#jathin.rathod-transfers

1 messages · Page 1 of 1 (latest)

lime halo
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heya, could you explain more about your business or use case?

wide spear
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ok

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My application are two user one is normal user other one is contentcreater user. so in that case normal user are subscribe plan for contentcreater user in that case send money to contentcreater.

one content creater multiple noramal user hase paid some money based on plan.

so i am contentcreater my stripe wallet have money now i am transfer my wallet amount to my different bank account. is it possible?

lime halo
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the normal user is what Stripe terms as a Customer. In your situation, the ContentCreator would be termed as the Connected account. And your application would be the Platform.

Your business model would use Connect : https://stripe.com/docs/connect

Yes, it is possible to transfer the money in the connected account's balance to their bank account. It's also possible to transfer it to different bank account.

wide spear
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yes stripe connect use withdraw money to my different account any api ?

lime halo
wide spear
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ok you are saying [0] create payout and this account is transfer amount in my bank right?

lime halo
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  1. assuming the connected account's Stripe balance has sufficient funds
  2. you would create a payout on the connected account
  3. the funds from the connected account's Stripe balance will be paid out to their bank account
wide spear
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ok

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How can connect my bank account so it will connect in payout? any api?

lime halo
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Just as a reminder, you should never share your secret API keys regardless of whether it's a test or live mode key. I strongly suggest you roll your test mode key immediately as the one you sent is now considered compromised: https://dashboard.stripe.com/test/apikeys

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have you created a connected account?

wide spear
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connected account are use in payout right?

lime halo
wide spear
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ok

lime halo
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the connected account are your contentcreater user

wide spear
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ok

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so connected account to use withdraw my multiple bank account right?

lime halo
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let me summarize,

your content creators will need to have an account with Stripe - depending on the level of control and customization you need, they would need to have a Custom/Express/Standard account which is connected to your platform account - https://stripe.com/docs/connect/accounts

Once the connected account is onboarded, the connected account would need to have a bank account. Again, how this is done would depend on the connected account type. For Express / Standard connected accounts, your content creator can add their own bank account via the Dashboard. For custom accounts, you would need to add a bank account via the API : https://stripe.com/docs/api/external_account_bank_accounts/create

Then you would need to either create a charge on the connected account or transfer funds to
the connected account. Once the connected account has available funds in it's Stripe balance, then you will be able to create a payout on the connected account.

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is that what you wanted to achieve?

wide spear
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ok thank you so much for understanding. i will get back to you when any issue is happening.

wide spear
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connected account is onboarded, the connected account would need to have a bank account.

-- Multiple bank account right?

Once the connected account has available funds in it's Stripe balance, then you will be able to create a payout on the connected account.

-- Create payout api how to get a

curl https://api.stripe.com/v1/payouts
-u -- Paramaeter?

lime halo
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sorry, i didn't quite understand your question, can you try rephrasing?

wide spear
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  1. connected account would need to have multiple bank account right?
  2. Create Payout api -u parameter which value pass?
lime halo
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what type of connected account did you create?

wide spear
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custom (Bank account)

lime halo
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did you create a custom/standard/express connected account?

wide spear
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yes i will create based on your suggestion

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but my question is one connected account have multiple bank account right because my main purpose is i am withdraw money in my different account

lime halo
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If you're using Standard or Express, then the user can only add one default bank account. If they want to payout to a different bank account, then they will need to edit that bank account in the Stripe Dashboard

wide spear
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ok in my case custom account it will better becauase we have multiple account so

fleet grail
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Hi! I'm taking over alex-stripe.

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Let me know if you have other questions.

wide spear
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ok thanks