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When you charge through the platform we issue the charge on behalf the connected account, so you are never actually in the flow of funds. Re: chargebacks, ther
by bkrausz 12y ago
When you charge through the platform we issue the charge on behalf the connected account, so you are never actually in the flow of funds.
Re: chargebacks, there are 2 situations where this becomes relevant:
- With managed accounts, you're responsible for losses in the end anyway. This mostly dictates which account balance the fee comes from.
- Generally if you're providing the customer support it can make sense to take on liability. Take Lyft for example: they don't debit driver bank accounts if they get a chargeback.