#Geico-connect

1 messages · Page 1 of 1 (latest)

torpid nacelle
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Hi there!

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So you are a platform account, and want to create an Express connected account?

echo reef
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Kind of complicated haha, I am a platform account and I want to connect businesses to accept payments directly with a standard account. Those businesses also need to be able to pay out through express accounts.

torpid nacelle
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Oh so it's platform -> standard account -> express account?

echo reef
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Correct

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Programmatically I should add

torpid nacelle
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So just to clarify: platform (A) -> standard account (B) -> express account (C).
account B can create account C. But account A cannot create account C.

echo reef
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I could connect the standard accounts by on-boarding with an api key but that makes taking application fees difficult

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lol sorry this is kind of confusing I know

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To explain, I have a service that allows businesses to sell memberships to discord, Twitter etc but it also implements an affiliate program so influencers can be paid based on invites, conversions etc. So currently my architecture is connecting the businesses stripe accounts to my main platform then creating express accounts on the connected standard accounts. If you can think of a better way to do this I’m all ears

torpid nacelle
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connecting the businesses stripe accounts to my main platform then creating express accounts on the connected standard accounts
Yes that's not possible unless you use the standard account API key, which we don't recommend.
I would recommend to have both the Sandard accounts and the Express accounts directly connected to your platform. And then you manually create transfers to move funds to the express accounts.

echo reef
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So then I would need to process payments directly on my platform?

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if that’s the case, none of the customers etc would be available on accounts B so I would need a full dashboard and everything for them to manage users and subs

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Right?

torpid nacelle
echo reef
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Could this be extended to route say 20% of the payment to the express account?

torpid nacelle
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Not directly. You would use application_fee_amount so that the platform gets 20% (for example), and then create a transfer from the platform account to the express account.

echo reef
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So if we take 5% we would create an application fee for 25 percent then payout the express account from our platform account?

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One more question how would this work with subscription models? Only the first payment of the subscription goes to the affiliate

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would I need to handle off session payments myself?

torpid nacelle
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So if we take 5% we would create an application fee for 25 percent then payout the express account from our platform account?
yes that should work.
One more question how would this work with subscription models?
you can set a application_fee_percent, that will apply to all invoices. But you can update the subscription at any time to remove it if needed.
would I need to handle off session payments myself?
what do you mean?

echo reef
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Oh okay so just create the subscription with the application fee then remove the affiliate transfer down the line?

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I meant like process every payment monthly instead of using the subscription service