Interested in partnering with CypherWorx? We offer the ability for a revenue share with transactions purchased in your site.
Overview
CypherWorx offers a revenue share option designed to support our partners in monetizing their content and expanding access. Here’s how it works:
- Revenue sharing can be applied to both individual course purchases and membership subscriptions that grant access to the site.
- The revenue share is distributed across all courses on the site; it is not currently possible to allocate revenue by specific course.
- A Stripe account is required to participate in the revenue share program.
If you’re interested in learning more or exploring whether this option is a good fit for your organization, please contact us to speak with a representative.
Setting Up a Stripe Account
CypherWorx currently offers revenue sharing only to organizations with an active Stripe account. Stripe is used exclusively for distributing revenue after purchases are made -- it does not function as the site’s shopping cart. All payment processing happens securely on the back end, with Stripe handling the credit card data directly.
To participate in the revenue share program, your organization will need to complete a few setup steps within Stripe to enable the connection.
1. Create a Stripe account: If you don't already have an account, sign up for a Stripe account at stripe.com
2. Complete Your Account Setup: After creating your account, visit your Stripe Settings page and ensure all required information is filled out. This includes adding your bank account to receive payments.
3. Create API Keys: To connect your Stripe account with purchases made in CollaborNation, you will need to create API Keys.
- In your Stripe dashboard, navigate to Developers > API Keys.
- Ensure “View test data” is toggled off. You’ll know it’s off if the Publishable Key includes the word “live” in the key string.
- Save both the Publishable Key and the Secret Key. These will be needed to complete your integration with the CypherWorx platform.
4. Enable Access to Raw Card Data APIs: To allow back-end processing between the CypherWorx platform and your Stripe account, you must contact Stripe Support and request access to raw card data APIs. This is outlined in their article Enabling access to raw card data APIs. Stripe must approve this access before your account can begin receiving payments.
- Contact the Stripe support team. Clicking on this link will fill out all fields except for the file upload.
- What do you need help with? Other
- What's your question? Request to enable raw card data APIs
- Tell us more—how can we help? I would like to request that Stripe enable raw card data APIs for my account. We are partnering with CypherWorx, whose LMS processes course purchases and shares revenue with our organization. As part of this arrangement, a single credit card will be used to make recurring payments to our account through backend processing.
- Upload a file: You will need to upload a copy of our PCI DSS Self-Assessment Questionnaire D. Contact us and we will provide a copy.
Connecting Stripe to CollaborNation
Once your Stripe account has been set up and configured, you can connect it to your CollaborNation site by following the steps below:
5. Notify CypherWorx: Let your CypherWorx representative know that your Stripe account is ready. They will update your site settings to enable revenue sharing.
6. Access Revenue Share Settings: As a site admin, go to Admin Tools > Revenue Share.
7. View Transactions: This page will display all transactions that occur after revenue sharing has been enabled.
- Historical transactions prior to setup will not appear.
- The page may initially appear empty if no new transactions have taken place.
- Clicking on a Transaction ID will show detailed information about that purchase.
8. Enter Your Stripe Credentials: Go to Update Payment Credentials and enter your Stripe Publishable Key and Secret Key.
9. Complete Setup: Once these steps are completed, your Stripe account will be fully connected and ready to receive revenue share payments.