#DasBeasto - Express Connect Payouts

1 messages · Page 1 of 1 (latest)

violet stratus
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Hi 👋

sterile citrus
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Also, to clarify the reasoning, I'm hoping to disable the "Payout Out now" button until the account hits a minimum threshold (~$10) to avoid paying the $2 active user fees on say a $1 payout.

violet stratus
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Gotcha okay.

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Well you can set a Connected Account to manual payouts and build your own logic to check the account balance prior to triggering a payout.

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Do you think that would address your concerns?

sterile citrus
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Yes I think that makes sense, in regards to the 90 day limit though, that link specifies "hold funds in the account holder’s balance until told to pay them out for up to 90 days". Would Stripe automatically payout at the end of the 90 days or do I need to add more logic to check if the 90 day limit is approaching and payout manually

violet stratus
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Yikes, I'm sorry this kind of got lost

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You can move the funds over to the Account balance (that is not considered holding funds). Then control the payout schedule from there.

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Let me know if that makes sense.

sterile citrus
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No worries! I think that makes sense but just to clarify, when I create an account I'd set their payouts to manual to prevent auto payouts. Then I provide a button to trigger payouts that's disabled under $X minimum. Then when a user sends money, I create a Destination Charge and that moves the money to the user Account balance which does not count as holding funds even though it hasn't payed out?

I think it's just confusing that the docs say manual payouts can be held "in the account holder’s balance" for 90 days but that is you say the "Account balance" is not considered holding funds, I'm having trouble seeing the distinction.

vagrant chasm
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Hi there 👋 my teammate needed to step away, so please bear with me a moment while I catch up on the thread's context.

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This topic is a bit nuanced and outside of our areas of expertise, so I think our support team is going to be better suited to provide you with a definitive answer on it:
https://support.stripe.com/?contact=true

Stripe: Help & Support

Find help and support for Stripe. Our support center provides answers on all types of situations, including account information, charges and refunds, and subscriptions information. Get your questions answered and find international support for Stripe.

sterile citrus
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Ok thanks I'll follow up there!