Woodutrade - Stripe Connect


Stripe Payment Gateway for the Timber Industry

Stripe is a world leading payment gateway. Not only do they offer tools to pay for goods and services on platforms like ours. But they have a service that connects Stripe accounts together.

This is ideal for marketplaces where, independent, suppliers fulfil orders and need to be paid for this. 

With Stripe Connect, the whole process is quick, easy, and efficient. It allows us to sell goods and services, online, and seamless connect and pay our specialist providers.

Once a transaction is made, we automatically, send a purchase order or order confirmation, and then use Stripe Connect to pay our partners in the quickest, most efficient way.

If you are supplier and want to offer your wood services on our platform. Stripe will guide you through the simple steps to either create a new account or connect your existing Stripe account to Woodutrade (our supplier portal).

Once this is connected, we run scheduled payments straight into your own Stripe account and subsequently into your bank.

Stripe Connect is safe and secure. It is good for both buyers and sellers to know that we use this automation to ensure there are no gaps in fulfilment.

Helping all users to get back to work safe in the knowledge that all payments are safe and will always be received and passed on.

So let's quickly recap - Using Stripe Connect with Woodutrade and Wooduchoose ensures a number of things. It effectively connects our banks together.

Once someone buys from us, our suppliers receive order. They upload their invoice to our platform which, automatically, qualifies that order for automatic payment, our scheduled payments, then look for what is due and pays automatically, straight into Stripe.

Suppliers can then transfer into their bank.

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Posted on Thursday 02 March 2023 at 11:21

Tags: News Useful Guides Wood / Timber Woodworking Tools    Share: twitter facebook linkedin
Paul Hayman Author: Paul Hayman

Paul’s background is from the construction and timber industries. Owning and running, innovative companies in those sectors helped him to hone his passion for IT.

Read more blogs by Paul Hayman


Video Transcript:


So with strip connect, the whole process is quick, easy, and efficient customers browse. Wooduchoose and purchase your products? We send you a purchase order or order confirmation, and then we need to get you paid the quickest most efficient way of doing that is through strip connect. Simply click the connect with strike button and you only need to do this.

Stripe is a world leading payment gateway. They'll guide you through the simple steps to either create a new account or connect your existing Stripe account to which you trade. And Wooduchoose once this is connected, we'll run scheduled payments straight into your own Stripe account and subsequently into your bank.

This is safe and secure. And there's no need to contact us to request payments as this will happen automatically with strike connect, helping you get back to work safe, the knowledge that your payments are safe and will always be received.

So let's quickly recap using strike connect with Woodutrade and Wooduchoose ensures a number of things? It effectively connects our banker. To yours. Once you receive an order, you can upload your invoice and that automatically qualifies that order for automatic payment, our scheduled payments, then look for what's due and this gets paid automatically straight into your Stripe.

Again, you can then transfer into your bank. I hope this guide has been helpful and hope you make use of Stripe connect to make your life much easier and ensure payments are made as, and when you need them. Thanks again for choosing Woodutrade.

Ends

Author:

Paul Hayman

Paul Hayman

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