What does the term 'Connect' in Stripe primarily facilitate?

The term 'Connect' in Stripe primarily facilitates marketplace and platform functionality, enabling businesses to build a variety of payment solutions that involve multiple parties. When using Stripe Connect, platforms can manage complex payment workflows such as splitting payments between multiple vendors or service providers, onboarding new users with customizable verification processes, and providing detailed reporting and analytics for all transactions that occur through their platform.

This functionality is especially beneficial for businesses that operate as marketplaces, where they need to facilitate transactions between buyers and third-party sellers or service providers. Connect allows seamless integration for these types of operations, allowing platforms to handle everything from payment acceptance to disbursement for their users. This makes it a powerful tool for entities that aim to create a collaborative economy or multi-vendor environments.

The other options focus on more specific functionalities that do not encompass the broader capabilities that Connect provides for platforms and marketplaces, hence they do not capture the full scope of what Connect is designed to do.