The YITH Stripe Connect for WooCommerce plugin is a payment gateway solution that is specifically designed to enable store owners to split payments between multiple recipients, also known as receivers.
This plugin allows store owners to manage complex transactions such as splitting payments both for a single product and for the whole store automatically.
The plugin is very useful for businesses that have partners or collaborators who need to receive a percentage of sales or fixed commissions from the sales of certain products.
With the YITH Stripe Connect for WooCommerce plugin, the store owner can easily assign commissions to each receiver and set a delay time for commission payments.
The plugin integrates with the Stripe payment gateway, which is a popular payment processor that allows customers to pay for products using their credit cards.
The integration allows for automatic and immediate payment splitting between the store owner and the receivers.
One of the key features of the plugin is the ability to insert an unlimited number of receivers, such as partners or collaborators, from the dashboard.
The store owner can assign fixed or percentage commissions to each receiver and associate commissions to the sales of all e-commerce products or only to specific ones.
The YITH Stripe Connect for WooCommerce plugin also provides the option to test in live mode, allowing store owners to try out the plugin in a live test mode to make sure everything works well before going live and dealing with real accounts.
In addition, both the admin and the receiver can print a PDF summary of the commissions paid. The admin also has the option to pay commission manually directly by clicking on the “pay now” button.
Furthermore, the plugin allows for the association of the data of more than one credit card to an account so that they can be available for future purchases.
The YITH Stripe Connect for WooCommerce plugin is compatible with the powerful WPML tool, which allows for easy translation of the plugin into different languages.
YITH Stripe Connect for WooCommerce offers several integrations with other YITH plugins to enhance the functionality of your e-commerce store. Here are some of the key integrations:
- YITH WooCommerce Affiliates: With this integration, you can set up an actual affiliation system on your shop in a few steps. You can also set a commission rate, unique or different for each affiliate.Due to the integration with YITH Stripe Connect for WooCommerce, you can also pay the affiliates automatically via Stripe Connect.
- YITH WooCommerce Customize My Account Page: This integration allows you to customize your “My Account” page on your website in a few simple steps. You can add new endpoints and edit the default WooCommerce ones.The integration between these two plugins enables the showing of the button to Connect with Stripe, so the configured receivers can connect to Stripe from their My Account page.
- YITH WooCommerce Multi Vendor: With YITH WooCommerce Multi Vendor, you can turn your store into a marketplace where vendors manage their own products and split the income with the admin based on the commission rate agreed.When combined with Stripe Connect, you can handle payments of your vendors’ income automatically and right on the checkout. Users check out and both the admin and the vendor(s) receive their part of the payment instantly.
- YITH WooCommerce Subscription: With YITH WooCommerce Subscription, you can generate recurring payments for the products of your shop and sell subscription-based products like video courses, monthly podcasts, and so on.When combined with YITH WooCommerce Stripe Connect, your customers will be able to subscribe to your products and be automatically charged on their card at the end of every billing cycle.
In addition to these YITH plugins, YITH Stripe Connect for WooCommerce is also compatible with popular WordPress and WooCommerce plugins available on the market.
In summary, the YITH Stripe Connect for WooCommerce plugin is a powerful payment gateway solution that allows store owners to split payments between multiple recipients, manage complex transactions, and assign fixed or percentage commissions to each receiver.
It also provides the ability to test in live mode, print PDF summaries of commissions paid, pay commissions manually, and associate credit card data to an account.