gentleatif_api

[tight saddle]

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[slate slate]

Hi! Sorry what do you mean by verify via Stripe? Are you referring to the dashboard?

You can view the same events you get via webhooks on the Events section of the dashboard: https://dashboard.stripe.com/test/events

[real summit]

I mean that after the payment done by user , frontend will call my own api and tell me that i have completed the payment ,
and i want to verify that payment is completed or not , so can i verify that payment is completed through any api of the stripe except the webhook event that stripe call .

@slate slate

[slate slate]

Stripe's way of informing you is via the events and webhook. You will need to use them to be informed if payments are successful. If you want to manually verify the status of the payment, you will need to retrieve the payment via Stripe's API.

[real summit]

Okay thanks @slate slate

@slate slate I have another question , that is below :-
We’re building a "custom wallet system" for our platform using Stripe.

Our current approach is:

• When a user signs up, we create a Stripe Customer and store the customer_id.
• When a merchant signs up, we create a Connected Account.
• Users can add funds to their wallet (add funds to stripe balance ), and we reflect the balance in our DB.
• Wallet-to-wallet transfers between users to user (Transaction from one customer to another balance will remain in stripe balance)
• When a user pays a merchant, we plan to transfer the amount from our platform balance to the merchant’s connected account.

Since Stripe doesn’t support custom wallets directly, we’re managing all wallet logic ourselves.

A few questions:

1. Will this approach work?
2. Do we need to create Connected Accounts for users as well to support transfers and payouts?
3. Can we manage sripe balance customer wise , how much stripe balance a customer has , we will consider this as a wallet balance fo the user .
4. Any limitations or any change required in this please let me know

Thanks!

[slate slate]

Customers don't have a Stripe balance.

You might want to consider Stripe Issuing as it's the closest to your use case: https://docs.stripe.com/issuing

[real summit]

So , all the wallet balance for all the user will be in the admin stripe balance we will manage it through our database , like which customer is how much wallet balance in their wallet through database ,

I am just looking to create a wallet system app , where user will add his bank account that will be verify through stripe and will add balance to his wallet from the bank account and then he can transfer that wallet balance to other user wallet ie what i want to manage through stripe .

So you are suggesting that we can issue card to the user , and that we can consider as wallet in our app right ?

[slate slate]

You need to read through Issuing to fully understand if it meets your requirements as I am not sure what your full requirements are.

Do note that you cannot transfers funds between Stripe account balances.

[real summit]

Thanks @slate slate I will go through the doc to understand but i just want to take some more idea , to get some initial idea and making sure that i am going in right direction .

[real summit]

I am thinking to create connected account for user as well so that we can transfer balance directly to connect account , as stripe balance will not transfer between user what your thought on it @slate slate ?
Right now we are only creating connect account for merchant and not for normal user , so we can consider connect account balance as wallet balance for user and merchant as well

We can't go with Issuing has country restriction in that .

But i think there is limitation of connect account only issue to merchant i think right ?