#slurp

1 messages · Page 1 of 1 (latest)

balmy gladeBOT
molten coyote
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Hello, what is your question?

halcyon jacinth
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hi so i am looking at this page https://stripe.com/docs/connect/currencies#separate-charges-transfers-on-behalf-of and am wondering 2 things

  1. when using on behalf of for separate charges and transfers, does it only affect the currency conversions or will the person being billed see the biller as my platform or the connected account? (i want it to be my platform but think i remember reading somewhere it was the connected account)

  2. if there are multiple parties that will be receiving funds from the charge, will on_behalf_of be able to handle that scenario? (for example: my platform charges the buyer $100 in USD. $90 is to be transferred to a connected account from france (uses euros), $7 is to be transferred to a connected account from australia (uses australian dollars) and the other $3 our platform keeps

Working with multiple currencies

Support processing charges in multiple currencies with Connect.

molten coyote
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  1. when using on behalf of for separate charges and transfers, does it only affect the currency conversions or will the person being billed see the biller as my platform or the connected account? (i want it to be my platform but think i remember reading somewhere it was the connected account)
    You are correct that it will be the connected account. Unfortunately it is not possible to still have your platform be the merchant of record while doing on behalf of as far as I know.
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  1. if there are multiple parties that will be receiving funds from the charge, will on_behalf_of be able to handle that scenario?
    Unfortunately not, on_behalf_of can only apply to one of those merchants so you would have to choose whether you want to collect as the platform, the french merchant, or the australian account in that scenario
halcyon jacinth
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got it. thanks for explaining, i appreciate your help