You can create a marketplace with Sharetribe anywhere in the world. Marketplaces requiring online payments can use the built-in Stripe integration to process payments, earn commission revenue, handle KYC (Know Your Customer), and payout providers. Stripe only works in certain countries and certain currencies. If you need to process online payments in a non-Stripe supported country, you can integrate a third-party payment gateway with custom coding.

Stripe Connect with Custom accounts, Stripe's online payment system for marketplaces, is the built-in payment and payout system in your Sharetribe marketplace. Though Stripe can process payments from pretty much anywhere in the world, it can only payout funds (transfer money to providers) in certain countries. Transferring funds is heavily regulated, so Stripe is only able to payout providers whose bank accounts exist in countries where Stripe has the requisite infrastructure.

What this means for your marketplace is that you may onboard and payout providers with bank accounts in any of the countries listed below:

Your customers can be from anywhere in the world, but your providers can only receive payouts through Stripe if they have a bank account in the countries listed above.

Through Stripe, your marketplace can process payments in the following currencies:

You can set your marketplace currency in Console > Build > General > Localization.

Your selected currency is assigned to prices on your marketplace. This shows to your users as the currency symbol displayed with the price.

Under the hood, currency is assigned to a listing when a listing that has a price is created. This means that currency is stored as a listing data attribute in much the same way price or the title is stored as a listing attribute. The currency attribute of the listing is then referenced whenever listing price is used, such as during search or payment.

You can learn more about how currency works in this article.

If you have providers who you want to payout and who do not have bank accounts in a Stripe-supported country, then you must integrate a different payment system to support them. It is not possible to payout providers who are not on the above list through the built-in Stripe payment system.

Integrating a custom payment system with your marketplace is done by custom coding. It is a technically challenging task, though the technical implementation is typically not the most difficult part. The most difficult part of integrating a custom payment system is finding a system that satisfies all your requirements.

Take PayPal for example. On the surface, it seems like PayPal's marketplace payment solution is a great Stripe alternative for processing marketplace payments, offering more country coverage for payouts and brand recognition. In reality, though, PayPal is not available to use for most new marketplace businesses. Using PayPal requires being approved by PayPal through this form. If you are not approved, you cannot use PayPal.

Therefore, when considering a custom payment integration, research options thoroughly to make sure a viable solution exists to your particular needs. As a starting point, we recommend reviewing our high-level technical guide for implementing a custom payment integration found in our Developer documentation.