#Abishek
wind venture
Hello again
zenith niche
Hey
wind venture
Full Dashboard means they have the same Stripe Dashboard just like your direct account does
zenith niche
will they have all the parent data on it?
wind venture
No they won't see the platform's data
zenith niche
is there a demo page of what they would see?
wind venture
No not really. But you can test this all out in test mode pretty easily.
zenith niche
ok
if I setup an express account, is it necessary that I payout the merchants from the charges? or can I use account fund topups?
I don't want to associate merchant charges with the customer charges
wind venture
You can use top ups as long as you are a US-based platform
zenith niche
I want to keep customer charges separately and want to pay the merchants from the platform accounts funds at specfic intervals
wind venture
That's fine. You likely want Separate Charges and Transfers. See: https://stripe.com/docs/connect/charges-transfers
zenith niche
is there any limitations on who can hold a connected account?
for example, can a 10 year old have a connected account?
silent oreBOT
wind venture
That falls into regulatory stuff that I'm not very familiar with as I just focus on the API. I think there has to be some parent consent with someone under 18 but I'm not sure. You are better off speaking to our Support team about that via https://support.stripe.com/contact/login
zenith niche
ok, sounds good. thank you
For the Standard Connect Accounts is there an advantage to having access to the fullDashboard if I am only making custom transfers?
glad vortex
👋 catching up since my teammate needs to run!
zenith niche
The standard accounts are free that is an advantage from a platform's perspective. but not sure if there is any advantage for the merchant
glad vortex
Choosing the right account type really depends on who you want to be responsible for a few different factors. I recommend reviewing this table: https://stripe.com/docs/connect/accounts#choosing-approach
Standard accounts mean the merchant with the standard account will have a direct relationship with Stripe. If you'd rather they have a relationship with your platform only, you may consider Custom accounts instead
zenith niche
Well, the platform is paying the merchants through transfers and they have no association with the customers of the platform, so it doesn't really matter if the relationship is with the platform or stripe. The merchants don't have access to customer charges directly and they are not paid through the customer charges. The platform manually pays them through the API on a weekly basis
Would it still be OK to have the Standard Connect accounts?
I am just confused about choosing between Standard and Express.
Standard accounts mean the merchant with the standard account will have a direct relationship with Stripe. What exactly does that mean for the platform?
does it make sense?
I am skeptical about an additional charges for the connected accounts, because the platform will charge anywhere between $2- $5 for the customer, not more than that. The platform will just loose money on the fees for the connected accounts.
which is why I am thinking of sticking to Standard accounts
Still don't know if I am making the right choice
glad vortex
Got it. While it's not a hard and fast rule, we typically recommend choosing Standard accounts when you're creating charges directly on the Standard accounts themselves: https://stripe.com/docs/connect/direct-charges
This way, the Standard account has access to the Dashboard, any reporting, can view the list of charges, etc.
Standard accounts also give merchants access to their own set of API keys. This means they can also create Stripe integrations separate from your platform
to collect payments directly themselves
zenith niche
ok, that helps a bit. even though there are not going to be any charges, it would be helpful for the merchants to have their own API key if they wanted to build any integrations. but they will only receive payouts from the platform on their standard accounts and no other data will be present there.
The schedule on when the payout is being made to the merchants is still up to the platform right on a standard account if we choose to do transfers?
there isn't a hard rule about that correct?
also, are there any chances of Stripe blocking the App account if we choose the wrong integration type?
glad vortex
also, are there any chances of Stripe blocking the App account if we choose the ...
You mean, will we block the Platform from creating charges if you choose the wrong connected account type? No, as there's no strict "wrong" type to use
zenith niche
ok
i wanted to make sure of it, because if that is the case, I may need to think more, other wise its just a no brainer for now to just use Standard Accounts
I really appreciate you clarifying this
glad vortex
The schedule on when the payout is being made to the merchants is still up to th...
The platform can manage payouts for Standard accounts but this won't block the account from making their own payouts. I recommend reviewing this as well if you plan on going the Standard account route: https://stripe.com/docs/connect/platform-controls-for-standard-accounts
zenith niche
does that affect the reputation of the platform account if the standard account did their own payouts?
glad vortex
What do you mean by reputation?
zenith niche
if the standard account misuses or does anything wrong with their account, will that affect the platform account, just trying to cover the bases
lets say, they use their standard account to receive charges on their own app integration and if there are many refunds or chargebacks, will that affect the platform account?
glad vortex
Got it. No, that will be the responsibility of the standard account