#blink-connect-payout
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blink-connect-payout
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.
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
does this event confirm transfer is complete
yes