#masudrhossain
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• masudrhossain, 4 days ago, 6 messages
dusk knot
Hodling the funds in your platfomr account is fine as long as you adhere to our general guidelines here (https://stripe.com/docs/connect/account-balances#holding-funds).
hollow harbor
Do you have a recommendation on a way that's easier than i described?
Also, what will happen if the connect account doesn't have the money in it to do the transfer?
dusk knot
Ah, I assumed you had worked through all of your funds flows already - are you intending to do direct charges or destiantion charges? I assume that you wuoldn't do a separate transfer through the API and instead you'd take an application fee (if using direct charges) to autoamtically transfer a larger amount back toy our platform
hollow harbor
Direct charges. We have the connect accounts oauth so we got their access tokens. We don’t take any fees. We just facilitate the payments and they pay a SAAS fee while using their own stripe connect accounts.
Oh okay I think I get what you’re saying.
So when the charge happens, take the referral fees from that charge and move it to the appropriate place.
dusk knot
Yes, set an application_fee with the charge (which will transfer those funds to your platform). Then your platform is free to transfer those funds to the referrer/referred accounts
That's the only way I can think of getting this to work because we don't offer any other way of transferring funds from a standard account back to th eplatform
hollow harbor
Oh that’s a very simple way to do it then. The only issue I foresee is if the seller sets the reward to $200 and the charge is less than that.
dusk knot
Yeah, you'll have to decide how to manage edge cases like that on your end ( set limits on what the charge can be based on the reward or somethign along those lines)
hollow harbor
That's the *only* way I can think of getting this to work because we don't offer...
I’m a stripe platform and the sellers are connect accounts on it. So that means I CAN do an application_fee, right?
dusk knot
Correct! application_fee is meant to be used in your scenario (platform accuont with standard connected accoutns doing direct charges)
hollow harbor
And once I take the application fee, I track it on our database to see who it should go to and what amount. And once those people add their stripe connect accounts for payouts, I send it. Nice. Love it thanks Karbi