#sgarg15_best-practices

1 messages ¡ Page 1 of 1 (latest)

primal swiftBOT
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hushed ginkgo
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Hi there

true terrace
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Hey!

hushed ginkgo
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Can you share more context about the funds flow you're trying to achieve?

true terrace
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So my thought process for the funds flow was:

User A wants to send money to User B.

User A opens our "app", and enables teh tap-to-pay feature

User B, enters some amount, taps their phone, and in high level, the money would go into User A's bank account


What I thought how we would do this is that, User B, sends money to our Business Stripe account, once recieved, we do a payout to User A for that same amount. (Ignoring all the fees and such for now). Not sure if this is even possible/legal. And ideally, we would want as minimum of signup process as possible.

hushed ginkgo
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I think you flipped the users above

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User A, enters some amount, taps their phone, and in high level, the money would go into User Bs bank account, right?

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You could do this with connect but it won't quite work the way you're envisioning. User A and User B would have to "onboard" onto Stripe, essentially providing information about their business before they can receive any funds via Stripe/your platform

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You, as the platform, would have to charge user A and then transfer those funds to user B

true terrace
hushed ginkgo
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Not exactly. Standard accounts would still have to onboard on Stripe and provide business details before they can activate their account