Choosing the best charging approach depends on many factors. With YITH Stripe Connect, you can use Direct Charges, Destination Charges, or Separate charges and transfers.
Refer to your platform profile to see your customized recommendation keeping in mind that both Direct charges and Destination charges apply only on specific conditions.
Direct charges allow making charges directly on the connected account and taking fees in the process. Conversely to Separate charges and transfers, the payment of the order will go directly to the account connected without being first received by the site/platform owner.
The payment itself appears as a charge in the connected account, not in your platform account.
This payment flow is mainly used when end customers directly make transactions with the connected account and are often unaware of the platform’s existence.
PLEASE NOTE – Direct charges work only with one single receiver and can’t be used with subscription-based products created with YITH Subscription, nor in a marketplace environment built with YITH Multi Vendor
Separate charges and transfers is the default payment flow. To use Direct charges go to YITH > Stripe Connect > Settings > Payment flow settings and select it from the dropdown in Alternative flow.
PLEASE NOTE – If Direct charges is not applicable, the system will fallback to Separate Charges and Transfers.
Since the transfer is made at the time of payment, Direct charges won’t allow using Delay settings.
For further details about Direct charges, please refer to Stripe documentation.
With Destination charges, you can create charges on your platform account, take fees, and then transfer remaining funds to your connected account. Destination charges are created on the platform, but as part of the charge operation, funds are transferred to the connected account specified in the parameter of the charge.
This payment flow is mainly used when end customers transact with the platform for products or services provided by a single connected account.
PLEASE NOTE – Destination charges work only with one single receiver.
Separate charges and transfers is the default payment flow. To use Destination charges go to YITH > Stripe Connect > Settings > Payment flow settings and select it from the dropdown in Alternative flow.
PLEASE NOTE – If Destination charges is not applicable, the system will fallback to Separate Charges and Transfers.
Since the transfer is made at the time of payment, Destination charges won’t allow using Delay settings.
For further details about Destination charges, please refer to Stripe documentation
With Separate charges and transfers, you can make charges on your platform account on behalf of connected accounts, perform transfers separately, and retain funds in the process.
This payment flow is mainly used when multiple connected accounts are involved in the transaction, or a specific connected account isn’t known at the time of charge, or transfer cannot be made at the time of charge.
For further details about Separate charges and transfers, please refer to Stripe documentation.
