#abhi0162003-connect
1 messages · Page 1 of 1 (latest)
sure, that is possible. You should start by reading through our docs on Connect! https://stripe.com/docs/connect/
Okay checking it.
I checked it and it provided that feature, but it didn't clarify when the user had made the payment, and the vendor has not completed work, meantime where will the amount will be saved, and how much it can be held unless the work is completed and amount needs to be distributed in percentage among admin and vendor.
https://stripe.com/docs/connect/manual-payouts covers a way you can hold funds and pay them out later
okay thanks checking the same.
Hi, I checked the pricing structure, just to clarify in the example if, if 100 USD amount is split, how much be the stripe fee, will it be 3.20 or 6.80?
Reference"
https://stripe.com/docs/connect/charges-transfers
where are you getting those numbers (3.20 and 6.80 ) from , exactly?
please check this
you can check this link also :https://stripe.com/docs/connect/charges-transfers
the Stripe fee is 3.20 in that example.
6.80 is the overall amount your platform makes, after you pay the Stripe fee, and transfer 90 to the connected accounts. (100 - 90 - 3.20 = 6.80).
Hi, My case is a little different just want to confirm that in this case too I will get the same 3.20 deducted:
Example: An order of 100 USD has been placed by the user for house cleaning, the person went and completes that work, so the working professional will get his 80 USD, rest 20 USD will be sent/kept for platform/admin.
Hi, My case is a little different just want to confirm that in this case too I will get the same 3.20 deducted:
Example: An order of 100 USD has been placed by the user for house cleaning, the person went and completes that work, so the working professional will get his 80 USD, rest 20 USD will be sent/kept for platform/admin.
3.20 is just Stripe's processing fee.(e.g https://stripe.com/us/pricing), 2.9% + 30¢ for instance, for $100 that is $3.20.
rest 20 USD will be sent/kept for platform/admin
you keep it, minus the Stripe fee, so in that example you end up with $16.80 instead of $6.80 as in the example in the docs
can this commission can be split equally ( I mean that can this ((2.9% + 30¢)), or total 3.20% can be divided equally from 80USD and 20 USD for each part of the share?
no, you(the platform) pays the fee.