Summary
Ask questionsRyft is an embedded payment platform tailored for marketplaces and platforms, enabling them to process online payments, automate complex split payouts, and manage seller onboarding. It provides a suite of tools for secure transactions, recurring billing, and compliance, with a focus on generating revenue from payment fees.
Features11/19
See allMust Have
5 of 5
Payment Processing
Developer API Integration
Billing & Subscription Management
Fraud Detection
Dashboard & Reporting
Other
6 of 14
Stripe Connect
Multi-Currency Support
Global Payment Methods
Webhook Event System
Customer Portal
Identity Verification
Stripe Issuing
Stripe Terminal
Stripe Treasury
Stripe Atlas
Stripe Capital
Stripe Sigma
Stripe Tax
Stripe Invoicing
Rationale
Ryft is a payment platform specifically designed for marketplaces and platforms, offering embedded payment solutions, automated split payouts, and compliance. It directly matches the core value proposition of Stripe, which is to provide payments infrastructure for businesses, especially those with complex payment flows like marketplaces. Ryft explicitly mentions features such as 'Accept Payments', 'Onboard Sellers', 'Delayed & Recurring' (which includes subscription billing), 'Split Payments', 'Transaction Monetisation', 'API-first approach', 'Payment Analytics' (dashboard & reporting), 'Strong customer authentication' (fraud detection), 'Vendor management' (onboarding sellers/KYC/AML), 'Self-service portal' (customer portal), 'Multi-currency transactions', and 'Webhooks'. The API reference further confirms the presence of payment processing, subscriptions, webhooks, accounts (for connected accounts/marketplaces), and customer management.
