[cristinacordova]

Cristina from Stripe here. Thanks for the comment.

Many marketplaces want to avoid the liability for transactions that take place on their platform. This is specifically why we built Stripe Connect (https://stripe.com/connect). It allows the marketplace to provide a way to accept payments to their sellers. The buyers and sellers can the transact with each other and the marketplace avoids liability.

Balanced provides the ability to pass disputes onto the seller, but the marketplace ultimately has full liability for chargebacks, fraud, and so on.

With Stripe Connect, each seller is responsible for charges run through their own Stripe account. This removes any liability from the marketplace, and is really useful if you want to purely be a platform of facilitating payments and don’t actually want to be involved in the risk and complexity of handling any of the money.

[javier_dev]

How does it work with Stripe connect if the marketplace wants to get a small cut/fee from the payment?

Example: Buyer pays $10, seller gets $9, marketplace gets $1.

[amfeng]

Yep, you can do that easily with application fees (stripe.com/docs/connect/collecting-fees).

The money from the credit card payment gets routed to your seller automatically (and we split off the application fee to send to your Stripe account). You never touch the rest of the funds, so you're never responsible for any chargebacks or refunds.