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by sleepyhead
1239 days ago
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This was previously not possible but looks like they have allowed it now. That is the reason why I had a US USD account in the first place, for Stripe USD payouts. They did not allow USD payouts to any European accounts last time I checked a few years ago, only to US accounts. The 1% is for all non local currency payouts. Example: "The primary currency for Stripe accounts in France is EUR. All other currencies fall under alternative currencies." "1% Of the payout amount, when you choose to payout in select alternative currencies." Ref https://stripe.com/docs/payouts/alternative-currencies
So basically this will result in very expensive payouts for anyone doing USD charges outside US or EUR charges outside Europe. Like many SaaS companies are. Charging any other currency is problematic for many customers so it is not really an option. Like I don't want to be charged in pesos for a SaaS that I am using. The alternative is to have Stripe convert USD to my local currency. For a small 2% fee. |
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