#jakel - Connect Transfers
heady pebble
Thank you. For further context, we are using Separate Charges & Transfers
forest basin
Gotcha. Are you using on_behalf_of?
heady pebble
Hmm, perhaps not
We should just pass the {{CONNECTED_STRIPE_ACCOUNT_ID}} in when creating the payment intent?
forest basin
Yes that's correct. Also here's the section within our "Working with multiple currencies" page that describes how on_behalf_of affects currency: https://stripe.com/docs/connect/currencies#separate-charges-transfers-on-behalf-of
heady pebble
Got it, that is helpful thank you
sounds like once we add the on_behalf_of we should all set
forest basin
No problem. Happy to help! That should work for your use-case. You can give it a go in test mode
heady pebble
There would not be any harm in using on_behalf_of for all of our connected accounts, correct? Even if we are FR Platform paying out to a FR Connected Account?
forest basin
That depends on your integration. Here: https://stripe.com/docs/connect/charges-transfers#on-behalf-of it's important to note that To use the connected account’s country and value for the delay_days parameter, and to display their information instead, use the on_behalf_of argument. , so the main thing to note here is the connected account's delay_days parameter will be the one used
If that's fine with you, then there shouldn't be a harm
Also the connected account's info will be displayed on the customer's credit card statement with on_behalf_of.
heady pebble
Got it, thank you
Yes, we certainly want the connected account info to be displayed on the customer's credit card statement
we live behind the scenes 😎
forest basin
Ah then on_behalf_of is exactly what you need then
heady pebble
how does this differ from customizing the statement descriptor?
forest basin
I believe it's just that the descriptor explains the charges, while on_behalf_of sets the merchant to that of the connected account
heady pebble
interesting. does this impact anything other than the content that is displayed?
severe rivet
Hello! I'm talking over for @forest basin. Yes, on_behalf_of does impact more than just the content that's displayed. The documentation linked above talks about the details, but using on_behalf_of changes the merchant of record for the transaction, so it's a significant difference.
heady pebble
Can you explain a bit more of what "merchant of record" means and what that impact?
severe rivet
All the details are in the docs. All the information there is important, so you should read through all of it rather than have me summarize and leave something out. If you have any specific questions about what you find in the docs I'd be happy to help if I can though!
heady pebble
Of course. I am only seeing this info tho:
so like where it says "to display their information instead" - what is the "information" the docs are referring to?
severe rivet
The information about the charge visible to the person paying.