#Mina

1 messages · Page 1 of 1 (latest)

soft marlinBOT
dapper fulcrum
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For that business model they will need to have a Stripe Account to received the fund. However you can hide it completely from them, by creating and managing Custom Connected Account instead.

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Custom Connected Account is not visible to them

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Btw, what do you mean by "input their information more than once"?

soft marlinBOT
neon vapor
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we ask the provider to put their information and onboard themselves through our platform, once they come to the screen where they need to input their perefered bank account (where they want to receive their money) they will have to create stripe account and by doing this, they will have to input FName, LName, address, SSN, phone#, bank information, and create stripe account. that what i mean by inputting their info twice

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what is the difference between custom connect account and express. does it cost more in fee wise? or what is the requirements ?

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@dapper fulcrum

dapper fulcrum
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Sorry

neon vapor
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no worries

dapper fulcrum
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For the scenario you described, how about just rely on Stripe Onboarding on 2nd step to get all the information and avoid collecting yourself in 1st step

neon vapor
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our app is a ride share app which is very similar to uber and lyft

dapper fulcrum
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Yeah then you can choose either Express or Custom, I believe

neon vapor
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understood, so in custom account I would be able to hide the stripe onboarding process and just collect their routing number and account number where they want their weekly fund to be deposited? do I understand this correctly?

dapper fulcrum
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Yep!