#piotr_webhooks
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- piotr_webhooks, 1 hour ago, 33 messages
- piotr_api, 5 days ago, 22 messages
mossy pond
Hi! Looking into your question now.
vestal ruin
Hi there, thanks
mossy pond
A few quick questions. Are you planning to do manual or automatic payouts? And what charge type are you using: direct, destination or separate charges and tranfers?
vestal ruin
my workflow is as follows
Client deposits funds to my platform account
Vendors complete goals/tasks
Vendors withdraw funds proportionally (platform account -> "transfer" -> connected account -> "payout" -> external bank account.)
In this case i understand manual payouts via API, and separate charges and transfers, am I right?
For my vendor, stripe is invisible, so I would like to streamline the "withdraw" directly to a payout to an external bank account
mossy pond
In this case i understand manual payouts via API, and separate charges and transfers, am I right?
It depends. Are your client payments going to be transferred to multiple vendors or just 1 vendor?
vestal ruin
The funds from a client my be distributed to many vendors
Proportionally there would be few clients and many vendors
So I control via my application logic how much each vendor gets from the client's "funds pool"
mossy pond
In this case, yes you will need to use separate charges and transfers.
Regarding the payouts, any reason why you wish to do manual payouts with API?
vestal ruin
well I would like to control the whole flow, but now that I think about it, if I rely on schduled payouts I would only have to deal with the transfers and the payouts will happen when there's funds right? So i wouldnt have to monitor when funds are avaiable
About payouts, is there a minimum amount or any special condition besides having a valid external bank account?
mossy pond
well I would like to control the whole flow, but now that I think about it, if I rely on schduled payouts I would only have to deal with the transfers and the payouts will happen when there's funds right? So i wouldnt have to monitor when funds are avaiable
Yeap exactly
About payouts, is there a minimum amount or any special condition besides having a valid external bank account?
You can refer to this document.
https://docs.stripe.com/payouts#minimum-payout-amounts
vestal ruin
Cool, I'll look into it, you helped me clear my ideas, thanks ✌️ 😺
I just remembered one more thing before you close the thread
Are Transfers to connected accounts final? In the sense that I don't need to track updates on them; once they are created via the API and it returns a 200, it can take it for granted that the connected account will receive the funds?
mossy pond
Yeap they are final. As long as you get the transfer.created event (https://docs.stripe.com/api/events/types) it means a transfer was created. Failed transfers don't have a transfer object.
vestal ruin
Is it equivalent waiting synchronously for the API response to listening to the transfer.created event right?
mossy pond
Yes