#kounterspell

1 messages · Page 1 of 1 (latest)

sweet locustBOT
mild needle
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No the refund won't be succeeded since the connected account's balance is 0

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Since it's a standard account, the account is responsible for the refunds, not platform.

frozen shoal
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in other words, this is only doable if the merchant transfer the amount back into the stripe acc

mild needle
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The merchant can also top up funds to their Stripe account through Dashboard.

frozen shoal
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couple more questions:

  1. are we able to set a custom payout schedule on merchant's acc, or even payout schedule on each transaction?

  2. if we as the platform decides to hold on to this amount and want to set a automated payout schedule to merchant's stripe acc if certain criteria is met, is this doable with Stripe Connect?

  3. we do not want to hold on to merchants money on the platform's stripe acc, but if we want to do a transfer + payout and also provide the freedom for our merchants to refund a custom sum according to their own refund policy, (also merchants bearing the refunding fees), is this doing with only Connect? or what other services within Stripe could achieve this goal? Connect + Pay Out?

mild needle
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  1. Yes, you can manage payout schedule, no you can't set a schedule for payout individually
  2. No you can't hold funds on direct charges created on a standard connected account
    3.You can uset Connect + Payout
frozen shoal
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1 - is this only doable on either express / custom? does standard allow that also?
2 - the funds always go into merchant's standard acc directly?
3 - would connect + payout work better for us in this situation?