Delayed Payments (escrow-like)
Last updated
Last updated
Note: Escrow has a precise legal definition and Stripe does not support escrow accounts. However, there are several methods you can use that allow you to implement escrow-like payment flows.
Sometimes you won't want to transfer funds directly to the merchant straight away. For example, in a services marketplace like Upwork or Fiver, you may only want the merchant to get the funds once they've successfully delivered a service.
You can read our full guide to delayed marketplace payments here.
There are three ways to achieve this with the Stripe Connect - Marketplace plugin:
Manual payouts
Authorize and capture method
Separate charge and transfer method
The below video tutorial outlines how to implement manual payouts:
The below video tutorial outlines how to implement the 'Authorize and Capture' and 'Separate Charge and Transfer' approaches: