_Giulio - Settlement Currencies | Stripe Developers | Page 1

fallen tiger Sep 28, 2021, 5:34 PM

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Hello! We have documentation about currency conversions here: https://stripe.com/docs/currencies/conversions

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Does your use case involve Connect?

lunar glacier Sep 28, 2021, 5:36 PM

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Yes, but just from a side of the transaction.
User who pays with cc doesnt have connect
User who receives that cc payment does have connect

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These connect accounts are stnd ones

fallen tiger Sep 28, 2021, 5:38 PM

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This Connect guide to multiple currencies might be of interest as well, just in case: https://stripe.com/docs/connect/currencies

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And there's some ~new alternative currency information here as well: https://stripe.com/docs/payouts/alternative-currencies

lunar glacier Sep 28, 2021, 5:40 PM

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Let me check, thanks

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Let me make my scenario a bit more clear. I would be a platform who allows two kind of users: buyer and seller. We would like to make buyer able to purchase sellers product with cc, and as a platform we would take a fee from buyer cc payment to then send what remains to sellers bank acct. Would like to understand Stripe fees in the most accurate way. So that additional 2% occurs when buyer currency differs from the seller currency?
So if:
buyer card is european and he uses eur as currency -> fees = 1.4%
buyer card is european but he doesnt purch. with eur -> 1.4 + 2%
buyer card is not european and he uses eur as currency -> fees = 2.9%
buyer card is european but he doesnt purch. with eur -> 2.9 + 2%

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Is that a correct recap of all the possible scenarios?

fallen tiger Sep 28, 2021, 5:51 PM

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I wish I could help, but this chat is focused on developers and technical questions. All I know about fees are what's listed on our pricing page (http://stripe.com/pricing) and that currency conversions use a dynamic exchange rate calculated at the time of the conversion (this is mentioned in the docs I linked to above). Our support team will be able to assist you better than I can with fee questions beyond that: https://support.stripe.com/contact

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#_Giulio - Settlement Currencies