#afro0110
1 messages · Page 1 of 1 (latest)
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- afro-connect-accounttypes, 3 days ago, 16 messages
When I am onboarding the users in laravel I am using this:
$account = $this->getStripe()->accounts->create([
'type' => 'express',
]);
Is there anything else I'll need to change?
I am guessing the Product/Price creation is going to work the same way it worked before
Hi 👋 you would change your code to change the type of Connected Account that it creates.
Depending on the charge flow you're using, you should also consider rearchitecting your payment flow.
so basically instead of type 'express' I would use 'standard'
When working with Standard Connected Accounts, we recommend using Direct Charges instead of Destination Charges.
Yup
One quick question
will the vendors directly receive the money
making them liable for taxes
I am talking about using the Standard account
I think we are using destination charge.
Then I would suggest consider moving to Direct Charges. I'm also a little unclear on what you mean by "vendors directly receive the money". It'll still go through Stripe, but if you switch to Direct Charges the payments are processed directly on the Connected Account. I have no sense of how that impacts tax liability, I would suggest speaking a certified tax professional who is familiar with jurisdictions where you'll be operating for that advice.