#mike_docs
solemn hareBOT
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gilded reef
Yeah Direct Charges are for one single Connected Account involved and not two
You'll need to use Separate Charge and transfers in this case
nocturne orchid
can we combine both strategies? direct for b2c and separate for b2b?
gilded reef
Yes you can have both in the same integration
nocturne orchid
I mena we wanted to use direct charges to limit our responsibility. to my understanding using separate charges makes us "bank-like" organization as we receive the money for someone else and transfer it later. EU is preparing regulations for platforms regarding money management. Does the separate charge mean the transactions are separated? What does this require from us from the stripe setup?
This is how I understand it, am I correct?
gilded reef
Separate Charge and transfers are:
- 1 single charge/transaction
- 2 or more transfers
nocturne orchid
yeah, that is what I understand. my question is if we have to setup our Stripe Account with some specific settings when using the separate charges and transfers. Similarily when on-boarding of connected accounts is different country-by-country if we have to set something differently (specifically) when act as financial institution...?
gilded reef
Sorry not sure I understand your latest follow up questions.
Can you elaborate more ?
nocturne orchid
Give me a moment
solemn hareBOT
nocturne orchid
Great, I am back.
To be honest I don't know how to "correctly" ask 🙂 We are trying to choose the most secure (safe for us) among the implementation choices. Therefore we don't use STANDARD (neither EXPRESS nor CUSTOM) connected accounts as the responsibility of the validation is on your side which is a good value for us. For the same reason we wanted to use direct charges to minimise financial transaction issues - such as transfers. As there is no other way how to make the B2B schema work we become "bank-like" institution - from the legal perspective we receive someone else's money on our account. So the question is if the setup of our Stripe Account changes (like adding more specific information about us or commit to advanced guarantee such as allocate deposit to reserve fund, etc ?
stiff sun
this is not really an integration related question
we here on discord help developers with their technical questions
for this type of questions you need to contact https://support.stripe.com/?contact=true
nocturne orchid
so from the integration perspective we don't have to set anything specific to make the separate charges and transfer to work, right?
stiff sun
you need to first see which type of charges and which type of connected accounts you should use in your use case
this guide https://docs.stripe.com/connect/design-an-integration could help you determine that
nocturne orchid
well, we still want to use standard connected account (no change here), for B2C schema we still want to use direct charges - only for B2B schema we would have to use transfers (to my understanding)
stiff sun
we don't recommend using destination charges or separate charges and transfers with standard accounts
nocturne orchid
may I ask why?
stiff sun
you can read more here https://docs.stripe.com/connect/charges#types
nocturne orchid
so if the seller is registered with standard connected account to be just B2C seller and later decide to expand their business to B2B how can we switch the account type from standard to express (or custom if necessary)?
nocturne orchid
I see. and the B2B schema suggested settings are: CUSTOM or EXPRESS?
and SEPARATE CHARGE + TRANSFER is a must as I understand
stiff sun
express more likely
but again, if you go through the design integration guide I sent you earlier you can determine the requirements and make sure you're on the right track
nocturne orchid
I will. We've spent on the integration almost 2 years already so I am not a novice but the scope is huge
stiff sun
I'm not saying you are
I'm just saying that the guide will help you validate your choices
from a big picture perspective
solemn hareBOT