In today’s digital commerce landscape, larger stores often expand their reach by collaborating within networks, fostering a surge in entrepreneurial activities. Starting an online venture often requires not just a great idea but also strategic partnerships that share the same vision.
But when your e-commerce platform takes shape, a critical question emerges: you plan to split revenue by, say, 50 percent, but how exactly do you execute this? Who manages the transaction when a customer buys items, including those using a credit card? How can you ensure a seamless flow while adjusting payouts based on pre-agreed commissions?
If you’re tired of manually verifying every order, juggling calculations, and manually adjusting commissions, take a deep breath and consider our YITH Stripe Connect plugin. It’s designed to streamline this process for you.
Our YITH Stripe Connect efficiently divides payments processed through your store via credit cards, distributing earnings automatically among your partners. Tailored for practical scenarios, the plugin empowers you to:
- Add numerous recipients within the dashboard, including partners and collaborators.
- Set fixed amounts (e.g., $5 per sale) or percentage-based commissions for each recipient (e.g., 25 percent of the total amount).
- Link commissions to specific e-commerce products or categories, enabling flexible profit sharing.
- Establish a grace period for commission payments.
- Track individual commissions and payment details seamlessly from the dashboard.
Key Features:
- Seamless integration with Stripe accounts.
- Unlimited recipient addition.
- Customizable fixed or percentage-based commissions.
- Granular control to associate fees with specific products.
- Flexibility to delay commission payments.
- Automated commission disbursement.
- Option to generate PDF invoices for both admin and recipients.
- Live testing mode for seamless implementation.
- Comprehensive tracking of commission transactions beyond the dashboard.