#l0rd_connect-subscriptions
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twin river
That's up to you really, depends how you want to reconcile your funds, both options just work
l0rd_connect-subscriptions
grand marlin
I guess is there pros and cons to either? I am doing one time payments via invoices as well as subscription payments (still via invoices I guess)
twin river
https://docs.stripe.com/connect/destination-charges?platform=web&ui=stripe-hosted#collect-fees I recommend reading this, it has 2 tabs, one for each option
grand marlin
also how do I do the number in transfer data? Would I go 1.8 for 1.8% or .018 or 18 etc
twin river
1.8
grand marlin
is my platform going to have to be paying the stripe fee or will it automatically be subtracted from the amount the connect account is receiving? I guess what order do the funds get subtracted in?
nvm
twin river
with Destination Charges you always pay the Stripe fee (and future refund and dispute fees)
grand marlin
ok so I should factor that into the amount we're taking so 2.9 + 1.8 + 30 cents?
if we want to take 1.8 at the end
twin river
yes
though the Stripe fee depends on many factors, payment method types, currency, other features used. So it's not just 2.9% + $0.30
so really you should be having your own pricing orthogonal to the Stripe one
grand marlin
is there a good spot to find those different amounts? We are on an alternative fee structure i just don't know what it is lol
twin river
not possible you'd have to ask support I would say: https://support.stripe.com/contact
grand marlin
Does stripe take their platform fee at the same time that I'd take mine?
So say for a $100 purchase I say $94.7 goes to the user on my platform through the destination amount,
stripe then takes $3.3 from that (assuming 3% stripe fee for this example) and I keep the remaining $2 from that. is that accurate or am I misunderstanding?
twin river
yes it's accurate and what is on that screenshot you shared
grand marlin
sick thanks man