#kiss-connect-destination
plush junco
trim smelt
kiss-connect-destination
@neon herald https://stripe.com/pricing this covers all our pricing
neon herald
<@277925081957793792> <https://stripe.com/pricing> this covers all our pricing
That's not clear to me.
If you create Express accounts for all the sellers, the pricing is then?
- $2 per monthly active account
- 0.25% + 25¢ per payout sent
These 0.25% are applied to what amount? The initial 10$ charge?
trim smelt
no the total amount that would be paid out in the end
so after the Stripe fee and the ApplicationFee
neon herald
In the meantime you have these information about ACH:
ACH Direct Debit
- 0.8% capped at $5.00 for standard settlement
- 1.2% for two-day settlement
- $1.50 per instant bank account validation
We charge $4.00 for failed ACH Direct Debit payments and $15.00 for disputed ACH Direct Debit payments.
We should then add these fees to the transaction?
trim smelt
yeah that's up to you. Usually the pricing is something you would design separately from our own pricing
neon herald
yeah that's up to you. Usually the pricing is something you would design separat...
Yes but we need to include the calculation in the NodeJS backend to launch our paymentIntent.
The $0.64 in the example is called a payout ?
neon herald
the $8.77 is the payout then?
The rule 0.25% + 25¢ per payout sent would be apply to these $8.77 ?
trim smelt
The $8.77 is what is left inthat account net in that balance
and later it will be paid out
neon herald
and later it will be paid out
And then the rule 0.25% + 25¢ per payout sent will be applied to these $8.77 ?
trim smelt
when they are paid out yes
neon herald
Still with ACH, when you use transfer_data destination in paymentIntents, do you always have payout fees that apply?
trim smelt
sorry I think you're really looking at this wrong
1/ You accept a payment for $X. Stripe will take a fee on this and give the net to you. You can transfer part or all of that to a connected account
2/ Separately, an account builds up a balance over time and gets a Payout when they want to get those funds out of Stripe. That also has its own separate fee.
neon herald
Oh! Thank you for clarifying, I didn't get that payout part at all.
I will read more into it 👍
trim smelt
The problem is that you think about it as a 1:1 mapping between a payment (customer paying) and a Payout (connected account receiving the funds)
In most cases, a connected account will get multiple payments the same day. And also some Refunds and some Disputes.
And this is all bundled into a Payout daily or weekly
So if you say charge $100 five times you get 5 * $96.8 (card payments) but if you also refund a previous payment for $300 you will not net out $87.2 and that's what would be paid out and the fee would be taken on that amount
And then the connect fee is taken once a month per active connected account
so really you can't model this as a 1:1 price. You have to have your own pricing. The same way you don't charge your customers per email you send or based on the resource they cost you on AWS or something
neon herald
You are right, it makes sense.
Why a Standard account is free versus an Express for example?
Does that change anything from a dev point of you regarding this type of destination charge transactions?
trim smelt
they are different products and they have different pricing.
And if you use Standard accounts you would never use Destination Charges. You'd use Direct Charges (https://stripe.com/docs/connect/direct-charges) and you don't really control their balance or their Payouts, it's between them and Stripe usually
neon herald
Got it.
For Direct Charges I see that it is only for Card Payments
https://stripe.com/docs/connect/account-capabilities#card-payments
Can you please confirm that it works with ACH Debit from the customer to the seller?
trim smelt
it works for all payment methods, the same way Destination Charges do
neon herald
Great, thank you for your help!
trim smelt
sure thing!