#dwinpaez - payout speed

1 messages · Page 1 of 1 (latest)

analog badger
radiant ledge
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Hi

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I made a paymentIntent

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the money appears in "Transfers to come"

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and "In Transit to Financial Institution" is zero.

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does the customer (Account) have to go through the Stripe site to transfer money to his bank account?

analog badger
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what you call customer, is what Stripe calls a connected account.

For a destination charge, the funds that are transferred to the connected account will also take a certain amount of time before they become "available" to payout.

The connected account doesn't necessarily have to trigger a payout to their bank account via the Stripe Dashboard. It depends on what is their payout schedule configured as - https://stripe.com/docs/payouts#payout-schedule

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it also depends what is the connected account type i.e. Standard/Custom/Express. Some connected account types don't have a Dashboard and the payout schedule is controlled by the platform