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Stripe Connect

You can use Stripe Connect to handle Marketplace payments in your app.

There are two main marketplace payment types:

  • Allow other businesses to accept payments directly from their customers (i.e. Shopify)
  • Collect payments directly and pay out service providers separately (i.e. Lyft, Instacart, Postmates)

Not sure what account types to use? Read the Stripe docs: https://stripe.com/docs/connect/accounts

Usage

To add Merchant functionality to a model, configure the model:

class User
  pay_merchant
end

Example

@user = User.last

# Use Stripe for the Merchant
@user.set_merchant_processor :stripe

@user.merchant_processor.create_account
#=> Stripe::Account

@user.merchant_processor.account_link
@user.merchant_processor.login_link
@user.merchant_processor.transfer(amount: 25_00)

Charge Types

Stripe provides multiple ways of handling payments

Charge Type Use When
Direct charges Customers directly transact with your user, often unaware of your platform's existence
Destination charges Customers transact with your platform for products or services provided by your user
Separate charges and transfers Multiple users are involved in the transaction
A specific user isn't known at the time of charge
Transfer can't be made at the time of charge

Direct Charges

  • You create a charge on your user’s account so the payment appears as a charge on the connected account, not in your account balance.
  • The connected account’s balance increases with every charge.
  • Your account balance increases with application fees from every charge.
  • The connected account’s balance will be debited for the cost of Stripe fees, refunds, and chargebacks.
@user.stripe_account = "acct_123l5jadsgfas3"
@user.charge(10_00, application_fee_amount: 1_23)
var stripe = Stripe('<%= @sample_credentials.test_publishable_key %>', {
  stripeAccount: "{{CONNECTED_STRIPE_ACCOUNT_ID}}"
});

Destination Charges

  • You create a charge on your platform’s account so the payment appears as a charge on your account. Then, you determine whether some or all of those funds are transferred to the connected account.
  • Your account balance will be debited for the cost of the Stripe fees, refunds, and chargebacks.
@user.charge(
  10_00,
  application_fee_amount: 1_23,
  transfer_data: {
    destination: '{{CONNECTED_STRIPE_ACCOUNT_ID}}'
  }
)

Separate Charges and Transfers

  • You create a charge on your platform’s account and also transfer funds to your user’s account. The payment appears as a charge on your account and there’s also a transfer to a connected account (amount determined by you), which is withdrawn from your account balance.
  • You can transfer funds to multiple connected accounts.
  • Your account balance will be debited for the cost of the Stripe fees, refunds, and chargebacks.
pay_charge = @user.charge(100_00, transfer_group: '{ORDER10}')

# Create a Transfer to a connected account (later):
@other_user.merchant.transfer(
  amount: 70_00,
  transfer_group: '{ORDER10}',
)

# Create a second Transfer to another connected account (later):
@another_user.merchant.transfer(
  amount: 20_00,
  transfer_group: '{ORDER10}',
)

Alternatively, the source_transaction parameter allows you to transfer only once a charge's funds are available. This helps to make sure the funds are available in your Stripe account before transferring.

See: https://stripe.com/docs/connect/charges-transfers#transfer-availability

@other_user.merchant.transfer(
  amount: 70_00,
  source_transaction: pay_charge.processor_id
)