I am using Stripe API for a project.
My requirement is users using my app can pay some tips or service fees to other serving users. So basically it is a kind of user-to-user payment.
I have tried everything I can and I am searching on the Internet. But didn't find anything helpful.
Is it possible to do using Stripe?
I am new to Stripe. I have used PayPal before to achieve the same.
Thank you!
I don't know Stripe very well, but with most of the payment service providers you could only enter one account number to which the payments will be paid. This for security reasons so other people can't receive your payments by simply hacking a config value with the users' account number.
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Our situation:
We are a marketplace (in the EU) where coaches offer courses. We use Paypal (just for Paypal payments) and Stripe for everything else.
At the end of the month we pay out money to our coaches. This is currently a very manual job that we want to automate: For this we planned on using Stripe connect.
How: Every coach gets a connected account and we transfer the money using the Transfer API.
Problem:
We have money in a paypal account and in the stripe account. The money in the stripe account is not enough to pay out all coaches.
We thought we could just put money into our stripe account -> BUT apparently this is not possible outside of the US.
Question:
Does anybody had this issue before? Is this possible? Is there a workaround? Am I overlooking something?
Unfortunately Stripe support has not been helpful...
Thank you! Any help is much appreciated!
We're looking to integrate a oppwa payment gateway to our ecommerce but we can't understand the logic of this system.
The question is, Oppwa need a merchant account to able get the payments? Or if not, where go the money?
Any idea about how is working Oppwa?
Thanks,
This depends on the payment gateway.
On my implementation, the payment gateway company requested some documents for helping me to set up a merchant account. Money is coming directly to my account.
I am building an ecommerce store like amazon where sellers can sell and they receive money when a product is bought.
I am using stripe api with nodeJS for handeling payments. What is exactly the process of paying a user with stripe?
On their documentation they said of creating an account then transferring fund but in the process what about taking user's payment details like their bank account.
What are the steps which I need to follow for a paying a user out?
You'd need to use Stripe Connect. Each merchant you pay will need to be a connected account to your platform.
I have a site where I am using Stripe API to collect payments. I would like to send some amount of the money I collect to a user's bank account. How would I go about doing this?
You can't simply send funds to any bank account from your own Stripe account.
You can use Stripe Connect to accept payments on behalf of others (and optionally take a fee for yourself), then send funds to their bank account. But there a lot of things to consider when using Connect and it's quite a lot more complex than simply using Stripe for yourself.
If it sounds like Connect is a good fit for you, I greatly recommend you spend some time to read the docs as well as this article.
I am building a payment methodology using Stripe. My aim is to transfer money to user's bank accounts programmatically.
As I was investigating Stripe API reference, I found out Recipient object which seems being deprecated. Then I found out about StripeConnect which can achieve this, but still in beta.
My question is if there is any other way to transfer money to user's bank account without StripeConnect. Also I would like to have support in countries besides US and Canada. What is the best way to achieve this functionality by using Stripe?
Thanks.
The only way to do this currently is with Stripe Connect and either Managed or Standalone accounts. Connect itself isn't in beta only Managed accounts are.