#smaak_best-practices
1 messages · Page 1 of 1 (latest)
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Yes you can achieve that
However there is a limit to hold funds in Stripe Balance Account
Is it a time limit or amount of funds?
Oh okay. well it's maximum of week that it would be held
After that there should be a refund if no service was provided
If you can't guarantee to process the order in those limits period.... one option is to collect/save the payment method (e.g. using SetupIntent) and then charge the payment method off session once the order is processed (but you can't garantee the funds are always available)
One other workaround, is to keep the funds in your Platform Stripe Balance and payout it to your platform bank account.... add funds (top-ups) to your platform balance from your business bank acocunt (https://docs.stripe.com/connect/top-ups) to covert the transfer to your Connected Accounts once the order is processed
Alright thanks mate. I am more confused about the payment to multiple connected accounts. Do I first do the payment to my platform and then transfer from there to the sellers or do I right away transfer to the sellers and delay the transfer somehow? And then trigger it when the service is done?
Do I first do the payment to my platform and then transfer from there to the sellers or do I right away transfer to the sellers and delay the transfer somehow?
In your case I think the best option, is to collect the payment by your platform account and then make transfers to your connected accounts
Okay I guess that makes more sense👍
Happy to help!
"In most scenarios, your platform and any connected account must be in the same region."
This might be a problem because my app is global🤔
My platform is in finland
You can use on_behlaf_of I think then, that could fit to your business need
https://docs.stripe.com/connect/separate-charges-and-transfers?platform=android#settlement-merchant:~:text=However%2C some platforms have connected accounts that interact directly with end customers instead (such as a storefront on an e-commerce platform)