#marius_code

1 messages · Page 1 of 1 (latest)

ocean lionBOT
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plush lava
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So, basically what i want is need to payout my driver every monday from my main strip account.

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if need to add more deatils we can add but no need to add the onboarding process.

cedar prism
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without onboading process can we make payout?
No, you cannot make payouts without completing the onboarding/verification process for connected accounts. Even if you have all the driver's bank details, Stripe requires identity verification and regulatory compliance (KYC/AML) before enabling payouts. This is a legal requirement, not just a Stripe thing.

plush lava
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can we make this process automatically. bcz its feeli occward to send the driver to make the onboarding process.?

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bcz we are genrating the onboarding link and we are sending them to fill and make verification. that process i need to do automaticaly.

cedar prism
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can we make this process automatically. bcz its feeli occward to send the driver to make the onboarding process.?
Hmmm, the most automated way is that you can choose to use custom connected accounts instead of express, this means that you (the Platform) supply the driver's bank details yourself, and other documents like identity document verification (passport/ID).

plush lava
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this is my code and i have use the express when create the account. can you please help me to do this bcz i don't want manual process and how you will complete the KYC process when we do auto matically

cedar prism
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Let me clarify, your driver (the connected account) will need to have their own Connected Account in order to receive Payouts.

Onboarding + Verification is necessary to create a Connected Account

You can either:

  1. Create an onboarding link for your driver, for them to onboard and upload documents themselves

  2. Upload those documents youself, but this would mean, you as the platform account would have to collect and ask these drivers for details themselves

Option 1 is easy because you just send them a link and they onboard themselves, Option 2 would require more "manual" work from you to get their documents,

plush lava
cedar prism
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am i right ? there is no automatic process or api we have base on that we can compete this stuff automatically from our side?

If you choose to create the onboarding link for them, then Stripe handles the onboarding. I believe thats the most automatic it can get.

See below:

Use Stripe-hosted onboarding if you want Stripe to handle onboarding and reduce the amount of effort for your platform.

docs: https://docs.stripe.com/connect/onboarding#stripe-hosted-onboarding

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am i right ? there is no automatic process or api we have base on that we can compete this stuff automatically from our side?
Could you clarify what exactly you mean by automatic process?

plush lava
cedar prism
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i can do that automatically
What do you mean here by you can do that automatically? Do you mean you just want to upload the bank details and then the payout gets sent to the Driver?

plush lava
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yes

cedar prism
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Is your platform account based in the US or UK? From my understanding of the code, it is based in Italy?

plush lava
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From my understanding of the code, it is based in Italy?
yes, its Italy

cedar prism
cedar prism
plush lava
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ok

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I want to implement an express checkout feature. Is it possible to automatically deduct a commission from each payment, send the remaining amount instantly to the driver’s account, and transfer the commission to the main platform account?

Also, in this setup, would the driver still need to complete an onboarding process?

cedar prism
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send the remaining amount instantly to the driver’s account
In order for the driver to receive the amount, they would need a connected account, so yes, they would still need to be onboarded to Stripe as a Connected Account.

ocean lionBOT
plush lava
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And how much commission you will take for this

forest folio
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hey there - taking over as my colleague needs to step away

plush lava
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how much is the commission for 1 ride 100€?

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like what is your commission here?

forest folio
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I'm afraid I'm not able to advise on this, since the Connect fee depends on your Connect setup and configuration, and we're not pricing experts in Discord

plush lava
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what is strip fees per 1 ride.

forest folio
plush lava
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when we are doing on boarding at that time do we need to make any payment???

forest folio
plush lava
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sorry can you please give me littel brif on this

forest folio
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the fee for Stripe Connect is monthly and is calculated based on the number of payouts processed + number of active accounts

if an account doesn't receive any funds, and isn't 'active' (i.e. didn't receive any funds in that month), then there's no fee for that account

plush lava
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do you know any percentage ??

forest folio
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again, it depends on your configuration:

-if you control pricing for your connected accounts: (€2 per active account monthly) + (0.25% + €0.10 per payout)

-if Stripe manages pricing for your connected accounts: No extra fee to you