#3l3ktr0l4mpe-connect-payouts
1 messages ยท Page 1 of 1 (latest)
@stuck slate hello! That's not really how Stripe works unfortunately. Customers are used when you want to charge someone for a product/service. You can't "send them funds" that way
If you want to pay out funds to someone, you need to use Stripe Connect and have a connected account for the individual/company you're collecting funds on behalf of
You want to read https://stripe.com/docs/connect to start
Do I have to redo all the stuff for subscription payments? :S or is it still working with connect?
I'm not sure what that could mean
Subscriptions are for accepting payments. Connect is for paying out to individuals/companies. they are orthogonal/separate, but compatible.
ah okay, so i dont have to change the part that is billing users?
It depends a lot on your business model and how you will integrate and how you distribute those funds unfortunately.
in theory we want users to pay for something (a service) these funds should go to our stripe account and stay there. on the other side we have users that are doing stuff on our platform getting paid for that. so its not like a market place where some users buys something and the funds go to a seller.
i dont know if i explain it correctly. simple said we want to pay out users from our funds that are available on stripe not in relation to someone who bought something
Yep so in that case you're fine. You "just" need to add the "payout part" using Connect
that sounds great ๐
you'll accumulate funds in your Stripe account balance, and you can pay out suppliers for example to their own Stripe account
"their own stripe account" are these "connected accounts" i can create through api if i understand it correctly.
a user has like a wallet on our page for example with 100USD. then he should click on "widthdraw" and getting redirected to stripe to fill in his bank account data to receive the money
Yes. I would highly recommend that you talk to our support team: https://support.stripe.com/contact because you talk about a "wallet" and there are rules and regulations around money movement
hm good to know, me and my customer already had contact to someone from sales "Frank Herter D/A/CH Account Executive | Stripe" he said stripe would be perfect for our project ๐ I will contact him again
sounds good!
are users getting an "invoice" for payouts? or do we have to do this on our own?
no invoice for that no, you'd do this on your own
@stuck slate are you all set?