Level 122
You probably need to ask Stripe because I can see this triggering money laundering protection
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Nov 9, 2021
3
Level 1
How to transfer money from Stripe to some arbitrary IBAN?
I need to create a platform that incorporates 2 types of users: service_provider and customer.
Customer needs to be able to pay for the service, from the service provider, using this platform. This platform needs to charge a certain fee and pay out the rest to the service_prvider's IBAN account.
I plan to use Stripe, but I never implemented any type of "payouts" to some IBAN account. Can this be done? Any answer is greatly appreciated.
Level 1
@Snapey How would you implement this function? Let's say you have a platform where developers register. If some customer wants to acquire the service, he needs to pay upfront (e.g. customer wants a web app developed and selects a certain developer). How would the transaction take place?
Level 80
@ivymaster You wouldn’t. Use Stripe Connect to allow your providers to connect their Stripe accounts. Then when a customer makes a payment on your platform, you can transfer the money to their Stripe account whilst taking an application fee.
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