Create connected accounts with Managed Risk

Create connected accounts where Stripe manages credit and fraud risk and assumes losses from unrecoverable negative balances.

Create connected accounts with defaults.responsibilities.losses_collector set to stripe when your platform plans to use Managed Risk. With Managed Risk, Stripe manages credit and fraud risk and assumes losses from unrecoverable negative balances on connected accounts. This configuration is recommended for SaaS platforms, as well as any platforms that want Stripe to manage risk and can use direct charges.

Code sample

The following code sample creates a connected account with Stripe as the fees collector, Stripe as the losses collector, and the full Stripe Dashboard, to enable you to get started with minimal additional setup. Adjust the parameters as needed for your particular use case.

If you use a restricted API key for live-mode requests, grant it the v2_account_storer_write permission.

Command Line

stripe v2 core accounts create \
 --contact-email="jenny.rosen@example.com" \
 --dashboard=full \
 --identity.country=US \
 --defaults.responsibilities.fees-collector=stripe \
 --defaults.responsibilities.losses-collector=stripe \
 --configuration.merchant.capabilities.card-payments.requested=true

If you received an account-creation error because your request had your platform responsible for negative balances, update your integration:

1. Use Accounts v2 for new Connect integrations; it provides configurable account behavior and supports newer Connect capabilities.
2. If you were using the legacy type parameter with Accounts v1, Accounts v2 doesn’t use type . Instead, configure dashboard access, responsibilities, and supported configurations.
3. Set defaults.responsibilities.losses_collector to stripe .
4. Retry account creation with the updated configuration.

If you were originally trying to create an express type account, set dashboard to express. If you were originally trying to create a custom type account, set dashboard to none. Then, refer to Fee behavior on connected accounts to determine what to set for the fees collector.

Preview API version required with the Express Dashboard

Combining Express Dashboard access with Managed Risk is in public preview. To create this type of account with the Stripe CLI, set dashboard to express and pass the current preview API version:

Command Line

stripe v2 core accounts create \
 --stripe-version 2026-08-26.preview \
 --contact-email="jenny.rosen@example.com" \
 --dashboard=express \
 --identity.country=US \
 --defaults.responsibilities.fees-collector=stripe \
 --defaults.responsibilities.losses-collector=stripe \
 --configuration.merchant.capabilities.card-payments.requested=true

Additional requirements for Managed Risk

Managed Risk requires direct charges and has specific onboarding and account experience requirements. Review the Managed Risk requirements before updating your integration.

Onboard connected accounts with Stripe-hosted onboarding or embedded onboarding. If you aren’t using the full Stripe Dashboard or Express Dashboard, add the embedded Notification Banner and Account Management components so connected accounts can receive notifications and update their business information.

If your platform plans to assume loss liability

Use application as the losses collector only when your platform has chosen to both manage the associated credit and fraud risk, and to assume losses from unrecoverable negative balances. This configuration supports platforms with previous experience in this domain, and the specific need for funds flows such as separate charges and transfers or destination charges.

To use this configuration, visit your Platform profile settings to complete the loss-liability acknowledgement and any applicable verification requirements.