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Stripe
Stripe
Stripe
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@stripe

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StripeVerified account

@stripe

Stripe is a global technology company that builds economic infrastructure for the internet. Status updates at @stripestatus.

San Francisco, CA
stripe.com
Joined January 2010

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    1. Dav‏ @dav2070 Feb 20
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      • Report NetzDG Violation

      Hey @stripe, as Transfers between Accounts in different countries are not possible, what is the recommended way to transfer money? e.g. from a platform account in Germany to a connected US custom account.

      1 reply 0 retweets 0 likes
    2. Stripe‏Verified account @stripe Feb 20
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      Replying to @dav2070

      This ultimately depends on your business model, and how you're charging users: https://stripe.com/docs/connect/charges …. In terms of conversion, based off of your use case, it sounds like you're very closely aligned to the third example we have listed here: https://stripe.com/docs/connect/currencies#example-scenarios ….

      1 reply 0 retweets 0 likes
    3. Dav‏ @dav2070 Feb 20
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      Replying to @stripe

      My use case is a bit different: I create subscriptions in EUR (e.g. 10 € per month) and that money is sent to different connected accounts in different countries and currencies. This seems to be Separate charges and transfers, but I'm not sure how/if it works with subscriptions.

      1 reply 0 retweets 0 likes
      Stripe‏Verified account @stripe Feb 20
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      Replying to @dav2070

      Got it—thanks for sharing—subscriptions would work, however, one thing to note is that Separate Charges and Transfers must be in the same country. In example, if your platform is in Germany, the Connected accounts would need to be in Germany as well: https://stripe.com/docs/connect/charges-transfers ….

      10:46 AM - 20 Feb 2020
      1 reply 0 retweets 0 likes
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        2. Dav‏ @dav2070 Feb 20
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          Replying to @stripe

          Yeah, that's exactly the problem ^^ How can I transfer the money from my Platform Account in Germany to a connected account in another country?

          1 reply 0 retweets 0 likes
        3. Dav‏ @dav2070 Feb 20
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          Replying to @dav2070 @stripe

          One solution could be to use Destination Charges every month instead of a Subscription, but then the problem remains that the charge goes to only one connected account.

          1 reply 0 retweets 0 likes
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