#ChibiDragoon

1 messages ยท Page 1 of 1 (latest)

smoky palmBOT
smoky trellis
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Hello ๐Ÿ‘‹

  • Is it possible to have all costs from stripe be targeted to the connected account?
    Do you mean Stripe fees? OR any other fees?
  • Is there a way for when a payment is made that the "master account" take in the money and then is "given" to the "sub account" after certain amount of time?
    It is possible with Destination Charges and Separate Charges & Transfers flow
  • Can the amount given have a cut taken before giving it to the "sub account"
    Yes, you can use Application Fees or just transfer the amounts after deducting whatever amount you want

Would recommend going over
https://stripe.com/docs/connect/charges
https://stripe.com/docs/connect/destination-charges
https://stripe.com/docs/connect/charges-transfers

gritty hedge
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stripe fee's for the first question

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basically my client would not want to pay stripe fee's for a transaction that his client made

smoky trellis
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that's not something that we support by default on the API but you can calculate the application fee based on the Stripe fee you're expecting per transaction.

gritty hedge
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so if I have a cancelation on the "sub account" the "master account" would have to pay the price?

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by default

smoky trellis
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Not sure I fully understand. If you use Destination Charges OR Separate Charges and Transfers flow then platform is responsible for refunds and disputes yes.

gritty hedge
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I am making an air bnb clone and basically if the user wishes to cancel a month before the day the date where we would take the payment, we just wanted to know if there would be a fee related to the cancelation and if yes would it be charged by the "master account"

smoky trellis
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Are you asking if there are fees on refunds?

gritty hedge
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yes

smoky trellis
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I'd recommend talking to our support team as they're experts on fees
https://support.stripe.com/?contact=true

gritty hedge
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no issue :). I will take a look at the documentation that you gave me. Thank you.

smoky trellis
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NP! ๐Ÿ™‚ Good luck

gritty hedge
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thank you

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just to make sure, i will try to ask my first question in a different manner. If it's still unclear I will stop haha.

Can the fees be charged on the sub account instead of the master account so the master account dont have to pay for stripe fees

smoky trellis
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If you create direct charges, then the connected account is responsible for Stripe fees.
However, direct charges are created on the connected account. So, you won't be able to control the timing of "transfer" as the funds settle on the connected account.

https://stripe.com/docs/connect/direct-charges

gritty hedge
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ok so we cannot hold the payment if we want the sub account to make the payment but we can still take a cut on the transaction

smoky trellis
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yup

gritty hedge
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thank you that helped ๐Ÿ™‚. We will have to make the first approach bacause we really need to hold. We will need to add a "stripe fee tax" or something like that to counteract that fact then

smoky trellis
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๐Ÿ‘

gritty hedge
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Have en excellent rest of your day. ๐Ÿ™‚