#CR
compact portal
dusty sinew
But probably our Support team if it is specifically about the calculation versus how the API works here
But let's not get ahead of ourselves! Pose your question and I'll help if I can
wraith anvil
its specific about how much fee will be if a transaction of $100 is made with a card from EU for a connect account whose settlement currency is GBP while the Stripe PLatofrm is in US
there is a standard 2.9% + 0.30 fee on each payment
- 1.5% bcz card is from eU
dusty sinew
Have you read through https://stripe.com/docs/connect/currencies yet?
wraith anvil
yes i have.
dusty sinew
Okay that doc will explain how the different integration paths are affected by FX
But the best thing to do here overall is to test this out
dusty sinew
Sure thing
wraith anvil
one more question
on the connect pricing, it says on each Transfer there is an extra 2% fee if their is currency conversion
so, e.g. there is a product costing 100 GBP
someone buys it, so charge is in GBP
meaning stripe will convert it to USD (hence the currency conversion fee of 1% will be applicable)
and then 90% of it is gone to a destination, whose currency is GBP. So will stripe convert once again GBP to USD and will charge 2% again?
also, do we see Fee/Payout etc. using test Keys?
coz if yes, i can just try all scnearios out
dusty sinew
So that is where the above doc comes into play and indicates whether FX will occur multiple times.
You will see the FX fees in test mode yes.
The actual fee amount won't be listed but it is baked in to the conversion
wraith anvil
it is baked in to the conversion
what do you mean
dusty sinew
The conversion includes that extra % fee
So the conversion rate would include the conversion fee
It isn't broken out separately
wraith anvil
i see