#Scoku
1 messages · Page 1 of 1 (latest)
Okay so
- this is a lot of questions
- 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.
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This may not be relevant after you dig into the different ways you can make charges with your Connected Accounts.
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Yup, each Stripe Account has it's own Balance.
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No, not really.
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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.
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.
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