#shakyaabiral

1 messages · Page 1 of 1 (latest)

versed ivyBOT
cold plover
#

What's the account relationship between your account and partner's account?

#

Are they connected or two independent Stripe accounts?

marsh briar
#

two independant stripe accounts

cold plover
#

If they are two independent Stripe accounts, it's not possible to share any payment details/object between them

marsh briar
#

I was looking at stripe connect "Multiparty Payment"

#

is this an option?

cold plover
#

How is subscription payment collected now? Does it use Stripe's Subscription product [0] or create a payment method and charge to the payment method later?

[0] https://stripe.com/docs/billing

marsh briar
#

Create a payment method and charge the payment method later

#

we are using a third party platform for subscription management

cold plover
#

I see! In this case, Stripe Connect will work. There are two ways to do this:

  1. Create Destination Charges on the platform (your account) and include application fee (your service fee) to charge from connected account (partner's account). After the payment is completed, Stripe will transfer the amount after application fees to the connected account: https://stripe.com/docs/connect/destination-charges
  2. Create payment in the platform first and manage the transfer to the connected account on your own: https://stripe.com/docs/connect/destination-charges

Please note that above approaches are only recommended for created Express and Custom accounts: https://stripe.com/docs/connect/accounts

Alternatively, you can also use Direct Charges where the payment is on the connected account (partner's account) and collect application fees (your service fee) to your platform account: https://stripe.com/docs/connect/direct-charges