Salman

[lone dome]

on stripe platform

[jade harbor]

Hello 👋
Not sure what you mean by that. Can you elaborate? An example would help too

[lone dome]

we're trying to onboard our users using stripe connect and we're creating users account on their behalf of custom type and then onboarding them through connect

[lone dome]

after onboarding will users be able to login stripe and withdraw their money

am i able to elaborate my problem or not??

[jade harbor]

Custom connected accounts don't really get access to the Stripe Dashboard

[lone dome]

Then what business model should i use if i'd like to enable users to create their stripe accounts and so that our users can transfer money to each other and also withdraw it through stripe dashboard??

[lone dome]

if card_payments are enabled on user connect accounts then users can transfer money to each other bank accounts or not???

[jade harbor]

Connected Accounts can't transfer money to one another directly. The platform needs to be involved

[lone dome]

if i'm using direct charges type then?

[lone dome]

first money will be transferred to platform then to user account?? am i right?

[lone dome]

eventually we need to ensure that money has been transferred to users bank account

[jade harbor]

if i'm using direct charges type then?
first money will be transferred to platform then to user account?? am i right?
In this case, charges are settled on the connected account and the fees are transferred to the platform

eventually we need to ensure that money has been transferred to users bank account
Can you clarify what do you mean by the users here?
Do you mean the connected accounts OR your customers? There seems to be confusion

[lone dome]

means to bank accounts of connected accounts

[night blaze]

That can happy with any kind of connect payment.

Direct charges work by the funds landing on your connected account first and then your application fee will go from them to your platform

[lone dome]

i just need one last clarification to close this issue....
now after you've seen that we're trying to create users connect accounts of custom type.. after that when we've to transfer money from customers to users (having connect accounts) then we can use direct charges which will transfer money to bank accounts associated with connect accounts and fees to platform....
So in this approach we'll be able to transfer money from customers to users account (those who have connect accounts)!!

[lone dome]

Am i right??

[night blaze]

Yes, that is the basic idea of a connect fund flow. You and the user charge the customer and split the funds in some way, then the funds will go from the user's Stripe Balance to their bank account via a payout

One thing to keep in mind here though is that developing a Custom Connect platform can be a lot more work as you have to code all of your own dashboard components yourself. That is a totally valid thing to do if you want your own custom dashboard here but it is usually worth considering if that benefit is worth the extra work

Also for Custom accounts we typically recommend using our Destination Charges or Separate Charges & Transfers flows, direct charges can be clunkier to work with for connect platforms