#Kamon
1 messages · Page 1 of 1 (latest)
Interesting.
Is this something I need to be concerned about or handle when manually paying out (i.e I need to wait X amount of days before sending a payment)?
You will only be able to manually pay out funds that are available
Otherwise, they will be in the accounts pending balance
And can't be paid out
Gotcha.
Just for clarification to make sure I'm following.
Let's say I authorize the payment March 1st, capture it on the 7th and are doing manual payouts.
If the payout speed/delay_days is 2 days (2 day rolling basis), then there wouldn't be any funds in the available balance to payout until the 9th, correct? So, I'd have to wait until the 9th to manually payout the available balance for the transaction captured on the 7th.
Does that delay effect the time it takes for the payout amount to reach the connected account's bank account, or is that completely separate?
Yep that's correct
The flight time is separate
You can't initiate the manual payout until the funds move to available
Then there is a short amount of flight time for the payout to arrive in the users account
If you are worried about flight time then automatic payouts are actually better as they will arrive slightly sooner
Gotcha!
The exception to that would be if we did an instant manual payout, correct?
Correct
Fantastic.
Also, can we query that delay timing, so we can notify customers on how long until their funds will be available for payout?
Yep you List Balance Transactions (https://stripe.com/docs/api/balance_transactions/list) and look at their available_on (https://stripe.com/docs/api/balance_transactions/object#balance_transaction_object-available_on)
Fantastic, thanks!
Sure thing!
Have a lovely day!