#psy07_api

1 messages ¡ Page 1 of 1 (latest)

cosmic tartanBOT
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untold hazel
north root
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which API can we use for sending money to customer local bank account? we have the data of customer name, account number & bank

untold hazel
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No there's API to transfer funds to individual directly. You need to onboard your user as a connected account so that you can use Transfers API to transfer funds to that account.

north root
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Is that mean the user will need to create a stripe account to be onboard as a connected account? then we can only use API to transfer money from our stripe account to user stripe account?

untold hazel
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Yes you are right

north root
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if that's the case, can user withdraw from their stripe account to their local bank account without any screen related with stripe? I mean fully using the API would be possible?

untold hazel
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Yes you can use auto payouts (it's the default) so that the funds will be transfered to users' external bank accounts automatically

north root
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can u share link to the related APIs?

untold hazel
north root
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can I have more details how customer can add their bank account while onboarding?

untold hazel
north root
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yes we choose custom connect account

untold hazel
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Right, then there's a option to enable Collect bank account information for payouts in your payout onboarding settings

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Details are in the doc that I shared earlier