#ChibiDragoon
1 messages ยท Page 1 of 1 (latest)
Hello ๐
- 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
stripe fee's for the first question
basically my client would not want to pay stripe fee's for a transaction that his client made
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.
so if I have a cancelation on the "sub account" the "master account" would have to pay the price?
by default
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.
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"
Are you asking if there are fees on refunds?
yes
I think so. Our team won't know a ton about that though
https://support.stripe.com/questions/understanding-fees-for-refunded-payments
Find help and support for Stripe. Our support center provides answers on all types of situations, including account information, charges and refunds, and subscriptions information. Get your questions answered and find international support for Stripe.
I'd recommend talking to our support team as they're experts on fees
https://support.stripe.com/?contact=true
Find help and support for Stripe. Our support center provides answers on all types of situations, including account information, charges and refunds, and subscriptions information. Get your questions answered and find international support for Stripe.
no issue :). I will take a look at the documentation that you gave me. Thank you.
NP! ๐ Good luck
thank you
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
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.
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
yup
thank you that helped ๐. 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
๐
Have en excellent rest of your day. ๐