#Wizardy

1 messages · Page 1 of 1 (latest)

winged baneBOT
upper olive
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Hi there

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Are your Connected Accounts going to be in the same country as your platform?

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Or international?

devout onyx
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At the first time yes. US-US

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And this use case for delayed execution applicable just for US-US

upper olive
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So you would take the payments in your platform and then transfer when you are ready

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The other option, as you mentioned, is to set the Connected Accounts on manual payouts and control when you actual payout the funds from their account

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Then you could use Destination Charges if you prefer that route

devout onyx
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Oh, okey possible two solutions)) thank you!

upper olive
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Sure!

devout onyx
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How I Can calculate stripe fees?

upper olive
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Ahead of the charge?

devout onyx
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Ahead of the transfer?

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Or fees only collect from customer charges?

upper olive
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Yep no fee on transfer

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But there will only be a processing fee on the actual charge

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Not the transfer

devout onyx
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Okey,

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So in example above, i am using the stanrd pricing 2.9%+0.3cent

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Sorry, it okey

upper olive
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Yes that is what will be the processing fee for a charge

devout onyx
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I looked to another amount 👌🏻

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And one more qust, I can use at the same time several ways to use destination charges and separate?)

upper olive
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Yep you can use them both if you want

devout onyx
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Nice thk 👍🏻

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When I use a manual payout, can I set programmable available amount for payout, without making payout to bank account?)

sudden talon
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Hi there đź‘‹ jumping in as my teammate needs to step away.

without making payout to bank account
Can you elaborate on this part of your question? Payouts are the objects created to move funds from a Stripe available balance to the bank account associated with that Stripe account, so it's not possible to create a Payout that doesn't move funds to an external bank account.

devout onyx
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I found!

Escrow has a precise legal definition and Stripe doesn’t support escrow accounts. However, Stripe does provide escrow-like behavior through manual payouts. This gives you influence over payout timing, with the ability to delay payouts to Express and Custom accounts for up to 90 days; though, for the US, the delay can be up to 2 years.
Manual payouts can be used as an alternative to escrow when there may be a risk of a delayed delivery, or if there’s the possibility of a refund being needed.

sudden talon
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That looks like a paragraph from our documentation, do you have a question regarding it?

devout onyx
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Clearly I understand that I can’t set a programmable available amount for payout after connected account received that amount.

sudden talon
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Sorry, I'm still trying to piece together what you're asking. Are you asking if it is possible to use automatic payouts but configure them in such a way that the Connected Account will always have at least a certain amount of funds remaining in their Stripe account balance?

devout onyx
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Yes, for example at the time my users have some payments which are available after he got on connected account, and can be amount that I Need to be unavailable for payout due to deferred execution by connected account

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For example: tip’s received for services available immediately, but another services which doesn’t provided yet, but already payed by user need to be unavailable for payout.

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And I Can do that logic by my side, or set an amount to be unavailable for payout.

sudden talon
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You will need to build the logic on your side and use manual payouts, there is no way to prevent automatic payouts from paying out the entire balance that Stripe considers to be available.