Asnad Atta
Asnad Atta

Reputation: 4003

Stripe transfer amount to multiple bank accounts

I have a ruby on rails web app where I have some users and clients.

I want to get amount from user via stripe and transfer some amount to my relevant client's bank account.

How can I do that.

Upvotes: 0

Views: 2020

Answers (2)

Learner
Learner

Reputation: 421

You can do the transfer in two way the old way from doc is in two steps:-

Step 1:- Collecting recipient details(You will get code on the link Ruby or PHP)

Step 2:- Creating transfers

The second way you can do this through Managed Account.

If you are using PHP then follow github it's too easy.

Upvotes: 0

Alexandre Voyer
Alexandre Voyer

Reputation: 819

I believe Stripe Connect ( https://stripe.com/connect ) would allow you to do a multi-level marketshare.

It wouldn't allow you to directly transfer money into a client's bank account but it does allow you to pay your user directly which will then enable them to transfer it to their bank account themselves.

Finally, I believe this is also more secure than trying to safely store bank account information on your end.

Upvotes: 1

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