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Features
Features
AUTOMATED MARKETPLACE VENDOR PAYOUTS

Automate your marketplace seller payouts with Stripe Connect

Your Vendo-powered marketplace will use Stripe Connect to make automated payouts to your sellers once they ship the goods. It will also place your marketplace sales commission in your own account. The funds may be easily withdrawn from the Stripe account into a bank account. Vendo automates also return-related refunds.

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AUTOMATED VENDOR PAYOUTS

Stripe Connect is an industry standard marketplace payouts solution

75%+ of companies on the a16z Marketplace 100 list use Stripe Connect. It helps the fastest growing marketplaces pay out their sellers or vendors, accelerate global expansion, and simplify compliance.

FAQ

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Get in touch with support @getvendo.com

How easy is it to integrate Stripe Connect with my marketplace?

All you need to do is copy and paste your Stripe API keys into the Vendo dashboard.

How can I onboard vendors to my marketplace Stripe Connect account?

Once you send an email invite for a vendor to onboard, they will be presented with a number of onboarding steps. One of these steps will be Stripe Connect onboarding. It will only take a few minutes to enter their business and banking information. Once this process is completed, the seller will be able to receive automated payouts.

Will I be able to track progress of the Stripe Connect onboarding of my sellers?

Yes. Vendo marketplace admin dashboard will allow you to review your sellers onboarding progress.

How do I set my marketplace sales commission?

Configure your marketplace sales commission for each vendor in your Vendo admin dashboard. Change it at any time.

What are the countries supported for automated seller payouts?

Cross-border payouts enable marketplaces in the US to pay out sellers in the following countries: Albania Algeria Angola Antigua & Barbuda Argentina Armenia Australia Austria Azerbaijan Bahrain Bangladesh Belgium Benin Bhutan Bolivia Bosnia & Herzegovina Brunei Bulgaria Cambodia Canada Chile Colombia Costa Rica Côte d’Ivoire Croatia* Cyprus Czech Republic* Denmark Dominican Republic Ecuador Egypt El Salvador Estonia Finland France Gambia Germany Ghana Greece Guatemala Guyana Hong Kong Hungary Iceland* India Indonesia Ireland Israel Italy Jamaica Japan Jordan Kenya Kuwait Latvia Liechtenstein* Lithuania Luxembourg Macao SAR China Malaysia Malta Mauritius Mexico Moldova Monaco Morocco Namibia Netherlands New Zealand Niger North Macedonia Norway Oman Panama Paraguay Peru Philippines Poland Portugal Qatar Romania San Marino Saudi Arabia Senegal Serbia Singapore Slovakia Slovenia South Africa South Korea Spain St. Lucia Sweden Switzerland* Tanzania Thailand Trinidad & Tobago Tunisia Turkey United Arab Emirates United Kingdom Uruguay Vietnam * Bank accounts in countries with an asterisk (*) can only receive Euro (EUR) payouts.

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