We have a web-app (react based).
There are two sides to the app.
Can be thought of as an app where companies give tasks to individual talents, approve the payments and at the end of the month, the company gets a single monthly invoice and we take care of paying the talent in their preferred currency/payment method.
Apart from this service we provide these companies a lot of additional features (and hence charge a 3-5% markup on this transaction).
I'd want to discuss what will be the most optimum method since the margin is already really thin for us.
Example: Company has 5 talents and each talent is supposed to get $20 for this month corresponding to the task that they completed
Hence the total bill (invoice) that the company will get from us is $100 + markup fees of let's say 3% = $103
Our commission is $3 and remaining $100 will be split amongst the talents, who will get $20 each.
What we thought of presently is to use Stripe Connect for individual payouts and use the split payment functionality.
But the problem is to receive payments Stripe charges us an additional 2.9% + 30 cents, which will make this thing non-profitable for us.
Hence wanted to get some expertise because there are already softwares that have solved this and I was wondering how ?