#shokhaa-connect

1 messages · Page 1 of 1 (latest)

tidal mantle
twin viper
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So it means:

  1. Create an connect account!
  2. Create a debit card for this account!
    I also wanted to ask
    Does this method work in any region?
tidal mantle
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debit cards a.k.a instant payouts are only supported in certain regions i.e. in Canada, Singapore, and the United States

twin viper
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I understood you! but my business is in Lithuania! what advice can you give me?
the task is this: I need to withdraw money from the buyer's card and give part of the amount to the seller

tidal mantle
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so if the seller is in a region that doesn't support debit cards. Then you should add a bank account to the seller instead.

twin viper
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if I withdraw money from a client using Instant payouts
how will I pay the seller?

tidal mantle
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i think there may have been some confusion here

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to be clear, the client (i.e. this is a Customer to Stripe) can pay using debit cards in any region

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the restriction is on the Seller (i.e. this is a connected account to Stripe), if the Seller is not in a region that supports debit cards, then you can just add a bank account

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so the client pays using a debit card, and you can payout to the seller that has either a bank account or a debit card

twin viper
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In my case, in order for me to pay the seller, do I need to add the seller's bank account? without him how?

tidal mantle
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depending on which connect account type you're using, you may have to collect the seller's bank account and add it to their Stripe account.

If you're using Standard/Express : you will not have to collect this information, the seller will fill it up in their Stripe Dashboard.
if you're using Custom : you will need to collect this information and add it to their Stripe account.

More information on each Stripe connected account type can be found here : https://stripe.com/docs/connect/accounts

Learn more about the different types of Stripe accounts you can use with Connect.

twin viper
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I understood!
That is, if the business is for Lithuania, then we only need to work with bank accounts?

tidal mantle
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for the seller, yes

twin viper
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Debit cards of a merchant in Lithuania are not suitable for payouts?!

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thanks