#FindL - Connect

1 messages ยท Page 1 of 1 (latest)

vast oak
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HI ๐Ÿ‘‹

peak narwhal
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Hello ๐Ÿ™‚

stark kayak
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Hi. Sorry, I'm not sure I understand entirely

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Is part of this going to the platform and part of this going to the connected account?

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Can you be more specific?

peak narwhal
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Sorry (I'm bad with English)

We have 100$

10$ goes to application (fees - I know how to do this)
90$ goes to a connect account

With theses 90$ :
30$ are an advance, going directly to the connect account
60$ are "blocked" (on the connect account, but they can't withdraw to their bank account) <-- I want to do this
And of course, I want to call with API to unblock this amount, when I want (when the order is delivered for example)

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Is this more clear?

stark kayak
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That makes sense. No worries!

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So the best way to do this is to just take a larger application fee ($10 + the $60 that you want blocked). Then, when you want to unblock them, you initiate a transfer to their account for %60

peak narwhal
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Ok thanks ๐Ÿ™‚
But the 10$ + 60$ will be on the platform account, so they will be withdraw to the platform bank account, no ?

stark kayak
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Yeah. You would have to make sure your balance would cover the transfer

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You could switch to manual payouts perhaps

peak narwhal
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Hmm.. we have no other solution to achieve this? It's risky I think :/

stark kayak
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What kind of connect accounts are they (standard, express, custom)?

peak narwhal
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express

stark kayak
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Ok. Well the platform manages the payout schedule for Express accounts. You could just switch to manual payouts on the Express account and only pay out unlocked funds

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That would be a better solution i think

peak narwhal
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I will try this, thanks

stark kayak
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No problem