#bilal-ali_api

1 messages ¡ Page 1 of 1 (latest)

storm lightBOT
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ivory fox
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Hey @fervent crest huge apologies for missing this thread, the server got very busy and I accidentally missed this. Can you explain a bit more how you are using these connected accounts here and what restrictions you are working to get around? As far as I know, we need to support cross border payouts for you to be able to take payment and send funds to an account in a country that doesn't normally support a stripe account https://docs.stripe.com/connect/cross-border-payouts

Cross-border payouts

Transfer and pay out funds around the world.

fervent crest
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Let me explain you

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We are creating a platform where fans will send money to our users and user wants to payout this money from company stripe account to their external bank account instantly.

For this we think to implement the stripe connect account where user will get money in connect and payout in external account.

Do you think there is any better way to achieve this ?

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@ivory fox

ivory fox
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Connect is the best way to pay many different users like that through Stripe. The alternative would be paying to your own account and then figuring out how to send them money outside of Stripe from there. Unfortunately I am not that familiar with the second option, but if you talk to our support team they may know more about regulatory restrictions and such.