#blink-connect-payout

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slender mossBOT
queen folio
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blink-connect-payout

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Hey @spark wagon ! A Payout represents money moving out of a Stripe account's balance onto their external bank account details at their own bank.
So your connected account has a balance and daily (unless you changed that setting) they'll get a Payout created to pay out the balance they have.

This is separate from a Transfer which represents money moving between Stripe accounts' balances. For example your platform's Stripe account balance has $1000 and you create a Transfer to send $1000 to the connected account acct_12345 but it stays within Stripe.

spark wagon
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yeah i am looking at transfer

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currently listening for transfer.created event

queen folio
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So when you create a Transfer, unless you get an error (like not having enough balance) then it's instant, the funds have moved from your own balance to the connected account's balance

spark wagon
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does this event confirm transfer is complete

queen folio
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yes

spark wagon
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thank you buddy

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do you by anychance have a link for webhooks events explainations