#akashi_docs

1 messages · Page 1 of 1 (latest)

swift ruinBOT
#

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rugged wolf
#

hi there!

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I'm not sure I follow your question. do you want to know the Stripe fees for payouts?

royal swift
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Im just having trouble understanding how fees are calculated for connected accounts using the Standered + Destination Charge fund flow.

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Or perhaps I'm using the wrong setup?

rugged wolf
royal swift
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Yeah

rugged wolf
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if you are using Standard connected account, and not setting that parameter, then there are no payout fees.

royal swift
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So for example. Let's say a person is planning to pay the connected account $100, where the application_fee is %10 percent. In my understanding, of destination charges, the platform will receive 10 - 3.2 (stripe processing fee = 100 * 0.029 + .30) = 6.8. The customer will receive the $90?

rugged wolf
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yes

royal swift
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Last question about my current code,

const account = await stripe.accounts.create({
        type: 'standard',
        country: 'HK',
        email: userData.user.email as string,
        capabilities: {
          card_payments: { requested: true },
          transfers: { requested: true }
        },
        settings: {
          payouts: {
            schedule: {
              interval: 'manual'
            }
          }
        }
      });

This would still be considered a standard account right? Yet im getting strange "Stripe Fees" as shown above.

image.png
swift ruinBOT
rugged wolf
#

this would still be considered a standard account right?
correct

cinder lake
#

👋 taking over for my colleague. Let me know if there's any follow-up Qs I can answer!

rugged wolf