icurrytheteam | Stripe Developers | Page 1

hushed apexBOT Jan 6, 2023, 2:29 AM

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ivory helm Jan 6, 2023, 2:29 AM

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Hi there, is it a direct charge or destination?

sand condor Jan 6, 2023, 2:29 AM

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Destination

ivory helm Jan 6, 2023, 2:30 AM

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For direct charge the connected account is responsible for the stripe fee. For destination charge, the platform pays the stripe fee.

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And Stripe doesn't charge for payouts.

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This is the flow of funds https://stripe.com/docs/connect/destination-charges#flow-of-funds-app-fee

Creating destination charges on your platform

With Connect, you can create charges on your platform account, take fees, and then transfer remaining funds to your connected accounts.

sand condor Jan 6, 2023, 2:31 AM

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Ok, so this much I understand. However, if I have a subscription and I want to take X% using the application_fee field in the API, how can I make it such that Y% goes to the vendor's connect account (or rather is such a thing possible)?

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Ok, thanks so much. Seems like this is exactly what I want. I just needed a confirmation.

ivory helm Jan 6, 2023, 3:05 AM

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You can use application_fee_percent to take percentage of invoice subtotal as application fee (https://stripe.com/docs/api/subscriptions/create#create_subscription-application_fee_percent)

Stripe API reference – Create a subscription – curl

Complete reference documentation for the Stripe API. Includes code snippets and examples for our Python, Java, PHP, Node.js, Go, Ruby, and .NET libraries.

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