yedlosh | Stripe Developers | Page 1

west domeBOT Apr 13, 2023, 1:39 PM

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jaunty dust Apr 13, 2023, 1:39 PM

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Hi there

dim wagon Apr 13, 2023, 1:39 PM

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Hi!

jaunty dust Apr 13, 2023, 1:40 PM

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So you are trying to provide a card for your users to pay with, correct?

dim wagon Apr 13, 2023, 1:42 PM

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Yes

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but it's not a business expense model, the users would be funding the card themselves as well

jaunty dust Apr 13, 2023, 1:44 PM

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Okay so yeah you want a combination of Issuing and Connect here

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Where in this case each Connected Account would have to be each user

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And then you would Issue a card to that user and manage the Issuing balance on that account

dim wagon Apr 13, 2023, 1:45 PM

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and the Issuing balance on the connected account can be funded in a user-friendly way? Meaning card payment, not an ACH credit transfer

jaunty dust Apr 13, 2023, 1:49 PM

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There are a few ways to fund the Connected Account issuing balance. See: https://stripe.com/docs/issuing/connect/funding

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So for instance you could collect card payments into your platform balance yes and then fund that way

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Some of this stuff is in beta still though

dim wagon Apr 13, 2023, 1:58 PM

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Yeah I've read that, and seen the
"Fund from a connected account's Stripe balance (Beta)"

So basically I understood correctly there is no direct way how the customer could fund it's own wallet. It would have to be almost a chain of transactions:

card payment from the user to the platform
we have to programatically respond to that and move the same amount from the platform to the connected account Stripe balance
move the amount from the connected account's stripe balance to the issuing balance

if that is true, then I guess it would be easier to get some more user wallet oriented provider

jaunty dust Apr 13, 2023, 1:59 PM

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You can also have the user pay their Connected Account directly (also in beta)

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But yeah that is what we support here currently for this flow

dim wagon Apr 13, 2023, 2:11 PM

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Ah that makes it a bit easier, as at least the funds are always scoped by the respective user.

If I may have one last, again a bit more business related question - sorry:

Can we issue cards to minors?

For context we're trying to provide a tool for parents to manage their kids spendings.
So the connected account owner would be an adult, but we need to create separate payment methods (with separate issuing balances) available to the minors.

jaunty dust Apr 13, 2023, 2:11 PM

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Hmm I'm not actually sure about that as I really don't know much about the regulatory side of things. You are going to best off asking that question to our Support team via https://support.stripe.com/contact/login

west domeBOT Apr 13, 2023, 2:16 PM

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dim wagon Apr 13, 2023, 2:18 PM

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Yeah, thank you. Our business will be in touch with your sales anyway, so I'll leave that to them.

But apart from the regulatory side, I expect technically we can have multiple cards for one cardholder or multiple cardholders per connected account to support this parent -> children allowance schema

wide violet Apr 13, 2023, 2:21 PM

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Hi there taking over for bismarck. Give me a minute to catch up

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Yeah afaik you can issue multiple cards to them

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But would be good to confirm with the support/sales team when you reach out

dim wagon Apr 13, 2023, 2:27 PM

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Thank you!
Bismarck mentioned there is the way to "have the user pay their Connected Account directly (also in beta)"
Could you please provide me with a link where I could find this in the docs? As I'm struggling with finding it 😅

wide violet Apr 13, 2023, 2:31 PM

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Often we hide beta docs, so you may need to reach out about getting that enabled on your account first

dim wagon Apr 13, 2023, 2:32 PM

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I mean I've found this
https://stripe.com/docs/issuing/connect/funding
but again, this mentions only funding options like wire or ACH transfer, not a simple user friendly way like card payment / Apple Pay..

Funding Issuing balances with Connect

Learn how to fund connected accounts for Issuing.

jaunty dust Apr 13, 2023, 2:33 PM

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It is inferred via funding from the Connected Accounts balance: https://stripe.com/docs/issuing/connect/funding#fund-from-connected-account-balance

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The issue is that when you take card payments here from your user there will also be fees associated

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So they can pay themselves basically to fund their balance but then there would be fees

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Just like if they paid into your platform balance

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The only way to accomplish this without fees is to topup via a bank transfer

dim wagon Apr 13, 2023, 2:37 PM

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Well, the ideal would be if the card payment fees could be covered by us, as the platform account, so they'd get the full amount they credited, but directly to their connected account

jaunty dust Apr 13, 2023, 2:38 PM

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Yeah that's not really possible unless you accept the payment on your platform and then transfer the funds

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The fees are taken out of wherever the payment takes place

dim wagon Apr 13, 2023, 2:45 PM

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Ahh okay.
I guess I now know all I needed, so thank you both for your time and have a nice rest of the week!

#yedlosh