FocussedGrind | Stripe Developers | Page 1

versed heraldBOT Apr 5, 2023, 3:15 AM

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junior leaf Apr 5, 2023, 3:16 AM

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Hi there, I don't quite understand your question, can you walk me through with an example?

unique lantern Apr 5, 2023, 3:18 AM

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Sure. Ours is a marketplace. Say, something like Lyft.

Lyft is the company.
We connect public(riders) and taxi drivers

Riders top up their account say for 25$ , 50$ , 75$ and 100$.
It reaches our Stripe connect account.
Then, based on riders usage, we disburse money to taxi drivers.

But taxi drivers have a paypment processor and we can pay using only credit or debit card.

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So, now we need a card (credit/debit) to pay forward the funds to taxi drivers' payment processor

junior leaf Apr 5, 2023, 3:21 AM

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I see, so you want to pay the tax drivers through cards, am I right?

unique lantern Apr 5, 2023, 3:21 AM

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yes

junior leaf Apr 5, 2023, 3:21 AM

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https://stripe.com/docs/connect/payouts-bank-accounts

Managing bank accounts and debit cards

Learn how to manage bank accounts and debit cards on your Custom connected accounts.

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You can set up a external account with debit card so that you can create payouts and sent the funds to the card

unique lantern Apr 5, 2023, 3:23 AM

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Can I send payouts from stripe to clover payments POS?

junior leaf Apr 5, 2023, 3:24 AM

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So far Stripe only supports bank accounts and debit cards for payouts.

unique lantern Apr 5, 2023, 3:27 AM

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So, what you are suggesting is

Rider ==> My Stripe connect ==> MyExternalBankAccount's Credit card ==> Pay the driver, correct?

junior leaf Apr 5, 2023, 3:31 AM

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The ExternalBankAccount's card is essentially your driver's debit card, note that payout supports debit card, not credit card.

unique lantern Apr 5, 2023, 3:34 AM

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Ok, here is the problem for which I need a solution.

The party to which I send payout accept payments only via API, and the API is of anohter payment processor.
How can I achieve this?

junior leaf Apr 5, 2023, 3:36 AM

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But that's a payments API right? I thought you are doing a payout?

unique lantern Apr 5, 2023, 3:37 AM

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I'm not using payments API

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Rider ==> MyStripeCOnnect ==> <3rd Party POS API which accepts payment only via card not present format>

junior leaf Apr 5, 2023, 3:39 AM

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I mean you said it's a 3rd party API accepts payment.

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So my understanding is that the 3rd-party API is for payment (i.e., pay-in), not payout.

unique lantern Apr 5, 2023, 3:42 AM

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Sorry. I'm kinda lost now.

This is what I'm trying to do .

Rider ==> MyStripeConnect ==(send money to driver's Point of Sale)====> < 3rd Party POS API which accepts payment only via "card not present", that 's, card details are key-ed in>

junior leaf Apr 5, 2023, 3:45 AM

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Ok. I'll summarize your follow and let me know if I'm wrong.

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Rider pays you through Stripe
The funds is transferred to the driver's connected account Stripe balance
The funds is transferred from driver's Stripe balance to driver's debit card
You call the 3rd-party payments API to charge the driver's debit card?

unique lantern Apr 5, 2023, 3:49 AM

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No.

Riders pay me via Stripe.
Fund reaches MyCompany Stripe.
Driver has a Clover POS. We don't know driver's bank account or card details.

How to send money from MyCompany Stripe to Clover POS?

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POS = Point of Sale, sorry if I haven't mentioned that.

junior leaf Apr 5, 2023, 3:51 AM

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OK. Thanks for the explanation. So the card is not your driver's card.

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Do you plan to use your company debit card to pay your driver's POS?

unique lantern Apr 5, 2023, 3:52 AM

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There is no card here.

Only Riders pay via card

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That's my question.

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I was thinking, if there is a card that representing my Stripe account, I can use it to pay driver's POS

junior leaf Apr 5, 2023, 3:53 AM

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Exactly, that's what I mean

unique lantern Apr 5, 2023, 3:53 AM

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So, Does Stripe provide or assign a card for Stripe account which I can use?

junior leaf Apr 5, 2023, 3:53 AM

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You can payout to your debit card, and use that card to pay driver through their POS

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No, you can just use your own card.

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https://stripe.com/issuing or you can use Stripe Issuing to create physical or virtual card

Stripe Issuing | Generate Virtual & Physical Credit Cards Online

Generate your own virtual and physical cards online in seconds using the Stripe Issuing API and just a few lines of code. Create virtual credit cards today.

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In fact you can create virtual card, and feed in the card number to the 3rd-party payment service.

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So that your flow can be

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Rider pays you through Stripe
The funds is kept in your Stripe balance
You transfer funds to your issuing balance
Your create a virtual card
Send the virtual card information to the 3rd-party payment service.

versed heraldBOT Apr 5, 2023, 3:58 AM

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unique lantern Apr 5, 2023, 3:58 AM

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Wow. Interesting. How much charges for creating the virtual card? Any limit on that virtual card?

junior leaf Apr 5, 2023, 3:59 AM

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https://stripe.com/pricing you can learn more about pricing here

Pricing & fees | Stripe Official Site

View Stripe fees and pricing information. Explore pricing by product, by payment method including credit and debit cards, or design a custom pricing package.

unique lantern Apr 5, 2023, 3:59 AM

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How many virtual cards could be created? ANy limits on the number of cards created in particular interval?

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So, this is the one "issuing"

junior leaf Apr 5, 2023, 4:02 AM

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@unique lantern I need to go, my colleague @toxic drift will continue to help you.

toxic drift Apr 5, 2023, 4:02 AM

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👋 taking over here

unique lantern Apr 5, 2023, 4:02 AM

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Thanks Jack

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You can payout to your debit card, and use that card to pay driver through their POS

You mean, I can payout from Stripe connect to my business account's debit card and then use that card to pay for driver's POS, right?
Can I send payout to my personal debit card and do the same?

toxic drift Apr 5, 2023, 4:09 AM

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Not exactly "payout" but more of transferring fund to your Issuing balance link with the Issuing virtual card
No, that's why you need to specific kind of virtual Issuing cards

unique lantern Apr 5, 2023, 4:10 AM

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Will virtual cards earn any points ?

toxic drift Apr 5, 2023, 4:13 AM

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Not sure about that but I don't think there is points w Issuing virtual card. Could you write in Support? They would be able to advise further on Issuing offer

unique lantern Apr 5, 2023, 4:14 AM

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Sure. ANy specific email address?

toxic drift Apr 5, 2023, 4:15 AM

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From here!

dapper juniperBOT Apr 5, 2023, 4:15 AM

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:question: Have a non-technical question, account issue, or need one-on-one support?
We wish we could help, but this community is focused on developers and technical discussions. Our support team will be able to assist you better than we can: https://support.stripe.com/contact

unique lantern Apr 5, 2023, 4:18 AM

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Thank a lot

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One last question.

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If I top up that virtual card with 100$, and I don't place request for physical card,

can I key-in that card number and do online ecommerce purchases?

toxic drift Apr 5, 2023, 4:24 AM

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I think yes

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hmm

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Yes, but please also clarify with Support

#FocussedGrind