#XinJin - fees

1 messages · Page 1 of 1 (latest)

limpid bloom
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Hi there! Pasting your message below:

I am trying to understand when stripe charge the fee.
As I know, it charges the fee when deposit from card to stripe balance,
and payout funds from stripe account to the card.

cobalt mist
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Oh,

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So it is not related with development?

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I tried to build a tutoring system.

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So students pay a fee directly.

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tutors has connected stripe accounts.

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So

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the workflow

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student card -> platform stripe account -> tutor stripe connect account (part of that)-> tutor card

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student card <- platform stripe account( refund)

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In which process does the stipe charge fees?

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And how much?

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That is my question.

limpid bloom
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In which process does the stipe charge?
I'm sorry I don't understand your question. What do you mean by "which process" and "stripe charge"?

cobalt mist
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Several -> exist.

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I mean that as the process

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If he stripe charges fees or not

limpid bloom
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Got it. The main fee happens when the customer pays money to your platform. Then there might be additional fees depending on the type of connect account you use, as explained here https://stripe.com/connect/pricing

cobalt mist
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Ok.

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So,

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let's say that I use regular connected account

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In that case, there is no charges except the direct payment, you mean?