#Scoku

1 messages · Page 1 of 1 (latest)

arctic fableBOT
proven pecan
#

Okay so

  1. this is a lot of questions
  2. this is a big subject.

Stripe offers Connect as a way to solve this but it's a complex product that requires some serious review of the available documentation.

https://stripe.com/docs/connect

#
  1. This may not be relevant after you dig into the different ways you can make charges with your Connected Accounts.

  2. Yes, see https://stripe.com/docs/connect/charges

  3. Yup, each Stripe Account has it's own Balance.

  4. No, not really.

  5. Payouts need to be to a Bank or Debit card.

#

But that's just scratching the surface. If you dig further into the docs you might find ways to solve your problems that you aren't realizing yet.

mortal jackal
#

As a user, I can throw in my usual boilerplate for these situations: Stripe is, in general, a ONE-WAY payment processor - FROM "Customers who make payments via various methods" TO "Business Accounts that take payments" - either the Platform, or connected Accounts.  Stripe generally does NOT make payments or transfers to "Customers", and generally does NOT transfer funds between Connected Accounts.  It does not behave like a "banking system".  ALL payment systems are required to follow Laws and Regulations that require KYC (Know Your Customer) and AML (Anti-Money Laundering) identification and verification for any monies paid out.

placid pond
#

ok, I'll run through the Connect docs and take a closer look, thank you!

That was a quick response to all those questions 🙂 we really appreciate it, thanks again

arctic fableBOT