#vamsi_43560
merry salmonBOT
Hello! We'll be with you shortly. Below are links to other discussions we've had with you in the past week in case you want to review that information. If your question is related to one of these previous discussions, please provide a comprehensive summary of the current state and what you need help with now. We help many users simultaneously, so a summary allows us to resolve your issue as soon as possible.
- vamsi-connect-payout, 1 hour ago, 7 messages
dusk field
hello! looking at req_QiJRboLBNHZZFf - have you tried checking what is your current available bank_account balance? https://stripe.com/docs/api/balance/balance_object#balance_object-available-source_types-bank_account
dusk field
that's page on the Dashboard doesn't portray the full breakdown of your balances, can you retrieve the balance via the API to check instead
tropic crescent
Sure i will try that. but a quick question. Can i payout to connected users from stripe platform instead of a bank account.
?
based on outstanding payout through payment collection ?
dusk field
yes, you can payout to connected account users : https://stripe.com/docs/connect/manual-payouts#regular-payouts
tropic crescent
want this to happen through API.
instead of source_type="bank_account" which i think is ACH of the company/entity registered.
i want to basically avoid payout to ACH of registered entity responsible for managing the connected users.
dusk field
source_type=bank_account just refers to which balance type the funds are being paid out from
tropic crescent
Yes can this be stripe platform where i have funds collected ?
dusk field
lets take a couple of steps back
tropic crescent
ok
dusk field
you want to pay out to your connected accounts?
tropic crescent
Yes
dusk field
and you want the funds to be from your platform?
tropic crescent
Yes
dusk field
what fund flow are you using - destination charges / direct charges / Separate Charges and Transfers (SCT)?
tropic crescent
could you define these charges in simple words
its mostly destination charges during payout to connected users.
dusk field
If you're using destination charges, the amount is already automatically transferred to the connected account
I suggest you try it out so that you can see and better understand what i mean : https://stripe.com/docs/connect/destination-charges
tropic crescent
how about others
Looks like I'm not doing destination charges...
"automatic_payment_methods": null,
dusk field
that parameter has nothing to do with destination charges
dusk field
you'll want to read the description for each charge type here : https://stripe.com/docs/connect/charges#types and then choose/use the most appropriate charge type for your business model
tropic crescent
I need in SCT
dusk field
alright, then you can see how to implement it in the corresponding guide : https://stripe.com/docs/connect/separate-charges-and-transfers
it covers how to transfer funds from your platform balance to the connected accounts
subsequently, connected accounts are on a automatic payout schedule by default i.e. funds will be automatically paid out. You don't have to manually create a payout to the connected account
tropic crescent
Great let me summarize my understanding
basically payments are collected with an intent to a transfer_group.
stripe.PaymentIntent.create(
amount=10000,
currency="usd",
transfer_group="ORDER10",
)
Transfer API is used to transfer money from platform to connected user.
stripe.Transfer.create(
amount=7000,
currency="usd",
destination="{{CONNECTED_STRIPE_ACCOUNT_ID}}",
transfer_group="ORDER10",
)
transfer API here will payout by default to the connected user bank account(external_account) ?
Please correct my understanding.