#abhi0162003-connect

1 messages · Page 1 of 1 (latest)

elfin rover
terse whale
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Okay checking it.

terse whale
elfin rover
terse whale
terse whale
# elfin rover https://stripe.com/docs/connect/manual-payouts covers a way you can hold funds a...

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

With Connect, you can make charges on your platform account on behalf of connected accounts, perform transfers separately, and retain funds in the process.

elfin rover
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where are you getting those numbers (3.20 and 6.80 ) from , exactly?

terse whale
terse whale
elfin rover
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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).

terse whale
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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.

terse whale
elfin rover
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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

terse whale
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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?

elfin rover
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no, you(the platform) pays the fee.