Stripe Connect Split Payment for MustBuy vendors
With Stripe Connect, MustBuy has a pre-integrated payment gateway that automates payouts and controls the flow of funds.
How does Stripe Connect work?
Stripe Connect primarily requires that each user has their own Stripe account (a so-called connected account) for transactions on a marketplace.
Users can either create a new account or add an existing Stripe account when registering on the MustBuy Marketplace.
The Stripe Connect Split Payment API immediately splits the settled order amount between provider and admin for simultaneous orders via Stripe accounts.
These payments flow to the specific Stripe accounts and the records are maintained in the admin/seller interface.
Here is how Mustbuy power seller profile look-like.
Why Sell On MUSTBUY?
LISTING FEES? NO THANKS:
NO LISTING FEES. We just get a 6% of selling price of what you sell. Simple and easy.
SECURITY? ALL THE WAY
Our platform is full of security features to provide protection to your data.
Efficient shipping method to deliver your goods to buyers safety and smoothly.
How much commissions:
You can post your items for free and without risk on MUSTBUY. In case of a successful sale you pay 6% of the selling price.
Create a business selling account
This step requires you have your bank account or credit card information, tax information, and government ID.
Set up your account policies
Pick your shipping, return, and payment policy preferences that will then be used for your listings.
Upload your inventory
Use our suite of tools to onboard your inventory and start selling!
Everything you need to run your online business
From inventory to fulfillment, we’ve got the tools you need and can connect to anything you already use.
You’ll gain access to a variety of tools that help you list, bulk upload, and integrate with APIs. You can also use third-party tools.
Our sellers receive discounted shipping labels from major carriers.
Send out orders through our shipping partners.
How to Ship Items Sold Online:
- Make an online sale.
- Determine which products to package and the total size and weight.
- Confirm the shipping destination.
- Determine which shipping carrier is being used and calculate the shipping cost.
- Send the package out via the appropriate carrier.
Ask for Review
Reviews are key to the decision-making process, helping customers to get a better idea about the product, including material, size, and shape
We only charge once your item sells 6% for every successful sale transaction.
NO, anyone can register 18 years old and above and also businesses.
Payment on MUSTBUY happens automatically. We’ll help you determine what payment method you wish to accept upon listing your item. To help provide a safe experience, we only allow payment methods that offer strong protection for buyers and sellers.
You can sell almost anything, from homemade goods to used or unused items. We do restrict items that violate any laws or infringe on intellectual property.
For most items, we can provide a price recommendation for you based on recently sold, similar items. Choosing a lower starting price for auctions can help create more interest.
If you want to register as a business, select Create a business account on the registration page. We’ll ask for some additional details like your business name, type, and address. If you are receiving payments from MUSTBUY with a business bank account, you need to have a business account on MUSTBUY.
You can! When creating your listing, you can offer local pickup by selecting it in shipping details. Once the buyer pays, they’ll receive a QR code you can scan to confirm the item has been picked up
Pictures(s), product title, product description, item specifics, GTIN when applicable.
Examples of Perfect Listing Titles:
Lululemon Cashmere Sweater Medium Blue Mens V Neck New Long sleeve.
Electronics: Dell Chromebook CB1C13 11.6in Intel Celeron N2840, 2.16GHz 2GB 16GB SSD.