#filipesm-connect
1 messages · Page 1 of 1 (latest)
Thanks for the response!
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
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
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
p.s. have you seen https://stripe.com/crypto
Right, so my clients would always have to have a Stripe account? Can't go directly to their bank account, I assume
Yes! I really wanted to use it, but that's only to allow people to buy crypto
Not to pay with crypto
(If I got it correctly)
Correct
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)
All in all, with Stripe, there's no way to automate "pure" SEPA transactions then?
As in: input IBAN and amount, person gets money directly on bank account
There's not I'm afraid