#icurrytheteam
zenith lagoon
ebon turtle
You may refer to the account comparisons here: https://stripe.com/docs/connect/accounts#choosing-approach
lapis whale
Ok, so is there any documentation regarding pricing differences?
ebon turtle
Here's the pricing for connect: https://stripe.com/connect/pricing
lapis whale
Another question I have is that when users subscribe to vendors is there functionality so that I can take a portion of the payment? I understand that there is the "application_fee" field in subscriptions I believe, but I'd want the Stripe transaction fee to fall on the platform and not the vendor.
I ask this because Standard accounts use direct charges as to Express accounts which use destination charges.
Does this make sense?
ebon turtle
For direct charges are on Standard account, Stripe fee is on connected account: https://stripe.com/docs/connect/direct-charges#flow-of-funds-with-fees
For destination charges on platform, Stripe fee is on the platform: https://stripe.com/docs/connect/destination-charges#flow-of-funds-app-fee
lapis whale
Right, so can I use a destination charge with a Standard account?
That I way I can still collect my portion of the transaction all while making sure that the Stripe fee is on the platform?
I ask this because it seems that the reverse is suggested (destination charges for Express, direct charges for Standard)
ebon turtle
No, it's not recommended to use destination charges on standard account.
These are the recommendations:
- Direct charges -> Standard connected account
- Destination charges or separate charges & transfers -> Express and Custom connected accounts
lapis whale
May I ask why this is the case?
Just out of curiosity.
If this question cannot be answered, I understand.
But more importantly, may I add functionality so that a vendor may only withdraw their money under certain conditions? So like I can only payout my vendors during certain times or after a certain amount of money is made on their end?
ebon turtle
Connected account holds the liability with Direct Charges whereas platform holds the liability with Destination Charges.
Express has limited access to the dashboard that they can't perform actions such as refunds/disputes and many more with Direct Charges
Standard has full access to the dashboard, but Destination Charges limits the access by platform, so connected account also can't perform much actions to it as well
But more importantly, may I add functionality so that a vendor may only withdraw their money under certain conditions? So like I can only payout my vendors during certain times or after a certain amount of money is made on their end?
You can use manual payout in this case with your own conditions: https://stripe.com/docs/connect/manual-payouts
lapis whale
Ok, thanks so much.