The Daily Dose

Stripe, the payment company that’s quietly building the best way to pay people online, has today launched a major API update to its Connect API. The new API builds on what the company learnt from modern “platform” companies such as Instacart, Shyp and Lyft, that employ many ‘sellers’ to get their work done. Stripe Connect now makes it easier to onboard sellers (think Lyft drivers or Instacart shoppers) for their marketplace and now manages verification of their identity and ensuring they’re compliant with local tax laws. It also makes it much easier to pay those sellers, no matter what country they’re in. Previously,…

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