Not available for the settlement currency Application fees for direct chargesĪlthough direct charges are in the connected account’s default currency, your platform receives the application fees for direct charges in your platform’s default currency. However, these numbers can fluctuate and may not reflect Stripe’s rates at the time a payment is processed. There are online resources for conversion calculation that can help you estimate current market rates. If you regularly charge in multiple currencies, you may be able to establish multiple bank accounts to have multiple settlement currencies.Ĭurrency conversions use the current exchange rates provided by our service providers, with an additional conversion fee applied by Stripe. Stripe converts the payout balance based on the Stripe account’s default currency No conversion–Stripe uses the bank account or debit card set as default_for_currency Multiple bank accounts or debit cards available for the currency See the supported presentment currencies and the supported settlement currencies.ĭepending on bank account or debit card availability, the following occurs when paying out a balance: The settlement currency is the currency that you can receive payouts in, depending on the charge type and applicable currency conversion. The presentment currency is the currency that’s used for charges. Separate charges and transfers using on_behalf_of at charge timeĪnother way to avoid currency conversions when performing separate charges and transfers is to use the on_behalf_of parameter.Ī currency conversion occurs if the presentment currency differs from the settlement currency.
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Accept the license by checking the box and clicking on Install. The first thing that will appear on your screen will be the license agreement. Once downloaded, you will double-click on the setup file and the installation begins. Before you perform the installation, you will select the setup file according to your system architecture and will download them from the direct links above. The installation is of the package is no rocket science.
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