#imlost - escrow

1 messages · Page 1 of 1 (latest)

junior mulch
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Have you already started development? Like have you chosen a connect account type already?

keen snow
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We're thinking to use either Standard or Express account type.

junior mulch
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Ah ok cool. So to achieve what you want, you'll need to use either Express or Custom. With standard accounts, the charges would live on the connect account. With Express and Custom, the payment actually lives on the platform account, and a transfer is initiated to the connect account. To achieve what you want where a transfer would happen after a certain amount of time, you could use separate charges and transfers: https://stripe.com/docs/connect/charges-transfers

Creating separate charges and 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.

keen snow
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Okay, thank you!

junior mulch
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No problem!