morunas | Stripe Developers | Page 1

leaden sparrowBOT Nov 28, 2022, 2:19 PM

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tawdry fox Nov 28, 2022, 2:20 PM

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Each connected account will have its own external account (aka bank account) to pay out to. Looking for the doc on this

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Actually not finding one specifically about external accounts for Express accounts. Basically your users will be prompted to enter bank account details when signing up through the onboarding link that you send them. So if you go through that onboarding flow yourself in test mode you will have an express account that you can test payout stuff with

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https://stripe.com/docs/connect/express-accounts#create-link

stoic escarp Nov 28, 2022, 2:25 PM

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Thanks for the follow up 🙂 looking into it

stoic escarp Nov 28, 2022, 2:46 PM

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Ok it's significantly more than I had thought xD but indeed Express Accounts seems to be the answer (given all that verification/validation steps and the maintenance of it). And so once the Express Account is created I can then just run Payouts to that account when appropriate, and any other requirements changes etc you/Stripe will contact the reseller directly so we dont need to be involved at all, correct?

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And for the Payout I could do something like https://stripe.com/docs/connect/manual-payouts#regular-payouts and pass the express account ID

tawdry fox Nov 28, 2022, 2:49 PM

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Yep yep that about sums it up. The user can sign up for their express account and Stripe will manage keeping their details updated. And yes you can do manual payouts like that or you can even keep them automatically scheduled to be paid out daily/weekly/monthly

stoic escarp Nov 28, 2022, 2:54 PM

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well since the payouts will depend on the successfully payment of the subscriptions they brought in, I think manual is what we need 🙂

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big thanks for the help! you guys are always top!

tawdry fox Nov 28, 2022, 2:55 PM

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Of course, glad I could help!

#morunas