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stripe-payments
albin antony
albin antony

Reputation: 179

How to transfer money from one stripe account to multiple connected standalone stripe accounts

I am working with a marketplace website. Initially, I will be charging a customer for buying a product and the money will be credited to my stripe account. After that, I want to transfer some money from my stripe account to two different standalone connected stripe accounts in. How can I achieve this using stripe?

Upvotes: 0

Views: 4608

Answers (2)

a_noob__
a_noob__

Reputation: 21

The exact feature you are looking for is Transfer. Before April 6, 2017, transfers also represented movement of funds from a Stripe account to a card or bank account. This behaviour has since been split out into a Payout object, with corresponding payout endpoints. This link has detailed guide of how to create Transfers.

I know this was asked long ago but I couldn't find any satisfactory or to the point answer.

Upvotes: 1

Ywain
Ywain

Reputation: 17533

You need to use the "Separate Charges & Transfers" flow described here: https://stripe.com/docs/connect/charges-transfers.

I also recommend that you write to Stripe's support at https://support.stripe.com/email to explain your business model and desired payment flows to make sure that it's something that Stripe can support.

Upvotes: 0

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