Dhrutish | Stripe Developers | Page 1

cosmic valveBOT Apr 11, 2023, 12:28 PM

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astral pine Apr 11, 2023, 12:29 PM

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hi! maybe! what's your specific technical/coding question exactly?

viscid dune Apr 11, 2023, 12:30 PM

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my question is how can i fund accounts distribution between 2 stripe account

astral pine Apr 11, 2023, 12:31 PM

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at a high level, you use our Connect product : https://stripe.com/docs/connect I'd start by reading though those links to get familiar with it

viscid dune Apr 11, 2023, 12:31 PM

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can i do this automatically

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means can I connect accounts automatically so i can transfer their funds to their stripe account?

astral pine Apr 11, 2023, 12:35 PM

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not sure what you mean by 'automatic'. There are multiple ways to create the Stripe account for the user, but they all involve the user themselves providing required information for example.

viscid dune Apr 11, 2023, 12:59 PM

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I explain to you the flow of what I'm going to develop

I have an admin panel with multiple vendors so they are coming to my platform and adding their products for selling on my platform. users will use my app and purchase their products whichever they like to buy. then I'm collecting all amount into my stripe account then after the end of the month I want to transfer all payments of each vendor to their stripe account. so which information can I use to connect the vendor's stripe accounts to my stripe account to distribute payments to them? and which information is required in my account and their account for completing this process.

elder vortex Apr 11, 2023, 1:08 PM

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Hi there 👋 taking over as my teammate needed to step away, please bear with me a moment while I catch up on the context here.

viscid dune Apr 11, 2023, 1:09 PM

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Sure!

elder vortex Apr 11, 2023, 1:12 PM

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You'll need to build a flow using Stripe Connect to do that. There are quite a few different paths for that so the first step is figuring out what best fits the flow you're trying to build for your sellers.

The first two choices to make that go hand-in-hand are the type of Connected Accounts you want to use, and which charge structure to use.

The three types of accounts, Standard, Express, and Custom, are discussed here:
https://stripe.com/docs/connect/accounts

There are also three charge structures to pick from, the one that best fits what you described is Separate Charges and Transfers (though depending on what regions you operate in you may not be able to hold funds until the end of the month)
https://stripe.com/docs/connect/charges
Separate Charges and Transfers:
https://stripe.com/docs/connect/charges-transfers
If using Separate Charges and Transfers, then you should work with either Express or Custom Connected Accounts.

Choose your account type

Learn more about the different types of Stripe accounts you can use with Connect.

Create a charge

Learn how to create a charge and split payments between your platform and your sellers or service providers when you accept payments.

Creating separate charges and transfers

With Connect, you can make charges on your platform account on behalf of connected accounts, perform transfers separately, and retain funds in the process.

viscid dune Apr 11, 2023, 1:29 PM

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i want to use types of accounts Standard

elder vortex Apr 11, 2023, 1:29 PM

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Then you should use Direct Charges as your charge structure.

viscid dune Apr 11, 2023, 1:30 PM

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i want to use in laravel so can you provide me demo code of that please

elder vortex Apr 11, 2023, 1:33 PM

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Laravel Cashier?

viscid dune Apr 11, 2023, 1:33 PM

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without cashier is it possible?

elder vortex Apr 11, 2023, 1:36 PM

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Probably, Laravel is a PHP framework, right? (Laravel Cashier isn't our implementation so I wanted to ensure you weren't using that as Laravel would be better suited to provide guidance on using its Cashier product)

viscid dune Apr 11, 2023, 1:37 PM

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so you can provide me php demo code i can manage

elder vortex Apr 11, 2023, 1:38 PM

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We have sample code in those documents, is any of it giving your problems?

viscid dune Apr 11, 2023, 1:39 PM

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please give me a suggestion

I have an admin panel with multiple vendors so they are coming to my platform and adding their products for selling on my platform. users will use my app and purchase their products whichever they like to buy. then I'm collecting all amount into my stripe account then after the end of the month I want to transfer all payments of each vendor. so can we send funds to their bank account directly using Stripe? so which information is required for this process if possible this is

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do you have another just quick and easy solutions in your mind?

elder vortex Apr 11, 2023, 1:41 PM

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Conenct is the only solution for this from Stripe. Entities receiving funds from our service need to go through an onboarding process so we have the necessary KYC information.

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The process for creating and setting up Standard Accounts is here:
https://stripe.com/docs/connect/standard-accounts

The process for setting up an integration using Direct Charges is here: (though this is not the behavior you described, vendors receive funds immediately rather than you holding onto them for a month)
https://stripe.com/docs/connect/direct-charges

viscid dune Apr 11, 2023, 1:42 PM

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but if I get bank account details of them and then after using that details i think we can transfer funds to them using stripe

elder vortex Apr 11, 2023, 1:42 PM

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You can't

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Connect is the only way to pay third-parties using Stripe.

viscid dune Apr 11, 2023, 1:44 PM

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there is no other way to do this?

elder vortex Apr 11, 2023, 1:44 PM

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No

viscid dune Apr 11, 2023, 1:45 PM

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okay

cosmic valveBOT Apr 11, 2023, 2:10 PM

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#Dhrutish