Eran Mizrahi | Stripe Developers | Page 1

tepid terraceBOT Nov 22, 2022, 11:36 AM

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craggy fable Nov 22, 2022, 11:36 AM

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What kind of existing Stripe account do you have? What kind of Connect platform are you building?

gusty grotto Nov 22, 2022, 11:41 AM

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what do u mean?
donate through my website, and transfer this money to the other platform-connected account

craggy fable Nov 22, 2022, 11:43 AM

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Is it a standard Stripe account (which can be connected to multiple platforms)? https://stripe.com/docs/connect/accounts

Choose your account type

Learn more about the different types of Stripe accounts you can use with Connect.

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The easiest way to find out would be just to try and onboard it to the new platform

gusty grotto Nov 22, 2022, 11:48 AM

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i dont know how is it set on the other platform.
my platform i think it will be standard or express

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how do i connect the same account to my platform

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the only data i have from the other platform is
my account id: acct_XXXX

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is it option to start do a connect integration on test mode, before paying and having it on prod ?

craggy fable Nov 22, 2022, 11:52 AM

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You would use Account Links: https://stripe.com/docs/connect/standard-accounts

Using Connect with Standard accounts

Integrate with Standard accounts to get started using Connect right away, and let Stripe handle the majority of the user experience and user communication.

craggy fable Nov 22, 2022, 11:53 AM

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gusty grotto 2) is it option to start do a connect integration on test mode, before paying an...

Yep, of course. You'd use test data (here: https://stripe.com/docs/connect/testing) to onboard test accounts

gusty grotto Nov 22, 2022, 12:00 PM

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ok thank
so I just want to verify I understand:
the only data I need from the other platform is the ACCT_XXX ID,

now I need to implement Connect with a standard account
after that, I will be able to add/register this connected account from the first step, (only with the id above)into my new platform as a connected/sub-account.
after setting up, a user will be able to donate through my website, as part of the payment I will be able to add this connected account
and once the user pays the money will move automatically to the connected account
this connected account, which also exists on the other platform will be updated with the new balance?

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is this process sound resonable?

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edited above 🙂

craggy fable Nov 22, 2022, 12:08 PM

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There's a lot of questions there, let's start with onboarding:

the only data I need from the other platform is the ACCT_XXX ID
If you have a pre-existing Stripe account then you'd create an Account Link for the hosted onboarding using that acct_xxx ID yes

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As for payments and flow of funds, it all depends on the type of accounts you're connecting. If you're using standard accounts, then you'll process direct charges: https://stripe.com/docs/connect/direct-charges

Creating direct charges

With Connect, you can make charges directly on the connected account and take fees in the process.

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It's important to understand how these type of charges differ, as with direct charges the connected account (not the platform) is the merchant of record and thus liable for disputes, refunds, etc

gusty grotto Nov 22, 2022, 12:16 PM

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any effect on the UI while paying? I don't want any redirects, I want my user to pay and get a receipt from my platform.
what is the other option beside standard?
is it possible to pay into my platform account , and i will have a BE operation to payout money to this connected account?

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edited 🙂

craggy fable Nov 22, 2022, 12:18 PM

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If you want the platform to be the merchant of record, then you'd use Express accounts with destination charges

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I'd recommend reading all the documentation I've linked, it explains the key differences between Connect account and charge types

gusty grotto Nov 22, 2022, 12:19 PM

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thx 🙂
and regarding the second question?

craggy fable Nov 22, 2022, 12:20 PM

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It's all covered on the documentation. With destination charges, this is how it works:

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The transfer to the connected account is all automated, and then you can either configure automatic scheduled payouts to bank accounts or do them manually: https://stripe.com/docs/connect/manage-payout-schedule

Managing payout schedule

Manage the automatic payout schedule to your connected accounts.

gusty grotto Nov 22, 2022, 12:24 PM

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thx a lot it was very helpful

craggy fable Nov 22, 2022, 12:28 PM

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np!

#Eran Mizrahi