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Hey pc, do you plan to add escrow to Stripe Checkout at some point?
by vassvdm 13y ago
Hey pc, do you plan to add escrow to Stripe Checkout at some point?
- ceejayoz 13y agoThat seems like an odd feature request, but maybe I'm just not thinking of a use case.
- vassvdm 13y agoThe use case is for marketplaces (and maybe crowdfunding sites). An escrow service is a means to increase trust for both the buyer and seller sides. Funds are paid up front but held in escrow until goods are effectively exchanged or services rendered. I realize that it is a major feature and requires more than just code, but I'd love to see another major player in this space that isn't PayPal. Balanced Payments and MangoPay are great but they aren't household names (that customers are likely to recognize) like Stripe is fast becoming.
- kickme444 13y agoStripe does exactly this. When you make a payment to stripe it does into your account which is an escrow account, which you can then use to make payments to others, like a marketplace setting.