#Valendora-connect

1 messages · Page 1 of 1 (latest)

sinful totem
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Hey!

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Hey! Yep, that would be Connect that facilitates multiparty payments

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i.e. the customer books and pays, the platform facilitates the travel with third-parties (and takes a 'fee')

pallid lance
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Yup. It's pretty much it 🙂
Is Connect free?

sinful totem
pallid lance
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There is no third-party per say, the customer books and pays (1) which means the platform holds the fund, then after the trip has ended, the platform would send the amount of advances of costs the creator of the trip paid (2)

sinful totem
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platform would send the amount of advances of costs the creator of the trip paid
To who?

pallid lance
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To the creator of the group

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So yeah that would be (3) I guess

sinful totem
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Ah, yeah that's not really Connect then

pallid lance
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How would you do then ? lol I know it's a bit complex

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Thank you for helping me out

sinful totem
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I'm not really following the business model

pallid lance
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Okay I'll try to explain with a basic Example

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You want to go to let's say California, but you want people to be with you.
You set up an account on the platform and create a group of 4 people max. (describing the destination, the activities, prices etc..).

If people want to go with you, they simply book their place, the platform charges them, holds the funds.

You would need to advance the costs of the trip for the whole group, if it's $1000 for a person, you advance $4k for everyone, and after the trip has ended, you would be refunded 3k by the platform,

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I hope It's clear enough 😅

sinful totem
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So I as the creator of the group pay $1000 for each guest that comes, they pay their own $1000. I'm then refunded $1000 for each guest that comes after the trip

pallid lance
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Yup

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I do not think of it as a good business model personnally, but it's my client's need ..

sinful totem
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Yeah, there's nothing overly complex about that. The issue you might have is incremental auth

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i.e. I initially sign up and there's me + 1 other. You place a hold/auth for $2000. A week later, another 2 sign up. You need to incrementally increase that hold/auth to $4000

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Or are you talking an actual charge/refund?

pallid lance
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I think it's an actual charge

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The way I handle it right now is charge/refund

sinful totem
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How do you handle the situation I described?

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What part are you struggling to fit into Stripe?

pallid lance
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Completely stuck to be honest.
I managed to charge the user that books, but I'm having a hard time figuring out how to send the money back to the creator of the group

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I'm using Laravel Cashier, don't know if it's of any help..

sinful totem
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but I'm having a hard time figuring out how to send the money back to the creator of the group
Well you'd just refund that initial payment

pallid lance
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But the refund is based on a payment intent right ?

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So calling refunds on the user's payment would mean refunding the user and not the creator, except if I can set a "destination" to the refunds ?

sinful totem
sinful totem
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refund the creator for the advances.

pallid lance
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Yes that's the point, I want to refund the creator for what he paid for. So out of the 4k example, I would need to refund him 3k if it's a group of 4 people in total

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But I saw on the stripe api that I can't set a destination to refunds since they're based on the original payment which would be the user that booked his place

sinful totem
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Sure, so of the $4000 you'd just to a partial refund of $3000 on that associated Payment Intent

sinful totem
pallid lance
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Because the whole payment (4k) would be handled outside the platform, the platform only connects the users together

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And makes the participants pay for their place

sinful totem
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Got it. You can create an unlinked Refund from the Dashboard now

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And the API for that is in beta

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Which would just refund $X to Y card

pallid lance
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Perfect ! I think it's exactly what I need

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I'll check on that thanks a lot for you time and patience 😅

sinful totem
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You should contact support about that beta: https://support.stripe.com/contact

Stripe: Help & Support

Find help and support for Stripe. Our support center provides answers on all types of situations, including account information, charges and refunds, and subscriptions information. Get your questions answered and find international support for Stripe.

pallid lance
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Can you send me a link to that beta api please ?

sinful totem
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You can't see/use it without access

pallid lance
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Ow I see

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Does it cost an extra Stripe fee to use it ?

sinful totem
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Nope

pallid lance
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Ok thanks 🙂