For a destination charge, currency determined by which country?

For a destination charge, currency determined by which country?

• A. Country of the platform account
• B. Country of the connected account
• C. Country of the customer
• D. Country of the issuer

Answer: (A)

In a destination charge, the platform handles the payment and takes a fee on behalf of the connected account. The currency used for that charge is set by the platform account’s country because the platform is the entity processing the payment. If the customer’s card uses a different currency, Stripe may perform a currency conversion behind the scenes, but the charge itself is created in the platform’s currency. The connected account’s country, the customer’s country, or the issuer’s country do not determine the charge’s currency in this setup.

In a destination charge, the platform handles the payment and takes a fee on behalf of the connected account. The currency used for that charge is set by the platform account’s country because the platform is the entity processing the payment. If the customer’s card uses a different currency, Stripe may perform a currency conversion behind the scenes, but the charge itself is created in the platform’s currency. The connected account’s country, the customer’s country, or the issuer’s country do not determine the charge’s currency in this setup.