What does transfer_data[destination] specify?

What does transfer_data[destination] specify?

• A. The amount to transfer
• B. The ID of an existing connected Stripe account to which funds will be transferred
• C. The currency to use
• D. The merchant of record

Answer: (B)

In Stripe Connect, transfer_data[destination] designates the connected account that will receive the funds from the charge. It’s the ID of an existing connected Stripe account (for example, acct_...), telling Stripe which account should be the recipient of the transfer. This is about routing funds, not about how much is transferred, the currency, or who the merchant of record is. The actual transfer amount relates to the charge amount and any platform fees, while the currency is defined on the charge itself.

In Stripe Connect, transfer_data[destination] designates the connected account that will receive the funds from the charge. It’s the ID of an existing connected Stripe account (for example, acct_...), telling Stripe which account should be the recipient of the transfer. This is about routing funds, not about how much is transferred, the currency, or who the merchant of record is. The actual transfer amount relates to the charge amount and any platform fees, while the currency is defined on the charge itself.