#AGILE FALCON

1 messages · Page 1 of 1 (latest)

quiet plinthBOT
daring drift
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👋 happy to help

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what are you trying to achieve exactly?

royal urchin
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to load money in connect account through connect account's external bank account

daring drift
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what's the end purpose here?

royal urchin
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Payment Processing

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i want to send money from connect account to another connect account within same stripe account......and each connect account will payout to their external bank account

daring drift
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you can transfer from one connected account to another

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you can only have transactions between Platform and Connect accounts

royal urchin
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connect accounts can payout to their external banks?

daring drift
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they will get paid out to their external bank account correct

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which gives you the ability to send money (indirectly) between 2 connected accounts

royal urchin
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ok... So far i was able to load money in connect account:

  1. by creating paymnet intent
  2. by confirming payment intent. (returned with latest_charge)
  3. Then i transferred that money in one of the connect account using source_transaction:latest_charge (even when funds were in pending in platform).
  4. Is there any way to transfer funds without source_transaction when balance in stripe main account is still in pending?
daring drift
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Is there any way to transfer funds without source_transaction when balance in stripe main account is still in pending?
it's better though to use source_transaction so you don't have to face issues with balance availability

royal urchin
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ok... as mentioned above......while confirming payment intent....we provide test card number... can i use connect_account balance instead of that card number?

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so that i will be given latest_charge property.....which i will then use in transfer to another connect account?

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Here i want to pay from one connect account.. is that possilble?

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daring drift
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that's not possible

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as I explained the only way for 2 connect accounts to have any money flow should be done through the Platform

royal urchin
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after transferring to platform account from Connect Account A.. how can i keep track of this transaction? so that i can send the same amount to another Connect Account B.

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daring drift
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let's forget for a second about the code

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would you mind trying to explain with a simple example what is your use-case

royal urchin
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This is not the full use-case........i have given this task right now.....

daring drift
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please use a concrete example with numbers

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who pays what and who gets what

royal urchin
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For Example there is a Software house.. which have many clients......Each client will have a connect account.. and they will send money to each other using Stripe.

daring drift
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that use-case isn't possible in Stripe

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what can be done with Stripe is one of the following:

  • Each "client" is associated with a Customer and a Connect Account
    the Customer Object holds the payment method and the Connect Account hold the payout account
    when the Client X is paying Y, you'll use the customer associated with X to pay the Connect Account Y
    when the Client Y is paying X, you'll use the customer associated with Y to pay the Connect Account X
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  • Client X wants is paying Y, as the platform you debit the Account of X and transfer the money to Y
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but the problem with the latter option is that there is no payment "funding" the Connect Account in the first place

royal urchin
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i've asked Project manager about the scope

daring drift
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let me know if you need any more help

royal urchin
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I am a project manager assigned with implementation of stripe connect functionality I want to sent money to a central wallet and then i have to send moneny from 1 user to stripe connect account, it will then send money from central wallet to 2nd user.

daring drift
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I'm not really sure I follow