Hi guys! I’m configuring the Stripe.js plugin (EDIT: I’ve just bought the paid Plus version to handle comissions) to set the payment process of my marketplace, following the instructions in the documentation video: https://cobubble.com/stripejs?tab=documentation
I can set the buyer account/process successfully , but when I try to set the seller’s account creation (so, the other side of the process: the reception of payments), I can only select US or CA as “Country Code” when I try to convert the bank account into a Stripe token (minute 27:50 in the video above, or see pic below). The thing is, if I set a seller from ES (Spain), with currency in EUR (and actually the prices in the marketplace are in EUR for the moment) and then the only countries and currencies I can define in Stripe are US/CA and dollars, will this cause any problem?
My second question is: is there mandatory to set a Routing Number? For many banks in Europe, there is no Routing Number, but only IBAN number and SWIFT code. Actually, in Stripe documentation (Test payment methods | Stripe Documentation) there’s nothing about Routing Numbers (but in the video of the Stripe.js plugin, there are even examples of Routing Numbers). How can I solve this? It would be great to allow the use of IBAN instead of Routing Numbers (fingers crossed).
Apart from that, I am going to connect buyers with sellers to pick a commission in between, so my third question is: Is it possible to reduce the Stripe commission of 3.5% doing something, or the commission is fixed? If I charge a 5% commission to sellers and then Stripe takes 3.5%, my margin is 1.5%, so to improve that I need to charge additional fees to the buyer. I ask this because I read somewhere that Stripe can charge 25 cents plus 1.4% (something much more suitable for my business).
Thanks a lot and best regards!