#vlad-ko_best-practices

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tired leafBOT
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remote dawn
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๐Ÿ‘‹ happy to help

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are we talking about ACH DD?

noble nebula
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Hi, I forgot to add, we want fast payments confirmed and verified so that we can let the user to have quick access to the service

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no UK, Bacs

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users will be mainly from UK

remote dawn
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I'm not sure then what you mean by open banking

noble nebula
remote dawn
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at Stripe Financial Connections is only available in the US and is used with ACH DD

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yes but how will you be using it in your scenario

noble nebula
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but Stripe Financial Connections is "open banking", right? If yes, then US is not our location and i need to use in that case DD Bacs

remote dawn
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I think you're mixing two things here

noble nebula
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it is possible, this is why i am trying to understand

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and basically what is the best way + which stripe's product/api i should use

remote dawn
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could you please describe the scenario that you would like to implement?

noble nebula
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yes, so i am providing a subscription based service (billed monthly) and I want to give users the option to pay with a bank account - they should be able to pick bank and bank account (after they are redirected to bank site or app). Also in future I want to be able to monthly collect from that account the same amount of money.

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The important part is that the first payment should be made almost instant so that the access to the service should be also instant

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I thought that this is made via Financial Connections or via Checkout + Bank Details + Subscription Details (in that case, stripe form will require bank details)

remote dawn
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ok, so again Stripe Financial Connections is only available in the US

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Checkout + Bank Details + Subscription Details (in that case, stripe form will require bank details)
this is your normal BACS DD integration

noble nebula
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yep, i read the small text now - clients with US bank in USA and UK location based restrictions

tired leafBOT
noble nebula
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ok, i think we are clear ๐Ÿ™‚ thats the best option BACS DD

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thanks

remote dawn
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Oh my bad, that was the case for so long that I forgot about the UK also being part of the Financial Connections

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but I'm not seeing any ways of implementing this in the UK

noble nebula
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what about this product

remote dawn
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@hardy cipher would you mind taking a look

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Oh this must be a new private beta

hardy cipher
noble nebula
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does it mean that it might be dropped as a feature or changed soon

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I will ping the guys