#the-real-nate-shady_best-practices
worthy terraceBOT
đ Welcome to your new thread!
â˛ď¸ We'll be here soon! Typically we respond in a few minutes, but sometimes we might take a bit longer if the server is busy or if you have a particularly tricky question.
âąď¸ We close idle threads, which makes them read-only. Once a thread is closed it won't be reopened, but you can always start a new thread if you have another question.
đ This thread will always be available, even after it's closed. You can find it again using Discord's search, or you can save this link: https://discord.com/channels/841573134531821608/1305963227192234096
đ Have more to share? Add more details, code, screenshots, videos, etc. below.
vague cave
Hello! You need to use Connect for this, and the account requirement and info collection is due to laws and regulations. You can't get around it.
hollow palm
To add to this, my ideal scenario was processing payouts directly to businesses purely based on the provision of their account number and sort code
So every business will need to fully sign up to stripe with username, email password etc?
vague cave
It depends on how you use Connect. You can have them interact with Stripe directly and create an account that way, or you can create an account for them using the API and collect the required information through your own UI. The account itself and the information required aren't things you can get around, though.
hollow palm
I see. (This is really useful thank you btw!)
So my next question, if, at signup to my application, we already collect an email address from the business. And we were then to collect their banking information, we could create them a stripe account in the backend by passing the relevant information to stripe, and they wouldn't even need to know that we had created a stripe account on their behalf? As far as they're concerned, we would handle the entire payment process?
I've already setup payment from end customer as well as refunds so enabling businesses to collect earnings is the last part in the wider flow.
vague cave
That's correct, but you would need to collect more information than that. See here: https://docs.stripe.com/connect/onboarding
Look specifically at "API onboarding" there.
hollow palm
I see, that would be perfect then. Thanks a lot, appreciate the help!
vague cave
No problem!
You should also look here to get an idea of the information you'll need to collect: https://docs.stripe.com/connect/required-verification-information
hollow palm
Ah will do, I imagine I will be collecting the majority of that information regardless at the signup process