#parasgulati - instant payout
wanton prairie
What kind of time frame are you looking for?
And what payment methods are you accepting?
vale barn
we wanted to develop a market place, where a user A pays to our user B instantly
wanton prairie
The short answer is "No this isn't possible" but depending on what "instant" means to you we can get closer
vale barn
instant means in few hours
wanton prairie
When you say receive payments instantly, where are the funds landing when you consider it "received"?
vale barn
for User B i had created a custom connect account
user A can pay from his debit/credit card to user B, user B will receive money in his bank account, which is linked to his connect account
wanton prairie
Well Banks generally don't reconcile until the close of business (though they may credit your balance earlier in the day) so there's a delay we have no control over.
vale barn
what could be the minimum delay possible for such transfer ?
wanton prairie
Unfortunately we don't guarantee any specific timing of money movement because most of the delays occur outside our networks (Visa/MC payment networks, bank networks, etc.).
vale barn
Ok, but generally, it happens to be in 24 hrs ?
wanton prairie
Within, generally. Credit card networks tend to be relatively fast so you can see funds in a Stripe account in minutes. But then payouts from the Stripe account to an external bank can vary a great deal, especially by country
vale barn
Okay, got it,