#Chung-Yi - bank accounts

1 messages · Page 1 of 1 (latest)

haughty cape
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Hi there. One moment

marble pelican
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Thank you!

haughty cape
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The PaymentMethod is for payments with what we call ACH v2. So when you use PaymentIntent for "ACH Debit" with the newer integration we shipped recently you get the PaymentMethod.
The BankAccount object is used for legacy integrations who did ACH v1 on Charges. It's also used for Payouts on connected accounts

marble pelican
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Got it. So if we are integrating ACH v2, we should just ignore the BankAccount object completely, right?

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And we won't even have BankAccount object created in Stripe?

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It's also used for Payouts on connected accounts
Can you also talk about how it's used?

haughty cape
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Yeah ignore BankAccount completely then. For Connect, you would create a bank account on the connected account and you can pay out the balance to that account

marble pelican
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OK, got it. Thanks for clarifying!