#SimonDFFOO-help
vague moss
Hello, I might be referring to Stripe Connect here as in my understanding, the Stripe Account (top left) is a legal entity right? or I might be wrong? Do enlighten me as for the Stripe Connect Accounts is different from the platform account itself
brittle reef
maybe you can tell me more about your business also, that'll help me better understand
vague moss
So for my business, on my use-case, we can have a client platform as a sub-account and that will be it's own account where we are the merchant.
and setting up the different sub-accounts is which I think I might be refferring to "multiple accounts" here
brittle reef
to clarify, what are you selling, why do you need sub accounts?
vague moss
Specifically, our business provides Ad services to publishers
and we sell to US but also in Sweden as well (and many more countries, but I will just give 2 country examples here), so 2 different countries having different Stripe accounts for this purpose is what I'm trying to explain
brittle reef
so if i understand this correctly, your company has multiple entities which are based in different countries. You want to know if you should set up a separate Stripe account for each entity, or should you use Connect and have one Platform account to manage all your entities as connected accounts under it?
vague moss
Yes, that's my question, and what is the best route or practices under this use-case? many thanks!
brittle reef
how many entities do you have approximately?
vague moss
We can stick with the example of 2 countries, as I also need to confirm with my team on how many entities we will be setting up. But for now, let's just say 2 countries
brittle reef
~~I would say go with setting up separate Stripe accounts. Connect is usually used for these use cases : https://stripe.com/docs/connect~~
vague moss
What's the reason why setting up separate Stripe accounts is the best route? Could you explain a little further or give an example so I have more context on it?
brittle reef
i think you need to look at it from the other angle. Why do you want to use Connect?
I think one good use case for using Connect is for example :
You want to allow (and this is a common use case for your business) Customers to be able to reuse the same PaymentMethod on a different entity. What will happen is that you would collect the PaymentMethod on the Platform, then clone it to the connected account - https://stripe.com/docs/payments/payment-methods/connect#cloning-payment-methods
vague moss
That is much appreciated. Thank you for the help!
brittle reef
sorry, it's a bit difficult to advise without detailed information about your business and use cases. Maybe it would help you decide if you listed down some use cases, and then see how you would perform those actions on separate Stripe accounts, and if you were using Connect instead.
vague moss
It's alright. There's that one use-case, the setting up of account for each of the entities with the multiple accounts functionality