#filipesm-connect

1 messages · Page 1 of 1 (latest)

gusty gulch
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Hey! Connect isn't US only

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What are you trying to do/build exactly?

opaque pine
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Thanks for the response!

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It's actually really simple, I just want to be able to literally automate SEPA transfers from my bank to someone else's bank.

But as you probably know, doing this with banks' APIs is... suboptimal

So I wanted an easy way.

My idea was: top up my Stripe account, from there, transfer to other accounts

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DETAILS
A bit more detail. I will be receiving crypto payments in behalf of clients.
Then I will convert them to Fiat on my side.
After converting, I wanted to send this Fiat (Euro) to my clients

gusty gulch
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Yeah, I guess that's possible with Connect: you'd be the platform and the receivers would be connected accounts. You can facilitate transfer between accounts and they can payout to their external accounts

opaque pine
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Right, so my clients would always have to have a Stripe account? Can't go directly to their bank account, I assume

opaque pine
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Not to pay with crypto

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(If I got it correctly)

opaque pine
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This is sad 😢 I mean it's good for huge businesses, but small merchants like cafes can't be expected to make a Stripe account (whether I like this fact or not ahah)

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All in all, with Stripe, there's no way to automate "pure" SEPA transactions then?

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As in: input IBAN and amount, person gets money directly on bank account

gusty gulch
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There's not I'm afraid

opaque pine
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Alright, oh well! Maybe when the business scales I will come back and use Connect!

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Thanks a lot

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(If you could pass this as a feature request that would be amazing eheh)