#dhaval_api
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fair lotus
Hi
I want to take money from customer and then after i will cut my application fee and i need to transfer that money into vendor account.
is this kind of support provided by stripe? And also for above transaction if i cancel order then refund money to the customer
odd hazel
hi there!
if you want to send money to someone using Stripe, you have to use Stripe connect: https://docs.stripe.com/connect/how-connect-works
fair lotus
it is instantly transfer to vendor account?
odd hazel
I recommend first reading the link I shared to better understand how connect works
fair lotus
and also what about refund process?
odd hazel
again, please read the link I shared.
fair lotus
in connected account we need to store seller bank details?
and also is there was any api with use of we can transfer connected account money to seller
?
odd hazel
in connected account we need to store seller bank details?
yes people you want to send money to will need to have a Stripe account with their bank details
and also is there was any api with use of we can transfer connected account money to seller
I don't understand what you mean. who is the "seller"? is it a connected account?
fair lotus
when payment received it is directly going to seller account or for that we have to call some API?
PaymentIntentCreateParams params = PaymentIntentCreateParams.builder()
.setAmount(10000L) // $100.00
.setCurrency("usd")
.setPaymentMethodTypes(List.of("card"))
.setApplicationFeeAmount(1000L) // $10.00 platform fee
.setTransferData(
PaymentIntentCreateParams.TransferData.builder()
.setDestination("acct_1ABCDEF...") // Connected account ID
.build()
)
.build();
PaymentIntent paymentIntent = PaymentIntent.create(params);
from above example payment go to direct seller account or not?
which was added in connected account
odd hazel
from above example payment go to direct seller account or not?
this is a Destination Charge, and yes the amount will be automatically transferd to the connected account