#fazilhussain015

1 messages · Page 1 of 1 (latest)

quartz birchBOT
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Hello! We'll be with you shortly. Below are links to other discussions we've had with you in the past week in case you want to review that information. If your question is related to one of these previous discussions, please provide a comprehensive summary of the current state and what you need help with now. We help many users simultaneously, so a summary allows us to resolve your issue as soon as possible.

stuck agate
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hello! Who will appear as the merchant on the customer's bank statement? The connected account or the platform?

simple condor
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i did not get your point

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actually the platform will recive the funds from users and will hold it.
after deducting platform fees will payout to the connected accounts.

stuck agate
simple condor
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i think in the destination charge we need to create a connect account for the payers also im right ?

stuck agate
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the folks who make payment are typically what we term Customers. You don't need to create a connected account for the Customer

simple condor
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Okay, for the destination charge, we had only associated a connect ID with the receiver who has not yet completed the onboarding process. If someone wants to send funds, how will this be handled?

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And in the other scenario, if the destination charge is completed, how many days will it take for the connected customer to receive their payments? Alternatively, can we create a manual delay?

stuck agate
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Okay, for the destination charge, we had only associated a connect ID with the receiver who has not yet completed the onboarding process. If someone wants to send funds, how will this be handled?

If you want to accomodate users who may not have registered for a connected account yet, you'll probably want to use Separate Charges and Transfers instead : https://stripe.com/docs/connect/separate-charges-and-transfers

Learn how to use Connect to create charges on your platform account on behalf of connected accounts, perform transfers separately, and retain funds in the process.

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And in the other scenario, if the destination charge is completed, how many days will it take for the connected customer to receive their payments? Alternatively, can we create a manual delay?

You can read more about how to manage the payout schedule for connected accounts here : https://stripe.com/docs/connect/manage-payout-schedule I'd recommend you reach out to Stripe Support - https://support.stripe.com/contact who can advise you about the payout schedule in detail for the different types of charges and countries. We mainly help with developers who want to integrate directly with the Stripe API here on this channel so we aren't so familiar with that aspect of payouts in detail

quartz birchBOT
simple condor
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Thanks, I'm working with APIs, and I'll read it out. If I have any questions, I'll reach out to you.
Before closing this chat, I want to know one more thing: if I go with a separate charge, is there any API that Stripe offers that can collect information about the payments from my platform and then automatically create payments to the connected accounts ?

crisp meteor
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collect information about the payments from my platform and then automatically create payments to the connected accounts ?
that's what Destination charges do, but in the gneral case of multipe transfers from one payment, no, that is logic you build into your platform.