Stripe fees

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Viewing 5 reply threads
  • Author
    Posts
    • #33042
      Vinz
      Participant

      Hi WC LOVERS,

      I have a question about Stripe fees and your API.
      Currently, Stripe fees are paid by the Admin.
      Is it possible to change that in WCFM Stripe API ? I would like to make it paid by the Vendor instead of the admin?

      Thanks !!

    • #33046
      WCFM Forum
      Member

      Hi,

      For which Stripe payment? – by request or Stripe Split Pay!

      For request pay you can setup stripe withdrawal charges and those will be deducted before payment seding to vendor’s account.

      But for Stripe Split Pay withdrawal charges not applied as payment distributed among vendors.
      Well, for this there has a setting option at WCFM Admin Setting -> Withdrawal -> Stripe Pay Modes -> I think this will be helpful for you as it uses different Stipe APIs

      Thank You

    • #33453
      WWW
      Participant

      Please explain what is a “Stripe Split Pay Mode”? And what do those options in there mean exactly?
      Could not find anything about it.

    • #33457
      WCFM Forum
      Member

      HI,

      For other pay options total customer payment first comes in Admin account and then vendor place withdrawal request for their commission.s

      But for “Stripe Split Pay Mode” total amount devided at the time of customer payment and goes into vendors and admin account.
      NO withdrawal request required. and here commission payout is instant.

      Thank You

    • #33461
      WWW
      Participant

      Yes, this I know, but my question was about the 3 options which we can choose. What are those?

      Direct Charges
      Destination Charges
      Transfer Charges

    • #33469
      WCFM Forum
      Member

      Hi,

      Please check this – https://stripe.com/docs/connect/charges

      Thank You

Viewing 5 reply threads
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