#riku_code

1 messages ¡ Page 1 of 1 (latest)

trim ibexBOT
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short pollen
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Hi, let me help you with this.

fathom nova
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I followed that link, but there is no possibility to sign up for Connect.

short pollen
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These are 2 separate questions:

  1. New Express accounts need to go through Stripe-hosted onboarding, a part of which is adding the payout method, like bank account.
  2. You need to go to your Dashboard and turn on Stripe Connect: https://dashboard.stripe.com/connect
fathom nova
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Is there anhy other way I can produce this scenario:
create the intent and save payment method for Buyer** <-done**
wait for Seller to reply if they still have the item** <-done**
If they still have it, confirm the Buyer's payment** <-done**
When Buyer aknowledges they have received the item, transfer funds to Seller, deducting our comission and shipping cost. <-do i need Stripe Connect?

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Oh, sorry. So this is for a consumer to consumer platform where they sell used items and the platform charges a commission

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Seller would have a form on their account in the platform to add credit card details. When the Buyer has received the items they mark their order as complete and then the uncaptured payment is captured and the sum - our commision is transferred to the Sellers card.

If the seller has not yet given their card details, we ask them to do so on their account on our platform.

short pollen
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<-do i need Stripe Connect?
Yes, you need Connect to pay out funds to third parties.

fathom nova
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OK. Does 1. in your reply mean, that each of the Sellers need to go through this onboarding? Or just us?

short pollen
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Each seller needs a Stripe account and needs to go through the onboarding.

fathom nova
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Ouch... Not very convienient then...

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What is the process exactly? Would they then have their own "dashboard" from where they can transfer the money or can we somehow do a direct transfer?

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From our Stripe account to their card?

short pollen
fathom nova
short pollen
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Generally, after onboarding your clients won't need to use any Stripe surfaces. Transfers (your Platform account balance -> their Connected account balance) will be managed by you, and Payouts (their Connected account balance -> their external bank account) can be automatic.

fathom nova
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OK. Thanks. I will look into this.

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One more thing. Where do we sign up for Stripe Connect?

short pollen
fathom nova
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Found it! I'll try to figure this out. Thanks