applies whenever the payment is paid directly to an Express or Custom account ($2/account/month + 0.25%/transaction). For ACH Payouts, there is a $0.25 fee per payout. For Account Debits, there is a 1.5% fee.
Stripe Connect offers instant ACH payouts at 1.5% per transaction, with a minimum fee of $0.50.
Stripe Connect offers volume pricing for businesses that process more than $150,000 per month. It also offers integrated pricing, which comes with other Stripe services. Interested users may contact sales support to get specific pricing details.
Ready to get started with Stripe Connect? Create an account.
Top Payment Gateway Providers 2019
Summary of Positive Stripe Connect Reviews
Users who gave Stripe Connect a positive review said that it provides a good technical infrastructure for payments while creating a backup of the business’ store information. They also liked that it is compatible with cryptocurrencies and that it allows ACH Check transactions.
One user who gave a positive Stripe Connect review on G2 said that the platform allowed them to process the payments easily. She also liked that it easily integrates with third-party shopping carts and that it gives the ability to charge clients using their credit cards.
Summary of Negative Stripe Connect Reviews
As of the date this article was written (May 30, 2019), there are no negative Stripe Connect reviews online. If you are a past or current Stripe Connect customer, leave a review to help other business owners who are deciding whether or not to use the service.
Top Payment Gateway Pick from Fit Small Business
Best Payment Gateway for Small Business: Payment gateways are the middlemen that connect your ecommerce shopping cart to your payment processor to enable online credit card payments. We looked at the most popular options and rising stars and decided to review PayPal, Stripe, and Authorize.Net. These companies covered the range for small businesses in terms of security, ease-of-use, payment processing options, and price.
Stripe Connect Features
Check out the list below of some of Stripe Connect’ features:
- Quick integration
- API-driven development
- Payment in 25+ countries
- Routing payments
- Onboarding and verification
- Platform management
- International support
- And more
Stripe Connect FAQs
What are the account types under Stripe Connect, and which one should I get?
Stripe Connect offers three account types, depending on who is getting paid out: Standard, Express, and Custom. Standard applies to platforms supporting independent businesses that benefit from having a full Stripe account. Express applies to platforms looking to onboard recipients quickly and at scale. Custom applies to platforms who want to fully customize the user experience, including onboarding, dashboarding, and reporting UIs.
How and why should I verify my bank account?
Only accounts with verified bank accounts can top up their platform account. The verification process is done through the dashboard. It is accomplished by confirming two micro-deposits from Stripe. These deposits will take 1-2 business days to appear on your online banking statement.