#inexorable-deposits-question

1 messages · Page 1 of 1 (latest)

gray grail
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hello, can you clarify in more detail? like who are you collecting payments from, where are those funds expected to go? To you? or to vendors? etc

atomic oak
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A typical transaction might include an amount for a normal public ecommerce tx (sale or hire fees) along with a returnable deposit charge paid against the hire of equipment.

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When the hired equipment is returned in good condition, the money is returned.

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Ideally though, a "holding" or "reserved funds" mechanism would be used so that the deposits aren't all processed as costly refunds.

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I understand Stripe has the ability to reserve funds (for a short period) but the length of hire (and therefore the length of holding the funds) might be as long as 30 days.

gray grail
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I recommend talking to the Stripe Support team at https://support.stripe.com/contact , they can help you with those questions and what fund flow you need to use and whether you need to use Connect or not

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