#themax1-connect-transfer

1 messages · Page 1 of 1 (latest)

cerulean niche
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@round phoenix what's your question?

round phoenix
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I going to detail about the scenario is that ok?

cerulean niche
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I'd recommend starting with a one sentence question

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I can ask clarifications as needed, but avoids you typing a novel if I just need one sentence 🙂

round phoenix
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let's say I made a payment to a service in a connected account, a part of that money is transferred to the person, the other part is the fee application and stripe fee, the person in connected account can checkout that money only after 30 days?

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or that person can access the money anytime?

cerulean niche
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What types of connected accounts do you use? Standard, Express or Custom?

round phoenix
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express

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It depends in what type of account is using?

cerulean niche
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yes

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So with Express accounts, they can't do anything themselves, you control their payout schedule and their balance

round phoenix
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Gotcha

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what is the best type of account so that can be done daily?

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It depends of the country too?

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I'm from Brazil and i saw the min is 14 days?

cerulean niche
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type of account doesn't change the minimum at all

round phoenix
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so what type of account can be done daily?

cerulean niche
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nothing

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it depends on the country of the account, not the type

round phoenix
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the country is Brazil and the min is 14 days?

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I have to do the payout manually or stripe does that to me?

cerulean niche
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Stripe does payouts automatically, but that's unrelated to Connect.

round phoenix
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is related to what then? country?

cerulean niche
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yes, did you read the doc I linked? If not, please take a few minutes to go through it, it covers all of that in details

round phoenix
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I'm reading

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it says the speed in my country is 30 days

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but it was says that in my country the transfer is made daily, so I don't get it

cerulean niche
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it's all explained though

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did you just skim maybe?

round phoenix
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but that depends of what connected account?

cerulean niche
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again nothing to do with connected accounts, you're trying to go too fast and just conclude something too quickly

round phoenix
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I'm trying to understand is the following, can the money in my connected account be daily send to my bank instead of 30 days?

cerulean niche
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January 1st, you charge $100. The funds stay pending during a certain number of days. In the US it's 2 days, in France it's 7. So in the US your Payout for that charge is on Jan 3rd, in France it's Jan 8

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and that goes on a rolling basis, so charges on Jan 2nd are paid out on Jan 4, charges on Jan 3rd on Jan 5, etc. So you get payouts daily for funds collected X days ago. And X depends on your country

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Are you a user of a Connect platform? Or are you the developer for the Connect platform yourself?

round phoenix
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developer connect platform, my client is asking me if the money can be payout under 30 days

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I'm from Brazil

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so their users

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but it says the velocity payout is 30 days

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on the link you sent me

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I wanted to know is this possible to do under this days or not

cerulean niche
round phoenix
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I have to talk to support team? Cannot be done from here?

cerulean niche
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no

round phoenix
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ok, going to try reach them out

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ty