#loopadoo

1 messages · Page 1 of 1 (latest)

viscid bridgeBOT
rain herald
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Hello

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Yes that's possible

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They just would need a different email/phone combo to do this

gleaming fractal
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@rain herald Is there a way to bypass the need for two emails/phone numbers?

We need this for regulatory purposes - we need to send earned funds to one account while charging our vendors fees from a separate account. Basically, we can't debit fees from the same place we transfer funds.

Is there an easier way to do this?

rain herald
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Custom accounts would be the easier way then

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In that case you control everything so the Connected Account user doesn't create a login with Stripe

gleaming fractal
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but a custom account would still be a single source. Say we transfer our vendor $250, they need to be able to transfer that amount in full to their bank account (or trust account).

We'd then need to charge our fees from their separate business operating account.

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With a custom account, are we able to say "Transfer $250 to this account and charge $50 from this other account"?

rain herald
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Yes

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You would have two custom accounts

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However, what I would actually recommend here is just charging your users as a Customer

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Instead of charging them as a Connected Account

gleaming fractal
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Thanks! You've definitely provided food for thought.