#Adil kadiyawala
worthy wing
keen rapids
What is your question?
opaque valve
For example a customer checkout an order with $100.
I have to transfer 99% to connected account and 1% to platform.
so $99 will be credited to connected account and $1 will be on platform.
For above logic I have append the "application_fee_amount" and "transfer_data" to params array of PaymentIntent.
like this :
$params['application_fee_amount'] = 1%;
$params['transfer_data'] = [
'destination' =>'acct_1Lu8osSCDjYrgfYo',
];
So is this a correct way? and what about the stripe fee? Stripe fee will be deduct from main platform amount? from 1%?
scenic sigil
Hey! Taking over for my colleague. Let me catch up.
scenic sigil
According to your use case, I assume you are using destination charges, in this case your platform account is accepting the payment from the customers.
So is this a correct way?
Yes
what about the stripe fee? Stripe fee will be deduct from main platform amount? from 1%?
Your platform account is the one accepting the payment, so Stripe Fees will be deducted from your platform balance/from the 1%
opaque valve
Okay so How can I get the Stripe fee in the payment intent object before the place order?
Or I want to deduct that Stripe fee from whole 100% amount instead of 1% amount. How can I do this?
scenic sigil
Actually Stripe fees are deducted from the account who is accepting the Payment. In your case the platform account who's accepting the Payment. The 100% amount is 99% for the connected account and 1% for the Platform account. So the fees are deducted from the 99% or from the 1%, what do you mean by deducting the fees from 100% of the amount ?
finite escarp
👋 taking over for my colleague. Let me catch up.
opaque valve
Okay
finite escarp
it's not a matter of 1% or 99% you shouldn't think of it this way
instead you should think of who is paying what and getting what
as my colleague explained in destination charges the platform pays the Stripe fees
opaque valve
means?
I am using test mode currently and I tried to checkout 5 times so what I see that application_fee_amount was deducted from total amount perfectly means 1% and 99% scenario work good but in main platform account I found balance is in negative figure.
finite escarp
I found balance is in negative figure.
exactly why I said don't think of deduction from 1%
opaque valve
so that means Stripe fee was taken from 1% amount right?
finite escarp
it's more you have to pay the Stripe fees so the fees will be deducted from your balance
regardless of how much you earn from that transaction
opaque valve
Okay but we need to deducted that stripe fee from connected accounts
so what i need to do for that?
finite escarp
what is the type of your Connected accounts? Standard, Express, Custom?
finite escarp
there are a couple of solutions/workarounds here
opaque valve
Yes please suggest
finite escarp
I think the best would be to do separate charges/transfers for one reason and I'll explain why but in the meantime would you mind taking a look at this https://stripe.com/docs/connect/charges-transfers
opaque valve
Okay let me look at it
finite escarp
this explains how to take the Stripe fees into consideration before doing the transfer https://stripe.com/docs/connect/charges-transfers#collecting-fees
opaque valve
To use Separate charges functionality I need to create a functionality after placing an order
finite escarp
yes that's true
opaque valve
using unique transfer_group right?
finite escarp
you can use webhooks
finite escarp
using unique transfer_group right?
I don't follow
opaque valve
How can I get transaction Id?
opaque valve
I think this is the suitable for our requirement:
https://stripe.com/docs/connect/charges-transfers
first I will transfer whole amount to platform and after place an order I will transfer 99% amount from it to connected account
finite escarp
and then you can deduct the Stripe fees from the 99%
so collect 100% and transfer 99%-Stripe fees
opaque valve
Okay thanks