#actual-left-shark_best-practices
storm rainBOT
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urban quartz
By the buyer, do you mean the connect account holder? Or are you referring to the customer making the purchase?
patent pawn
Sorry, I meant the customer making the purchase. I want to transfer the fee to my customers buying goods on the platform , and not the connected accounts so that the connected accounts can essentially have āzero selling feesā.
urban quartz
Gotcha. Yeah, see: https://support.stripe.com/questions/passing-the-stripe-fee-on-to-customers
patent pawn
Ughh.. thank you! Idk how I missed this! Helpful formula too.
If I could ask a follow up though: Iām still validating the business, so in the end I may end up charging the āsellersā (connected accounts) a fee as well. I see with connected accounts there is a 0.25% fee/payout (plus the $2/mo fee for active accounts). My goal is to have 2 tiers of connected accounts on my platform - a Free tier and a Premium tier (where this is paid via a stripe subscription monthly). Is there a way to add a fee (from my end) when they withdraw the cash from their connected stripe account to their bank (to cover the 0.25% stripe transfer fee), or is the best place for me to apply this āfeeā is when the money is flowing into their stripe account using the āapplication_fee_amountā from the payment intent api?
urban quartz
You could either handle this via application_fee or you could create a customer on your platform to represent them and collect a payment method from them and attach it to that customer. Then you can charge it
We have a minimum charge of 0.50 though
patent pawn
Gotcha, thanks a ton for the help! Makes perfect sense
urban quartz
No problem