#jakes_path
1 messages · Page 1 of 1 (latest)
hello! you'll probably need to use Connect then - you can take a look at the guides here to see which use case works best for you as a starting point
Yes I’m familiar with connect but I have not found an answer as to my specific question.
what's the question specifically? you mentioned your use case, but there's no question in there
Is there a way for each waiter/waitress to receive their tip into their own fund account (e.g. bank account) when using stripe? If so, does this require each waiter/waitress to have their own stripe account?
yes, you would need to setup a connected account for each waiter/waitress, then transfer funds from the original payment to their connected account
What is the pricing for having an account for each waiter/waitress? Each location may have 10 waiters/waitresses and if we scale that could become very expensive I imagine.
https://stripe.com/connect/pricing - you might want to look at this page. Standard connected accounts doesn't really fit your use case, so you would want to use either Express or Custom connected accounts
So if that waiter/waitress makes the transaction from their own stripe connect account, the tip can get directed to their fund account automatically (a.e. no legwork needed)?
is it a single waiter/waitress per payment? or there might be more than one waiter/waitress?
Also, is there a plan that does not charge for every new account? The plans I looked at seem to all charge per new account.
actually, ignore what i said about Standard connected accounts doesn't really fit your use case, Standard connected accounts could work for you too
Excellent question. Just one waiter/waitress per transaction.
Okay, I think this is my last question. ^
hrm, not really for your use case, i think using destination charges makes sense for your use case, and for destination charges, you would typically use either Express or Custom connected accounts
So the only reason for me to open an account for each waitress/waiter would be for them to be able to automatically receive their tips into their respective bank account. Is there a way to not have to pay for a new account for all waiters/waitresses (we expect to eventually have thousands of waiters/waitresses, so this would really add up) but still have the waiters/waitresses receive their tips into their respective bank accounts?
I'm afraid no other way to do it except for setting up connected account for each waiter/waitress
I see. Thank you.