#emenike-payout
mighty vault
Hi there, when you mention users, are you referring to the person represented by the account?
humble plume
yes is there a way to send users money directly to their card or bank account via stripe?
mighty vault
Are you using Connected accounts by any chance?
humble plume
Yes i was curious because if I use the standard onboarding process and I choose to payout a customer, is there a fee in doing so and if I do instant payout is there a fee and does the money in thay payout go directly to theri bankaccount
?
mighty vault
Although the general idea is, you can add any card or bank account for payouts via the Accounts API https://stripe.com/docs/api/accounts/create#create_account-external_account, this is usually your card/bank account (if you add multiple customers' card/bank account here, you need to make sure to turn on the manual payout, and manage the payout accordingly, which could be troublesome).
When you mention customer, are you referring to the users that are using your service, and selling on your behalf?
humble plume
Thank you. But does the standard onboarding process have no fees and does it allow you to use an API function Transfer to payout customers directly to their bank account or card?
mighty vault
The payout itself should not have any associated Stripe fees, all Stripe fees are collected when a customer pays for goods or services via Stripe.
The Transfer API function is to transfer Stripe funds from a platform account to a connected account.
If you are referring to transferring money from Stripe account to card/bank account, Payout API is the correct request https://stripe.com/docs/api/payouts/create
The destination field is where you define the:
to send the money to
Hope this helps 🙂
humble plume
Thank you so much You are amazing
mighty vault
You are welcome! Glad I was able to help! Hope you have a fantastic day! 🙂