#nikky_api

1 messages ¡ Page 1 of 1 (latest)

warped ravineBOT
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sage oreBOT
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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.

novel sinew
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Hello

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Hmm that's not really possible

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You would only top up your account for a Connect use-case really

warm tide
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I see. Correct me if Im wrong, connect is primarily for when you create a platform where you have multiple connected accounts, correct? We only want to create a platform for our own business with one stripe account. Our use case includes adding funds to the balance, adding bank account and send and receive payments from 3rd party and other stripe account oustide our platform. But first off, we need to add funds to our stripe account from our app. Is it possible to do that with connect? And is it okay to use connect even if we only use one account?

novel sinew
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Can you tell me more about what you mean by:

and send and receive payments from 3rd party and other stripe account oustide our platform

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What do you mean by "send payments" here exactly?

warm tide
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Example, using our stripe balance, we want to pay or transfer funds to other stripe account or directly to their bank accounts (not sure yet if we can directly send funds from balance to bank accounts)

novel sinew
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Yeah that's not possible without using Connect

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You can't transfer funds to another account without that being a Connected Account for your platform

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Still though for what you are describing you would often use Connect + Treasury

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But feel free to read through those docs

warm tide
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Oh I see.When you say "can't transfer funds to another account without that being a Connected Account for your platform", does this mean these connected accounts where created through our platform? If a user has an existing stripe account, they need to go through our app and create a connected account? Please correct me if Im wrong.

novel sinew
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If they already have a Stripe account then you can connect them via OAuth to your account

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Otherwise you would create a new account for them that would be connected to your platform

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So both options are supported. It also depends on what type of Connected Accounts you want to work with.

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Totally fine for someone to have multiple Stripe Accounts if you want to isolate these users to your platform

warm tide
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Oh okay, but for a stripe account to be connected to my platform, they need to either create their account through my platform or connect them via OAuth?

novel sinew
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Yes

warm tide
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And I can only transfer, receive, send funds from my balance to other connected accounts?

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How about from my balance to other banks. Is it possible?

novel sinew
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Yeah the common option is to transfer from your balance to the Connected Account balance and then it gets paid out to their bank accoutn from there.

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But with Treasury you can potentially send funds right to their bank account