markymarkoffchain | Stripe Developers | Page 1

old notchBOT Aug 10, 2023, 2:51 PM

#

finite mango Aug 10, 2023, 2:51 PM

#

Are you referring to stripe transaction fees or application fees?

gaunt edge Aug 10, 2023, 2:52 PM

#

i m not sure the difference between those two

#

would you mind?

finite mango Aug 10, 2023, 2:52 PM

#

Application fees are a part of the transaction that the platform keeps

#

To take a portion of the funds out of what the connect account receives

#

Stripe fees are ones that stripe collects for processing the payment

gaunt edge Aug 10, 2023, 2:53 PM

#

right lets work on the case application fees = 0 and stripe fees is what i referred

finite mango Aug 10, 2023, 2:55 PM

#

Ok. Sounds like direct charges is what you're looking for then: https://stripe.com/docs/connect/direct-charges

Creating direct charges

With Connect, you can make charges directly on the connected account and take fees in the process.

gaunt edge Aug 10, 2023, 2:57 PM

#

thank you - then who will be response to receive the webhook about the payment status (success or failure

#

i guess the payment intent was created via platfomr account and pass it to connected for charge or ? settle ? in this case? @finite mango

finite mango Aug 10, 2023, 2:58 PM

#

Read the doc

#

It goes over what happens

#

Funds settle on connect account, but platform creates the charges directly on the connect account

#

You should still set up webhooks on the platform side

#

https://stripe.com/docs/connect/webhooks

Connect webhooks

Learn how to use webhooks with Connect to be notified of Stripe activity.

gaunt edge Aug 10, 2023, 3:03 PM

#

thanks it did mention about the refund but didnt mention the settlement and charge logics. The reason why i m asking is we are embedded insurance solution to partners - partners integrate with stripe and have stripe connect. Now they must pass 100% of insurance ce to us coz they are not eligible to collect them

#

so we need to answer the sequence of calls and if they are done asynchronously or synchronously

#

it affect the logic of confirming the insurance sales

#

in this case - Correct me if i m wrong, both charges and settlement happens in connected account- meaning connected account is eligble to receive webhook of payment success or not

finite mango Aug 10, 2023, 3:06 PM

#

yeah they can

#

but you as a platform should be handling that

#

see the connect webhooks doc I sent above

gaunt edge Aug 10, 2023, 3:07 PM

#

thanks the partner will be the platform - we as insurance embedded act as connected account to recevie 100% premiums

#

ahh sorry i didn't see that connect webhook page - it is clear now

#

one more question - the platform account also has visbility to retrive webhook to know the status of the payment_intenet right?

#

@finite mango

finite mango Aug 10, 2023, 3:12 PM

#

Yes

gaunt edge Aug 10, 2023, 3:13 PM

#

thank you

#markymarkoffchain