#bkrnetic

1 messages · Page 1 of 1 (latest)

chilly lilyBOT
echo jolt
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Hi there 👋 I don't recall offhand whether capabilities can be provided for Standard Connected Accounts. I don't see a note on it in our API ref indicating it's only applicable for Custom and Express accounts, but it may be. Do you encounter an error when trying to set that field for your Standard Connected Accounts?

I would suggest onboarding those accounts as individuals/sole proprietor entities for onboarding, I don't exactly how that changes onboarding requirements as they also fluctuate based on other factors, but you can use this page to see what the requirements will be for each combination of factors:
https://stripe.com/docs/connect/required-verification-information

tame verge
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Yes, I am getting error when trying to set the capabilities via create account API endpoint.

When I go to Connect settings, I can see that Capabilities is set to Transfers, indicating that it is default and the only value for Standard accounts. Please can you confirm that?

echo jolt
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That's correct, if the API isn't letting you set those they'll need to be managed through the dashboard, and including Transfers is correct for Standard Accounts.

Platform controls are discussed a bit more here:
https://stripe.com/docs/connect/platform-controls-for-standard-accounts

The other key area you have to control features for your Connected Accounts is regarding their Payment Methods, which can be accessed from here:
https://dashboard.stripe.com/test/settings/connect/payment_methods

Manage more features on behalf of your Standard connected accounts with platform controls.

tame verge
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I am aware of payment methods and these are set up. Thanks for the confirmation about capabilities.

Btw the link for the requirements for each combination of factors that you have provided in the first response refers to Custom accounts and not Standard

echo jolt
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Those requirements are for all account types. That doc specifically talks to platforms with Custom Connected Accounts because those are the ones most likely to need to manage what fields are displayed in their onboarding flow.

tame verge
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Okey thanks, I will go through the docs you've provided.

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Btw, I forgot to ask, is business_profile' => ["mcc"] required for any kind of business type/entities?

echo jolt
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I don't think it's required, and believe that gets set as your user is going through the onboarding process and they inform Stripe of what they sell.

tame verge
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I've just noticed, might have overseen it before. Thanks toby, that would be all.