#angel_azm
1 messages · Page 1 of 1 (latest)
Hi there, yes you can charge an application_fee on the connected account https://stripe.com/docs/api/checkout/sessions/create#create_checkout_session-payment_intent_data-application_fee_amount
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But for example I have a product that counts $100, so it would be $110 for the interest of using the platform,
from that $110 now the stripe fee will be deducted,
$110 * 0.032 + 0.30 = $3.82(Stripe) -> $106.18 (remaining)
$100(Seller) - $106.18 = -> $6.18 (remaining)
$6.18(my platform)
How should I apply the Application fee?
tried before with what you mentioned but can't get it to work the way I want it to
Is it a direct charge or destination charge?
currently what I do is that I send everything to the platform account and then transfer it to the seller
But I would like to avoid this because I always need to have enough money in my balance to make transfers
So I would like to make a direct charge, if I am not mistaken about concepts
OK, for Direct charge, the connected account is responsible for the stripe fee, disputes and chargebacks
https://stripe.com/docs/connect/direct-charges this is how you create a direct charge, note that it's recommended to use direct charges on Standard connected account.
and if I am using express accounts?
Then you should use destination charge. Just to clarify, the application fee that you want to collect is $10 + stripe_fee, am I right?
It is a percentage fee, which I want to absorb the stripe fee, my rate is 10%.
How common is it that the stripe fee is not the conventional 3%?
I'm unable to answer questions related to to fees, please reach out to Stripe support https://support.stripe.com/contact/email
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