Payment Overview for Requesters

Payment Overview for Requesters

Veriport uses Stripe Connect to securely manage payments for services ordered through the Network. As a requester (TPA), you’ll keep a credit card on file and be charged for each service you request from a provider (CSP). Stripe ensures efficient, consolidated billing while maintaining transparency across all transactions.

How Payments Work

  1. You securely store a credit card on file under Settings > Stripe Payment Management.
  2. When you request a service, the cost is authorized on your card at the time of order.
  3. Charges are batched and billed once per day, even if multiple services are ordered, to reduce the number of transactions on your credit card statement.
  4. Each charge includes both the provider’s service fee and the Veriport service fee.
  5. Funds are routed securely to the provider via Stripe after service completion.

Transparent Billing

  • You see the full cost of each service before confirming the request, including all fees.
  • Providers receive 100% of their listed service fee—Veriport's service fee is added on top.
  • Stripe processes the payment and delivers funds to the provider after completion.
  • Veriport's service fees includes all credit card transaction costs and deposit costs - no extra fees added.

Monthly Reconciliation

To support your accounting and compliance processes, Veriport provides a monthly statement summarizing all charges and services ordered during the month. This includes:

  • Service dates and locations
  • Provider names
  • Amounts paid and associated fees
  • Transaction summaries to match against your card statement

Benefits of Stripe Connect for Requesters

  • Secure credit card processing with PCI-compliant infrastructure
  • Reduced transaction clutter with daily batch billing
  • Detailed monthly statements to simplify reconciliation

Stripe Connect ensures a reliable, transparent, and efficient payment experience while allowing you to focus on managing testing needs—not billing logistics.

Additional information about Stripe Connect can be found here.

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