#ashishchicmic
1 messages · Page 1 of 1 (latest)
the billing achor/cycle time is the date(and time of day) the subscription object is created
your mental model is not correct. You do not "create subscriptions and subscribe users to them"
you create Prices(representing the amount and the billing cycle(monthly/yearly etc), and then create Subscriptions for a Customer to a certain Price.
Due to this, even though the price is the same, I must create separate subscriptions for each user.
yes. that's what a Subscription means in Stripe
it's an instance of a Customer being billed for a certain Price(or a certain set of Prices).
oh thanks. This will help a lot.
Also do we receive any event when a payout is successful and money is transferred to a connected account's attached bank account?
yes, there would be several events involved there
your sentence is kind of jumping over multiple steps of complexity unfortunately so I don't know how much you've built/understood already, but at a high level you get a payout.created event on the connected account , delivered to your platform's Connect-enabled endpoint(https://stripe.com/docs/connect/webhooks) when money previously transferred to a connected account is being paid out to them. For instance.