#sleepy studio
1 messages · Page 1 of 1 (latest)
Hi again 🙂
Hi!
You can create separate transfers to Stripe Accounts that are in the same country/region. See: https://stripe.com/docs/connect/charges-transfers
So if that is true, then you could accept payments for one Connected Account and transfer some of those funds to another Connected Account
Even if the payment is coming from squarespace?
like all payments coming from squarespace will go to two different stripe accounts?
Squarespace is facilitating payments into your Stripe Account, correct?
yes
What if the stripe account was a connect or express account. So a percentage of each sale made to the account will go to the admin account (mine)
And the connect or express account will be the account connected to squarespace
Not sure I fully understand the model that you are proposing. But as long as funds are in your platform account, and you have a Connected Account in the same region/country, then you can transfer those funds to the Connected Account if you so desire
Here's the flow I'm thinking about...
- User places order through squarespace booking
- Squarespace sends order to stripe
- Stripe sends a percentage to my account
So if 2 is a platform account then it could transfer a percentage into your account in step 3
But you can't "pull" the funds to your account from the platform. The platform would have to transfer them
That process won't be able to be optimized with every transaction?