#Santi - Payments
split berry
Hello 👋
Could you clarify please?
Where does your user withdraw money from? And where do those funds go?
wanton monolith
Well, I have an application where a user can withdraw their balance, and I want to know if that's possible with stripe?
Ideally it'd go to their paypal but Stripe and PayPal are competitors so that won't work
The money would come from either my stripe balance or my business
bank account
split berry
Hmmm. Have you looked into Connect?
https://stripe.com/docs/connect
Could you review this and let me know if it's what you are thinking?
wanton monolith
Hmmm. Have you looked into Connect?
https://stripe.com/docs/connect
Could you r...
Let me take a look..
wanton monolith
Hmmm. Have you looked into Connect?
https://stripe.com/docs/connect
Could you r...
Okay, so I might be wrong but it seems that the user also has to create a stripe account to get paid out?
Then I have to manually pay them out from a dashboard?
split berry
In this case the end user is also a Stripe account, yes. You could use the dashboard or your own application using a Stripe integration.
wanton monolith
But, let's say the user has a stripe account,
Would I have to manually push the payment? or can it be done via the api aka by the backend
I'm looking for something like
PayPal payouts API: https://developer.paypal.com/docs/payouts/standard/
But PayPal is BS
They are always limiting you account and you have to contact support
Really difficult to work with them
split berry
If the user has a connected stripe account to your account you can use the API to automate payouts.
This is a pretty flexible solution.
wanton monolith
hm. is it possible to do it on-demand without a schedule, because the user needs to be able to withdraw whenever they want by themselves
split berry
You transfer funds from your Stripe account to theirs. They will get automatically paid out based on a schedule but it can also be manually triggered
wanton monolith
Okay,
split berry
You, as the platform, can trigger manual payouts as long as the funds exist in the corresponding Stripe accounts.
wanton monolith
Okay, and how does the system identify a user?
Is it set as a cookie?
Ah, okay nevermind
It's all done externally by Stripe.
split berry
wanton monolith
So I can redirect them to a stripe page
split berry
No you can do it entirely with the API (in the background on your server).
If that's what you want to do.
wanton monolith
Okay, once a user signs up on my website, and they want to get paid out, I would give them a link where it will take them to stripe to sign up correct?
split berry
What kind of user are you going to have? We have different types of accounts that might work better for you based on your use case.
wanton monolith
It's a service where players can earn real cash prizes and they can withdraw at anytime as long as they have a minimum of $5.00 USD in earnings on their account.
split berry
It does sound like Connect will work for your use case. I think you should read through the Connect docs and let us know if you have any specific integration questions.
split berry
I would also pay attention to this page where it outlines the differences between account types: https://stripe.com/docs/connect/accounts
wanton monolith
Okay, sounds good