#wolfgrey-connect-pricing

1 messages · Page 1 of 1 (latest)

crimson pelican
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@rain briar That's how much funds are paid out to that connected account's bank account. And you would track this yourself based on how much funds you transfer to them

rain briar
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Ok, so we should just add another 1.5% after the fee has been deducted to collect all the fees at one time

crimson pelican
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not sure how you came up with 1.5% exactly. But really you would design your own pricing, you don't charge the exact Stripe fee, it wouldn't make sense

rain briar
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So we have a Shopify store, connected with Stripe. Every charge is going to the platform account, so we pay a fee here. For each charge, it's transferred to an express connect account, so the platform charges a fee (0.25% + A$0.25) of the charge. However, if I need to collect the (1.5% of debit volume) outlined in the pricing page (https://stripe.com/en-au/connect/pricing), I need to add that to the fee too.

crimson pelican
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correct but you want to add more than just our pricing. You want to cover the cost of doing refunds, disputes, fraud, etc.

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so really you want your own pricing for your own business, separate from Stripe's own pricing