#frost-connect-fees

1 messages · Page 1 of 1 (latest)

neat shardBOT
pine dawn
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stripe must deduct some charges for payout right?

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Onboarding, verification and compliance, Funds routing and platform management, Payouts these charges

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@pine dawn

pine dawn
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No sorry you are not answering my question.

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direct charges

pine dawn
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Okay then your platform takes a fee from the charge but the funds settle in the Connect Account's balance during the payment

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so are custom users charges any fee for active account?

pine dawn
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Also you should not be using direct charges for custom accounts

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And it is up to you as the platform to add your fee

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custom user buys a google subscription and the money is creadited to my personal account from where i do a bces_debit for strip i create a paymentintend. once i recieve money i payout it to another custom account

pine dawn
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That is not direct charges, that sounds like separate charge and transfers. Could you please review the Charge docs I linked and clarify which type you are using?

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pine dawn
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That isn't the doc you want to read

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Also your language is confusing. the Customer "pays the charge".

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let me rephrase it

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The questions I have are very simple
•⁠ ⁠there is a fee that Stripe charges for each active user of Custom Stripe account? How does the payment gets processed for this? Does the stripe deduct the payment from available balance or the payout for that user?
•⁠ ⁠⁠The other doubt is regarding the payout fee. Lets assume we are paying out to a Custom Stripe account user based in Australia, how much fee will be deducted? Can you provide the information with breakdown? Also who bears the charge?

pine dawn
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These fees are collected from the Platform Account. You can see exactly how they are collected by reviewing the Funds Flow diagrams for the proper Charge Type you are using.

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can you explain what do you mean my platform account

pine dawn
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The platform account is the Stripe Account you use to create the Custom accounts

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Payout fee will also be borne by Platform account???

pine dawn
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This server is focused on helping developers code integrations with Stripe APIs. if you would like more details on how Stripe fees are assessed I recommend you reach out Support https://support.stripe.com/contact