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How to do Stripe Connect Multiparty payments integration on WordPress websites?

By May 30, 2023No Comments
How to do Stripe Connect Multiparty payments integration on WordPress websites

Stripe is a popular payment gateway that offers a range of features to help businesses process payments online. Stripe Connect allows businesses to accept payments from customers and pay out to third-party sellers or vendors. In this article, we will discuss how to integrate Stripe Connect with WordPress websites to enable secure online payments.

Step 1: Sign up for Stripe

The first step to integrating Stripe Connect with your WordPress website is to sign up for a Stripe account. You can do this by visiting the Stripe website and creating an account. Once you have created an account, you will be able to access your Stripe API credentials.

Step 2: Install and activate the Stripe plugin

The next step is to install and activate the Stripe plugin on your WordPress website. You can do this by navigating to the Plugins section in your WordPress dashboard and searching for “Stripe”. Once you have found the plugin, click on “Install” and then “Activate” to enable the plugin.

Step 3: Configure the Stripe plugin

After activating the Stripe plugin, you will need to configure it to work with your Stripe account. To do this, navigate to the plugin settings page and enter your Stripe API credentials. You will also need to configure other settings such as the currency, payment methods, and checkout page settings.

Step 4: Set up Stripe Connect

To set up Stripe Connect, you will need to create a Stripe Connect account. This will allow you to accept payments from customers and pay out to third-party sellers or vendors. Once you have created a Stripe Connect account, you can configure it to work with your WordPress website.

Step 5: Test the integration

Once you have configured the Stripe plugin and set up Stripe Connect, it’s important to test the integration to ensure that everything is working properly. You can do this by creating a test product or service on your website and attempting to make a payment using Stripe Connect. If the payment is successful, then the integration is working properly.

Step 6: Go live

After testing the integration, you can go live and start accepting payments on your WordPress website. Make sure to communicate to your customers that you are now accepting payments through Stripe Connect and provide them with any necessary instructions for making payments.

Stripe Connect Multiparty payments integration on WordPress websites can be achieved by following these steps:

  1. Create a Stripe account or log in to your existing account.
  2. Navigate to the “Developers” section and select “Connect”.
  3. Click on the “Settings” tab and then select “Connect settings”.
  4. Click on the “Add new platform” button.
  5. Fill out the required fields for the platform, including the platform name, website URL, and redirect URIs.
  6. Click on the “Create platform” button.
  7. Once the platform is created, you will be provided with a platform ID and secret key. Keep these credentials safe as they will be needed later.
  8. Install and activate the Stripe Payments plugin on your WordPress website.
  9. Navigate to the plugin settings and enter your Stripe API credentials, including the platform ID and secret key.
  10. Enable “Multi-Vendor” payments by selecting “Yes” in the plugin settings.
  11. Configure the plugin settings, including the commission rate and payment options.

Test the integration by making a payment through the platform and verifying that the payment is split between the platform and the vendor.

By following these steps, you can successfully integrate Stripe Connect Multiparty payments with your WordPress website. If you need any help in doing multi party payment using Stripe Connect  then you don’t hesitate to Contact us

Conclusion:

Integrating Stripe Connect with your WordPress website is a great way to enable secure online payments and pay out to third-party sellers or vendors. By following the steps outlined in this article, you can easily integrate Stripe Connect with your WordPress website and start accepting payments online. Remember to test the integration before going live and to communicate to your customers that you are now accepting payments through Stripe Connect.