flutter.tours-ach | Stripe Developers | Page 1

whole sleet Sep 27, 2021, 5:25 PM

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Hello! How can I help?

keen moth Sep 27, 2021, 5:28 PM

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Hey

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Basically what I wrote.

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We're trying to get ACH payments enabled and im going through this https://stripe.com/docs/ach but im not really clear on the big picture AND why theres this third party Plaid in the middle.

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Also we would like to not have to store customer bank account information. Is that possible? We'd just like to direct them to set up the right things on your site. For example right now with CC payments we have them pay through your portal.

whole sleet Sep 27, 2021, 5:32 PM

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Ah, gotcha! From your initial question I wasn't sure if your questions were more about connect, or plaid

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Plaid just allows you to not have to manually collect your customer's bank account information yourself and will handle the verification flow as well. Plaid also does instant verification whereas manually collecting it will require you delay verification (sinc eyou have to wait on the microdeposits)

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You can see an example of what it looks like here: https://stripe-ach-example-app.herokuapp.com/

keen moth Sep 27, 2021, 5:38 PM

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So plaid does the signup onto stripe for the person who is going to set up the ACH account?

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The thing that would really help is the big picture.

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oh wait what? So you have to give Plaid your bank account information?

whole sleet Sep 27, 2021, 5:41 PM

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Plaid only handles the collection of the bank account information - afterwards, you need to do some additional steps to actually tie that information to a customer and use it for payment

keen moth Sep 27, 2021, 5:42 PM

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But the customer has to give plaid their bank username and password right?

whole sleet Sep 27, 2021, 5:43 PM

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I don't know the specifics about how plaid has implemented this, but it sounds like it really depends on the specific bank: https://my.plaid.com/help/360043065354-does-plaid-have-access-to-my-credentials

The convenient way to manage your financial data | Plaid

Plaid provides the technology that enables you to connect your financial accounts to an app. Use Plaid Portal to view and manage your connections.

keen moth Sep 27, 2021, 5:44 PM

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I see.

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Are there limits on ACH payments?

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Like amounts?

whole sleet Sep 27, 2021, 5:45 PM

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Yeah, I believe it's $6000

keen moth Sep 27, 2021, 5:51 PM

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oh. interesting. is that a stripe limit?

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Is it changeable? We're planning on using it for employers to pay freelancers - so its conceivable that the amounts are much more than that.

whole sleet Sep 27, 2021, 5:53 PM

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Yeah, I believe it's a Stripe-specific limit. In certain circumstances you can ask for it to be increased, but that's a request that would have to go through support (https://support.stripe.com/contact

Stripe: Help & Support

Find help and support for Stripe. Our support center provides answers on all types of situations, including account information, charges and refunds, and subscriptions information. Get your questions answered and find international support for Stripe.

keen moth Sep 27, 2021, 6:01 PM

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Ok. Gotcha. Thanks. Oh - is there a limit on CC transactions too?

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