jarnold7613 | Stripe Developers | Page 1

spice basinBOT Dec 13, 2023, 5:54 PM

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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.

jarnold7613, 1 hour ago, 7 messages
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mental edge Dec 13, 2023, 5:54 PM

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Hello

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Destination charges create a transfer to your Connected Account immediately

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See: https://stripe.com/docs/connect/destination-charges

half escarp Dec 13, 2023, 5:55 PM

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Geez you guys are fast

mental edge Dec 13, 2023, 5:55 PM

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If you don't want to use manual payouts to control when these fund actually get paid out then you don't want to use destination charges

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If you want to use automatic payouts for your Connected Accounts and transfer the funds at a later date, then you want separate charges & transfers: https://stripe.com/docs/connect/charges-transfers

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However, there are some region restrictions with that so you'll want to make sure that works for the location of your platform/connected accounts

half escarp Dec 13, 2023, 5:59 PM

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The idea is that the customer pays the platform and then the platform will pay the connected account at somepoint in the future, like a week later.

mental edge Dec 13, 2023, 6:00 PM

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Well yeah your two options are above then -- you either use destination charges + manual payouts on the Connected Account to control when the funds are actually paid out to the Connected Account's bank account, or you use Separate Charges & Transfers and wait to transfer the funds from your platform until you are ready to do so.

half escarp Dec 13, 2023, 6:01 PM

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"destination charges + manual payouts on the Connected Account to control when the funds are actually paid" This is the one that I'm currently attempting. But this won't work if it automatically pays out immediately

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The expectation is that the funds are in the platform account and available to payout to connected account later.

mental edge Dec 13, 2023, 6:03 PM

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This is the one that I'm currently attempting. But this won't work if it automatically pays out immediately
They aren't immediately paid out. They are immediatley transferred, and then they will sit in the Connected Account's balance until you initiate a Payout.

half escarp Dec 13, 2023, 6:03 PM

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Ohhh

mental edge Dec 13, 2023, 6:03 PM

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The expectation is that the funds are in the platform account and available to payout to connected account later.
In this case you do want Separate Charges & Transfers so you should read through https://stripe.com/docs/connect/charges-transfers

half escarp Dec 13, 2023, 6:08 PM

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Okay, that makes sense. I'm needing the Sep. Charges and Transfers approach. Thanks for the help

#jarnold7613