DEV Community

Chidi E. Egwu
Chidi E. Egwu

Posted on

Introduction to Stripe Connect

Stripe Connect offers the next best thing in a world where cashless exchanges drive transactions. Simple enough for non-technical everyday users but technologically advanced enough to appeal to businesses and their tech teams.

The big question that might be going through your mind now is, what is Stripe Connect?
Stripe Connect offers the fastest, seamless payment infrastructure for software platforms and marketplaces. Put another way, they handle your financial transactions' heavy lifting so your company can focus on what it does best.

Stripe Connect has several services and products that all work to make payment infrastructures easy to use and safe. Programmable APIs and tools allow for end-to-end payments and KYC onboarding, relieving the stress and troubles that come with KYC (know your customers).

Another critical aspect of any payment system is its workings. Product consumers must have a good or clear understanding of how a product will meet their expectations. Two crucial aspects of business development, Time and Growth, can be significantly improved using Stripe Connect.

1. Time: The ease of integration offered by Stripe Connects will allow individuals or companies to go live as quickly as possible. They handle the overhead cost and debates required to set up payment systems while providing secure payments solution with a simple click.
2. Growth: With Stripe's access to more than 135 currencies, 35 countries and 14 languages, businesses are provided with borderless transactions and a global customer base. The question on your mind should be, how far are you willing to expand your business?

It is best to understand that technically-minded users are not left out of Stripe as payment system development and customisation can be done more quickly, thanks to Stripe's features. The payment solution offers many options to get any business up and running without reinventing the wheel.

  • Prebuild checkouts
  • Customisable payment UIs
  • No code payment UIs
  • Fraud and risk management
  • In-person payments
  • Online invoices
  • Subscription management

This list is not exhaustive, but it gives a general view of what Stripe Connect offers prebuilt under the hood. Stripe also has some plugins, code samples, libraries, and software development kits (SDKs) that can be used to speed up development and keep the codebase consistent. Best of all, it comes packaged with a well-documented guide that developers and end users can reference to get up and running with Stripe Connect.

Stripe's use case is limitless, ranging from E-Commerce, SaaS, Marketplace, Embedded Finance, and Crypto. If you can think of a payment challenge not listed that requires seamless cash transactions, add it to the list, as Stripe is built to handle it.

Another exciting aspect of Stripe revolves around how easy and fast it is to start with Stripe. The signup page only requires your email, full name, country, password and an optional box that allows you to decide to receive emails about product updates and resources. You can always return to your account using your email and password for login or the single sign-on (SSO) option instead.

Stripe Connect is an all-in-one solution for payment that offers user onboarding, payment acceptance, payouts and general money management.

Top comments (0)