Connect makes it easy for you to interact with other Stripe accounts. As a platform, you can use Connect to spin up accounts and enable payments for your sellers with as much custom control over the experience as you’d like.
From https://stripe.com/docs/connect:
Stripe Connect is for accepting money on behalf of others, and gaining access to their data. This functionality is available in every country Stripe supports.
You might use Connect if you:
- Are building a platform that enables e-commerce, as Squarespace or Shopify do.
- Need to easily accept payments and pay out your service providers, like Lyft with its drivers or Handy with its workers. (You can even create Stripe accounts for your users, so they only ever interact with your platform.)
- Want to tap into your users’ data to provide analytics or any other business insights. Baremetrics is a good example of a service that does this.
In general, if you’re building a platform or marketplace that needs to pay third-parties or building applications that help Stripe users do more with their account or their data, Connect is likely the right solution for you.