Stripe Payment Method
Adding funds to your Stripe Account
To add funds to your Stripe account, you need to visit the Balances page from Stripe. 1. Log in to Stripe as a Marketplace Owner 2. Navigate to Balances from the top menu. You should be taken to the Overview page. 3. Select Add to balance from the ...
Reconciliation Management
Dashboards and reporting information in Omnyfy View orders and Payouts Orders and Payout calculations are processed in the “Pending Payouts View”. This View will give you the following information Per Vendor Order. Order Number Order Date and Time ...
Vendor Onboarding workflow with Stripe (KYC)
Learn about the workflow of stripe when onboarding the vendor. To learn the detailed step by step process of KYC Onboarding, please follow the link below: Vendor KYC - Stripe Approval Process
Accounts used in the payments processing
The payments processing workflow uses the following accounts across the Marketplace Owner and the Vendors.
Payments and Payouts through Stripe
There are three fundamental steps in the payments workflow which enables customers to buy from multiple vendors in a single transaction and allows you, the marketplace owner, to then disburse those funds to the Vendors and recognize your net proceeds ...
Why you cannot pay Vendors “Directly”
There are limitations to being able to make a payment directly to a Vendor on the marketplace. The main limitation is that this can only be achieved in a SINGLE VENDOR CHECKOUT scenario, i.e. if the customer is restricted to paying out to one Vendor ...
Why you cannot pay Vendors “Directly”
There are limitations to being able to make a payment directly to a Vendor on the marketplace. The main limitation is that this can only be achieved in a SINGLE VENDOR CHECKOUT scenario, i.e. if the customer is restricted to paying out to one Vendor ...
The Omnyfy Stripe Marketplace Payments Integration
Omnyfy is integrated with Stripe via the “Separate Charges and Transfers” architecture which allows significant control over receipt and disbursement of funds to the vendors on your marketplace. The integration with Stripe offers a completely ...