The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

WEB/DIGITAL How to Process Merchant Payments on Your Platform?

ApparentHorizon

Gold Contributor
Speedway Pass
Apr 1, 2016
835
2,450
553
Greenville, SC
I have an online platform that's taking root and getting some attention from people who I'd rather not deal with directly.

Currently its managed by a few VAs and I come in to deal with the sellers from time to time. The platform uses Stripe to take payments and the merchants get paid through their preferred method, which is usually ACH monthly.

Some smaller guys want to get in on it, but the economics don't make sense if they get the same treatment (IE, my time and VAs processing their accounts). The plan is to setup a lower tier backend for them, where they can manage their products.

I'm looking into how places like Amazon and Shopify do it, but also wanted to get some feedback doing it as a smaller shop.

(I'm not well versed in ecomm + being a middle-man, but I found something that works, so I'm just making it up as I go)
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.


Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Sponsored Offers

Lex DeVille's - Advanced Freelance Udemy Courses!
-- HALLOWEEN SPECIAL STARTS TODAY! Get any of my courses at Udemy's current best price through Friday! Use code: HALLOWEEN Use any of the links...
Top Bottom