#nanananabatman27
warm nebula
serene gorge
Hey Jack
So the system is an auction style system where a storage buyer user would make a bid on a storage unit, and then if they won the auction they would be charged, and then we would pay out that amount to the associated storage facility
US based to start
stark vale
Hi there, you can create a customer for user A, and a connected account for user B, so that you can use Stripe invoice to bill user A, and use funds transfer to pay user B.
serene gorge
We would also add a 10-15 % fee onto the total amount from user A
So the added % newco would keep
stark vale
Please note that user B needs to go through a identity verification process, this process apply to all connected account.
serene gorge
Understood
We dont want them to have to signup for stripe account tho
We want to keep them in the app
How would this be achived
Also we would bill user A a monthly subscription fee
Which platform (us) would keep
stark vale
They don't need to explictly sign up a stripe account from stripe.com, but they need to go through an onboarding process (see https://stripe.com/docs/connect/express-accounts)
You can use Stripe subscription to manage the the subscriptions for user A https://stripe.com/docs/billing/subscriptions/overview
serene gorge
Is there a more custom way of implementing it than express
So the user never leaves our app
sorry user B) never leaves our app
I guess "custom accounts"?
stark vale
Yes you can use custom account you can create your own onboarding flow if you want.
serene gorge
What do you see most companies using
custom or express?
Another question:: User A is billed a monthly fee (which we keep), Im assuming their card would be tokenized and we would just call stipe API for that subscription?
stark vale
https://stripe.com/docs/connect/accounts you can refer to this table to learn the differences among account types before deciding which one to go with.
stark vale
Another question:: User A is billed a monthly fee (which we keep), Im assuming t...
Yes, in fact if you use Stripe subscription, Stripe would automatically generate monthly invoices and there's also an option to bill the customers automatically.
serene gorge
Right but the theres 2 tupes of payments happening 1) a monthly subscription fee that the platform keeps, and then 2) The total value of the storage auction where 100% of that amount goes to user b, and then us (the platform) would also bill user a 10%
So we would only need to store the user As card once right, and then from there we can creare a subscription + one time payments
stark vale
Sure, you can use subscription + destination charge for the 2nd type of payment, so that you can take a cut from the transaction https://stripe.com/docs/connect/subscriptions#decide-between-direct-charges-and-destination-charges
serene gorge
Can we let user A pay for both the subscription and the one time transaction using their bank account?\
stark vale
By bank account do you mean ACH debit?
serene gorge
Yes
stark vale
Sure, you can use ACH debit for both subscription and ad-hoc payment.
stark vale
I don't see a problem with credit card either.
stark vale
No problem!
serene gorge
Jack another question. Some facilities (user Bs) have numerous locations. Would we need to have each one under a separate ID?
stark vale
Are these locations they entity registration locations, or operation locations?