#mysticgroot

1 messages · Page 1 of 1 (latest)

hidden havenBOT
tidal storm
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Not sure if I follow you correctly, but the payout comes from the Stripe balance of the Connected Account to their bank

void nymph
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Yes. Payout charges comes from?

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If I am transferring from Stripe Connected Account to bank, will the payout charges be deduced from connected account balance before transfer?

tidal storm
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Sorry you may be mixing up multiple terms. Payout is different than charges and transfer.

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Payout is deducted from the Connected Account balance

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Charges often refer to the transaction you takes fund from the Customer to Stripe balance

void nymph
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Yes where will be the payout charges be deduced from?

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payout charges of 0.25% + 0.25

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0.25% + 0.25 - where will this be deducted from?

tidal storm
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Ah I see what you mean by Payout charges

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it will charge the Platform balance AFAIK, but it's better to get clarification with Stripe Support