#ermagherd-connect-standard
drowsy crypt
Hey there
Yes the Standard Account can disconnect
But then they couldn't use the platform to process so they would need their own integration
And they could use their own integration (without platform fees) while connected to the platform as well.
chilly glade
Thanks for clarifying.
drowsy crypt
Sure thing
chilly glade
Example: A buyer makes a purchase from a store that is built on Shopify’s platform.
Shopify uses it? I think I got closed there once for listing a restricted item.
drowsy crypt
Sorry, can you clarify your question?
chilly glade
---Irrelevant.
As for Connect Express, I get platforms are liable for disputes and fraud. There can also be failed debit charges. If these incur, can fees be recouped from the user, like Stripe draws banks for negative balances?
drowsy crypt
Yes for certain countries we can debit the Connected Account: https://stripe.com/docs/connect/account-balances#accounting-for-negative-balances
chilly glade
A connected Standard account is always ultimately responsible to cover negative balances. For Express and Custom accounts, the platform is ultimately responsible to cover negative balances.
If a connected account balance is negative, Stripe debits their external account on file. This doesn't apply to Express and Custom users?
drowsy crypt
We can only debit Express/Custom in certain countries.
The above statement does apply to Express/Custom for those countries mentioned in the doc
This functionality works only for banks located in Australia, Canada, New Zealand, and the U.S. (Connect only supports auto debits for Standard and Express accounts in New Zealand.)
chilly glade
Makes sense -- thanks.