Stripe Connect
Stripe Connect is a platform that enables businesses to build and manage multi-party payment flows, such as marketplaces, platforms, and on-demand services. It provides APIs and tools to facilitate payments between users, handle payouts, and manage compliance and fraud prevention. This allows platforms to embed financial services directly into their applications without building complex payment infrastructure from scratch.
Developers should learn Stripe Connect when building platforms that involve payments between multiple parties, such as e-commerce marketplaces, gig economy apps, or crowdfunding sites. It simplifies handling complex payment scenarios like splitting payments, managing payouts to sellers or service providers, and ensuring regulatory compliance across different jurisdictions. This is particularly useful for startups and businesses scaling globally, as it reduces development time and operational overhead.