I'm building a platform where users are meant to receive payouts. However, the current option using Stripe Connect mandates a company registration number, which is a significant hurdle for individual users without a registered business. Is there an alternative method, akin to Stripe Connect, that enables individuals to get payouts, regardless of their business status, and also supports users from multiple countries?
hey, maybe try payoneer? i dont hv used it personally but heard ppl use it for independant payouts in multiple countrys. might be a good workaround if stripe is too strict.
I encountered a similar issue while exploring payout solutions for a platform with independent users. After some research, I found that Hyperwallet and MangoPay offer alternatives that may suit individual users without traditional business registration. From my investigation, these gateways appear to support multiple countries and provide a more flexible setup compared to the strict compliance issues of older systems. Although they still require certain verification details, the overall process is much more accommodating, making them practical options for platforms targeting a diverse, international user base.