Split Pay for Stripe on Woocommerce | Create a Multi-Vendor Marketplace in Minutes

Split Pay for Stripe on Woocommerce | Create a Multi-Vendor Marketplace in Minutes Install Statistics

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About Split Pay for Stripe on Woocommerce | Create a Multi-Vendor Marketplace in Minutes

Split payments made in WooCommerce stores between a Stripe Connected Account and a Stripe Platform Account.

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updated: 8 months ago
since: 3 years ago
author: Gaucho Plugins

Description

The Split Pay Plugin is used by Stripe Connect Platform accounts to transfer a percentage or fixed amount of WooCommerce sales to Connected Stripe Accounts. This is often referred to as split payments and are called Transfers in the Stripe Dashboard. WooCommerce Store owners can set the percentage or a fixed amount of each sale to be transferred to a Stripe Connected Account.

Splitting payments are useful in a wide variety of cases, such as multi-vendor marketplaces, business partnerships, supplier/vendor relationships, and other situations where WooCommerce store owners may want to automatically transfer a portion of sales to another person or business.

Required Plugins

The following plugins are required to use the Split Pay Plugin:
* WooCommerce
* WooCommerce Stripe Payment Gateway

Other Requirements

  • Transfer amounts must be $1 minimum, per Stripe limitations.
  • Transfers can only be made to Stripe accounts within your Stripe country/region, though any currency can be accepted for payment. This will change soon with new features we are building, so connected Stripe accounts in any country can receive transfers.
  • Proper Webhook configuration, including API keys, Webhook Events, and Webhook Signing Secret

Free Features

% PERCENTAGE-BASED TRANSFERS

  • Transfer a percentage of every WooCommerce sale to a single connected Stripe account. This means every sale will be split based on a predefined percentage.

💱 CURRENCY AGNOSTIC

  • Sell with any currency supported by Stripe + WooCommerce. The calculations all happen in the background, regardless of the selected store currency.

PRO Features

🔀 SPLIT PAYMENTS ACROSS MULTIPLE CONNECTED ACCOUNTS

  • Split payments across multiple vendors, suppliers, or service providers. Just onboard their Stripe account to your platform and configure their transfer amount in the plugin settings.

🏢 EASILY ONBOARD VENDORS TO CONNECT STRIPE

  • Invite Vendors or allow them to register. The Vendor login page offers the option for them to connect their Stripe account to your platform, no additional configuration required.

🔍 PRODUCT-LEVEL TRANSFER PERCENTAGES

  • Set transfer percentages globally or at the product level. For instance, split all sales with 5% to the connected account, or split Product X with 10% and Product Y with 25%.

📊 GLOBAL OR PRODUCT-LEVEL FIXED TRANSFERS

  • Set fixed transfer amounts globally or at the product level. For instance, transfer $5 of each sale to a connected account, or transfer $10 from Product X and $25 from Product Y.

🃏 COMBINE PERCENTAGES AND FIXED AMOUNTS

  • Sell some products with a percentage split and some products with a fixed amount split. For instance, transfer $10 from sales of Product X and 25% from sales of Product Y.

🍒 VARIABLE PRODUCTS SUPPORTED

  • Support for variable WooCommerce products – set transfer values for each variation you have configured in WooCommerce. Percentages and fixed amounts can be combined.

🔁 WOO SUBSCRIPTIONS SUPPORTED

  • The official Woo Subscriptions plugin is fully supported, so every recurring payment in a subscription automatically transfers the same amount as the first transaction.

🚢 OPTIONALLY TRANSFER SHIPPING FEES

  • Are your vendors offering product fulfillment and shipping? Transfer a percentage or fixed amount of shipping fees associated with each product to connected accounts.

📃 VIEW TRANSFERS EASILY & EXPORT VIA CSV

  • The Transfers tab in the WordPress Dashboard displays a summary of all split pay transactions that can be easily exported into CSV format.

⏩ RELIABLE AND PERFORMANT

  • With extensive testing and support for High-Performance Order Storage, you can rest assured that all your transfers will work consistently.

🌱 WEBSITE & PRICING

📕 DOCUMENTATION