#rvk

1 messages · Page 1 of 1 (latest)

vast moatBOT
obtuse birch
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Assuming we have the bank account details updated for client A and the payment link we created is for the account id associated with client A

zealous iron
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Depends what you mean by that. For all three account types the funds have to be on the Stripe account's available balance in order to be paid out

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Are you talking about bypassing the Stripe balance or are you talking about just sending them all of the charge's funds without a fee to your platform?

obtuse birch
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so I am trying to understand what is flow of funds once user makes a payment using stripe - I am trying to understand if the flow works like (1) vs (2)

  1. user makes a payment -> stripe receives the payment -> pay's out to client A directly in some X days
  2. user makes a payment -> stripe receives the payment -> pay's out platform in some X days -> platform pay's out to client A in some X days
zealous iron
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Those are close and some of this depends on exactly how you implement it. The general flow is:

  1. The user makes the payment
  2. Stripe credits the funds to the pending balances of the platform and connected account depending on how they split it. (Usually this happens immediately but you can make it happen after X days)
  3. Funds actually land after some days
  4. funds go from pending to available balance and can be paid out
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I'd reccommend reading our docs on direct charges, destination charges, and separate charges and transfers. They lay out the fund flows pretty wel