#sinjon-account-countries

1 messages · Page 1 of 1 (latest)

turbid ember
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I believe you'd need a separate account (especially ifyou want to use your Canada tax ID)

proper sandal
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If I create a new account is there any way to connect it to our existing account? Basically are there any guidelines or tips for using more than one Stripe account at a time?

turbid ember
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It depends on what you mean by "connect" - what are you hoping to gain from the connection? Do you need to be sharing resources/customers?

proper sandal
twilit abyss
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There isn't one doc on "creating a Connect platform" but we do have a lot of good docs that lay out the decisions you will need to make and how to impliment them

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On top of the docs in the "Get Started" section, the "Choose your account type" is also a good overview of what kind of account you might need based on the functionality that you need https://stripe.com/docs/connect/accounts

proper sandal
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I see, so the idea is to set up our new Canadian business entity as a "Connected account" via Stripe Connect, almost like a subsidiary. Is there any downside to doing this instead of having two standard Stripe accounts in parallel?

twilit abyss
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Nothing I can immediately think of, there isn't so much a "downside" as Connect is more complex because you have extra behavior to consider

proper sandal
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Got it, and do you know how pricing works for that? With a standard account we'd have to get an entirely new plan for Canada https://stripe.com/en-ca/pricing. Not sure how that works with accounts created through Stripe Connect

twilit abyss
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I am not well versed on our connect pricing but you can ask our support team and they will be able to speak to that https://support.stripe.com/?contact=true

proper sandal
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Ok no worries, thanks for the help!

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Actually one last technical question:

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if we have multiple standard accounts is there any way to connect them to the same API keys we already use?

twilit abyss
proper sandal
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got it, but not possible with 2 standard accounts in parallel

twilit abyss
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Correct, that would only work with Connect

proper sandal
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ok great thanks!