#yahoo news - payout fees
vernal vessel
Hey there can you explain what you mean with an example? What are you trying to do?
thick bay
So let's say I want to allow the customer to cash out their instant_available balance of $4023.08, but if they want to cash out instantly ahead of the regular payout schedule managed by Stripe, I want to take out a 2% fee of the amount they wish to cash out instantly. So 2% of $4023.08 if they cash out fully.
Similar to the Application Fee here https://stripe.com/docs/api/charges/create#create_charge-application_fee_amount
But instead I want a fee taken from the Manual Payout, and transferred to my account (the owner)
So basically my "business" would make a 2% profit off every manual payout a customer initiates
vernal vessel
This is for a custom/express account, correct?
vernal vessel
So this isn't supported directly within the payouts API, but you can debit the account explicitly for fees/services provided by your platform: https://stripe.com/docs/connect/account-debits
thick bay
Ahhh okay
vernal vessel
in this case for example you could debit for the 2% amount you want to charge for that payout
thick bay
So I can allow the instant payout, keep track of the amount they cashed out during the payout, and then just use the API to debit them
basically it's just creating a charge and then provide source which is my customer's connect account id?
vernal vessel
yep, just make sure you either debit first or leave a suitable amount in their balance for you to debit after
thick bay
Hmm I see, so if they cash out $4000 for example, on my API I can take 2% of that ($80), so instead of creating a payout of $4000, it would be $4000 - $80?
So I can debit them $80 first then create a payout of the rest?
vernal vessel
Correct, or payout 3920 then debit 80 after, either way
thick bay
thanks a lot!
vernal vessel
NP!