#James-express-instant-payout

1 messages · Page 1 of 1 (latest)

rigid sun
#

Hello 👋
Let's chat here
What kind of error are you running into?

turbid scarab
rigid sun
#

Okay I had to fast forward the video as its long enough with server being busy at the moment 🙂
Seems like there are multiple questions that you're trying to find an answer for, can you summarize your questions for me?

turbid scarab
#

Ok sure -

Is there a way for us to collect money from a credit card and do Instant Payout to a 3rd party Stripe Express account?

Is there a way just to do an Instant Payout to a 3rd party Stripe Express account directly from our connected Stripe bank account, using api calls?

rigid sun
#

thanks

1/ does 3rd party express account mean a connected account to your platform or some other platform?
2/ I don't think so, no. That's not how payout works unfortunately.

turbid scarab
#

Thanks!

1/ It just means, someone who has signed up for a Stripe Express account that is not in our organization - but they signed up for it using a link from our platform. So we say "Hey, get paid faster - sign up for Stripe Express and you'll get your funds right away!"

2/ So if we have keep a positive balance in our company Stripe account, then we can send those Instant Payouts to the person who has the Stripe Express account set up?

rigid sun
#

1/ So yeah those express accounts when they sign up using your link, connect to your platform account as connected accounts 🙂 but yeah you can send instant payouts to your connected accounts. However there is an eligibility criteria which support team can help expand on
https://stripe.com/docs/payouts/instant-payouts#instant-payouts-for-connect-platforms

2/ Yes, you should be able to send payouts from your balance to connected accounts.

turbid scarab
#

Ok thank you!