marcoprouve-express

[fossil acorn]

Hi there! charges_enabled comes into play for the account to accept payments (which will be the result of transfers on your platform). payouts_enabled will be the ability for the account to payout funds already in their balance to the external account.

So yes, you should check both.

[sullen geyser]

Sorry @fossil acorn Can you explain this just a bit further? I know it sounds simple but feels like theres a nuance im missing. in the API it says this for descriptions:

1. payouts_enabled --> Whether Stripe can send payouts to this account.

2. charges_enabled --> Whether the account can create live charges.

I originally thought that payouts referred to the ability for us to pay out our connected accounts (Transfer money to them). But now im under the impression it is the ability for Stripe (You) to send money from their balance to their connected bank account). Is this correct?

Similarly for charges_enabled... This then refers to the ability for our connected accounts to receive Transfers or payments in in general?

[fossil acorn]

"I originally thought that payouts referred to the ability for us to pay out our connected accounts (Transfer money to them). But now im under the impression it is the ability for Stripe (You) to send money from their balance to their connected bank account). Is this correct?"

yes that's correct

When a Connected Account receives a transfer from your platform, that is them taking a "payment" or a "charge". So if that is disabled then you won't be able to transfer funds to the Connected Account.

[sullen geyser]

Got it thank you!