#some1ataplace_best-practices
1 messages · Page 1 of 1 (latest)
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hello! Escrow has a precise legal definition, and Stripe doesn’t provide escrow services or support escrow accounts. You can hold funds in the balance for a certain amount of time : https://docs.stripe.com/connect/manual-payouts
What you're looking for is probably https://stripe.com/docs/connect/separate-charges-and-transfers
hey there. hmm. basically i want to make something like Minnect.
I don't know what's minnect unfortunately
its like a website where you pay people for advice, and when they give you advice you pay them
so you are saying i can do something like the above with this? Or do you think there is another way?
Because I don't want people to get scammed and be given bad advice for example
you can do something like the above with what I just mentioned, you need to be aware of the time limitations though.
that is why i was thinking put the funds in escrow until the customer is satisfied
hmm so maybe trigger a job where it fires after the meeting between customer and connect account?
But the customer would need to somehow say that they were satisfied
Otherwise perhaps an ethereum smart contract may be the way to go with this...
You'll want to consider how your business model should operate. It's not something we can advise on unfortunately
well, i use stripe, i would like to remain with stripe with this particular new use case i want to build
sure, we can help if you have specific questions on how Stripe operates / works, but how you determine your customer is satisfied isn't Stripe-specific
true, i will figure that part out. So in your example above, is there a way to specify a date to move the funds?
you can manually create a payout : https://docs.stripe.com/connect/manual-payouts so it's up to you when you want to make the request to pay out the funds
there's no way to specify a specific date though. You can do a cron job in your server if you really want to
ah, because each date will be different depending on the stripe connect user schedule
and when the 2 parties meet with each other
Manual payouts allow you to create a pay out whenever you want. The caveat is that the payout is created when you make the request, and you can't specify a future date. This seems like what you're looking for. Do you have specific concerns here?
oh so i can trigger the payout after the 2 parties meet for example? Like when a zoom meeting ends for example, send the payout?
yes, that's correct
oh okay, that might work maybe
Are there any webhooks associated with this I would need?
whether you need webhooks, depend on what you're trying to achieve and the data you need
so you'll need to tell me what information you're looking for, then I can tell you if there're any webhooks that fit your needs
i am not sure right now, just trying to plan in my head what this system will look like. Like if there would be any common webhooks to use in this scenario
I'll suggest that you plan out the system, then come back again when you know the information you need. We can advise you further at that point
okay thanks for the help so far with this
another question, would it be possible to pay a connect user by the minute?
paying by the minute is essentially you calculating how much to charge for the total time
okay, that is what i figured
thank you
ah i just thought of another thing that i want clarification on.
Am I allowed to do this? Pay a connect user for every time a customer buys one of their products. But then also pay that same connect id every time someone sends them a tip. Am I allowed to use the same connect id for these operations. Or would I need a separate connect id?
the same Connect account can be used
perfect, thank you. Because I was told at one point an affiliate marketer would require a separate connect id compared to someone who sells product on my site
Right?
who told you this?
someone else who works at stripe on this channel
Because they are 2 different jobs, right?
different tax purposes i guess
do you still have the link to that discussion? There's probably some background context which I'm not aware of
i would have to look
but basically the use case is this: A teacher connect id that sells educational content on my site and gets a percentage from sale. Then an affiliate connect id that just shares link to my site on social media and if someone makes a payment from that link, the affiliate marketer gets a reward.
I don't think it's for tax specifically, but more about what the connected account is for / selling. I don't really have the necessary expertise to advise about this, you'll want to reach out to Stripe Support to find out more - https://support.stripe.com/contact,