What is the primary benefit of using the on_behalf_of parameter?

The on_behalf_of parameter is particularly useful in the context of handling payments on behalf of another account. By using this parameter, a platform can facilitate transactions while specifying the connected account that is ultimately the recipient of the funds. This arrangement allows for clearer attribution of payments and can help reduce the likelihood of declines by ensuring that the proper account is associated with the transaction and that necessary compliance measures are followed.

When a payment is made on behalf of a connected account, it can streamline the process by pre-filling relevant financial data and ensuring that the payment is processed under the appropriate account settings. This can enhance the likelihood of payment approval since the Stripe infrastructure can handle the transaction with the correct associated account information.

This benefit specifically addresses concerns about payment declines by aligning the transaction more closely with the financial health and settings of the connected account, which can be crucial for successful payment processing.