#ferdi.stz

1 messages · Page 1 of 1 (latest)

kindred wedgeBOT
marsh plover
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Hello 👋
No, there's no way to "absorb" the fees or pass it to a diff account. With destination charges, the fees would be deducted as soon as the funds settle.

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But its only legal in some jurisdictions

minor oar
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So Stripe_Processing_Fee is automatically deducted when a payment takes place using stripe and it is deducted from that exact payment.

I don't want either the customer nor the connected account to pay any fee but me as the platform. I can achieve this for the application_fee but not the stripe_Processing_Fee?

Sorry if this is a bad question, just trying to confirm my assumption and very new here

marsh plover
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Correct. The workaround would be to use Separate Charges and transfers
https://stripe.com/docs/connect/separate-charges-and-transfers

Once the payment settles on the platform, you can look at the fees that were charged + the original payment amount and create a transfer for the total amount to the connected account.

This would deduct the total amount from platform balance (including the fees)

So for example,
The payment was for $100
The fees that were charged $3

Platform received $97

You create a transfer for $100 to the connected account

minor oar
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Thanks for the clarification!

marsh plover
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NP! AFAIK there are no fees for the transfer so the connected account would receive the full amount.

Our team on discord won't know a ton about fees so I'd recommend double checking with our support team just to be 100% certain
https://support.stripe.com/?contact=true