goofy | Stripe Developers | Page 1

wet nexus Sep 21, 2022, 5:29 PM

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Hey, you'll need to use Stripe Connect to facilitate multi-party payments. You will onboard the tutors as connected accounts and, as part of that onboarding process, they will be able to add their bank account for payouts. https://stripe.com/docs/connect

elfin portal Sep 21, 2022, 6:46 PM

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So the tutors need a stripe account as well?

oak ingot Sep 21, 2022, 6:47 PM

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yes, assuming you're paying out funds to them

wet nexus Sep 21, 2022, 6:56 PM

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To add to @oak ingot's response, almost every country requires that a multi-party payments provider do some sort of KYC checks on anyone that they are sending money to. In the US, for example, you need to verify that the recipient of funds is not on any OFAC lists or is not subject to any AML restrictions, among other requirements. Using Connect means that Stripe will handle these checks for you.

elfin portal Sep 21, 2022, 6:57 PM

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It basically works like Paypal?
But we maybe go for stripe because it's better to implement on django.

#goofy