skylarblu4650 | Stripe Developers | Page 1

molten shoreBOT Nov 15, 2022, 4:21 AM

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hidden iron Nov 15, 2022, 4:21 AM

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Hi there, could you summarize your issue? I am happy to take a look

static siren Nov 15, 2022, 4:23 AM

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I have a platform that works this way: Customer purchases credits. customer uses the credits on services provided by services providers on my platform. My platform takes a cut from the fee paid by customer, and transfers the rest to the service providers. Given that both the the customer and service providers are using a card/have bank accts outside of the region of my cost center, I assume my platform has to pay the 4% Stripe connect international xfer fee twice. Is this true? Do the stripe fees outlined in attached pic hold true? Any tips and tricks for getting past this "double charge"?

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hidden iron Nov 15, 2022, 4:25 AM

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I don't think so. This chart doesn't looks correct to me (Customer won't have a Stripe Account at all)

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SO if you are using Customer Connected Account, most likely you will use Destination Charges, and its fund flow is here https://stripe.com/docs/connect/destination-charges You can see 2 "Flow of funds" patterns

Creating destination charges on your platform

With Connect, you can create charges on your platform account, take fees, and then transfer remaining funds to your connected accounts.

static siren Nov 15, 2022, 4:45 AM

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ah ok thanks

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but if lets say the connected account for the destination charge is unknown at the time of payment

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and users are "buying" prepaid credits

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and the customer and the connected accounts are both using international cards

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the 4% international card fee will be taken by stripe twice?

hidden iron Nov 15, 2022, 4:53 AM

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If you need to wait until later time to know the connected account, then there is Separate Charges and Transfers flow: https://stripe.com/docs/connect/charges-transfers

Creating separate charges and transfers

With Connect, you can make charges on your platform account on behalf of connected accounts, perform transfers separately, and retain funds in the process.

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I don't follow the logic why there would be twice the fee

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