#vikash_03585
pearl imp
manic mural
So who is responsible for the $10?
uneven notch
user1 will get this as a commison in bank account. and the business would be left with $90.
manic mural
So it's just like a promo code, the customer pays on $90 instead of $100 ?
uneven notch
Customer pays full amount to business($100). Then the business would transfer commision to the users(in this case $10).
manic mural
You can only transfer funds to stripe accounts that are connected to your account.
Do you plan to onboard your customers as connected accounts?
uneven notch
No, customers do not have any stripe accounts as of now. They only have bank accounts and we need to transfer in the bank itself.
manic mural
Then there's no way to transfers funds to your cusotmers, unless they are your connected accounts.
uneven notch
Oh okay.
Can I create connected accounts for users in this case without notifying them.Will some info be required from their end to activate a connected account?
manic mural
No, your users need to complete the onboarding process (i.e., submit necessary doc) so that they can accept payouts.
uneven notch
okay.
Is there is limit on making connected accounts on stripe?As almost 90% of users that I have on my application will have a connected account if I go with this case.
manic mural
I don't see limits, but you might want to consider cost https://stripe.com/pricing
uneven notch
I can see there is no fee for "Standard" acconnts