idhruv-payouts | Stripe Developers | Page 1

verbal valve Jul 7, 2022, 9:25 AM

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👋 happy to help

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https://stripe.com/docs/payouts#payout-schedule

Receiving payouts

Set up your bank account to receive payouts.

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payouts will only happen when scheduled

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and the payout speed depends on the country https://stripe.com/docs/payouts#payout-speed

Receiving payouts

Set up your bank account to receive payouts.

outer dragon Jul 7, 2022, 9:28 AM

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ok

verbal valve Jul 7, 2022, 9:29 AM

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another thing to take into consideration is whether it's a DestinationCharge or a DirectCharge you're creating

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Direct Charges automatically puts the PaymentIntent amount in the Connect Account pending balance and then once it is available the payout could happen

outer dragon Jul 7, 2022, 9:30 AM

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actually it has more to do with destination charge

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like we would like to collect some fees and put rest in our connected account

verbal valve Jul 7, 2022, 9:30 AM

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while in the case of Destination Charges you could (or not) hold the money for a while before transferring it to the Connect Account

outer dragon Jul 7, 2022, 9:30 AM

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ok

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const paymentIntent = await stripe.paymentIntents.create({ amount: 1000, currency: 'eur', application_fee_amount: 123, transfer_data: { destination: '{{CONNECTED_STRIPE_ACCOUNT_ID}}', }, });

Can this work? I need something like this

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so, for one-time payment I really dont have to create the schedule and with that i can just transfer rest amount to connected account while charging application fee per transaction customer makes. Is this right choice to address my query?

verbal valve Jul 7, 2022, 9:36 AM

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yes I think so

outer dragon Jul 7, 2022, 9:42 AM

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cool

proper kettle Jul 7, 2022, 10:03 AM

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Hey, taking over here. Let me know if there's any follow-up Qs I can answer!

#idhruv-payouts