4 ms·
I love Stripe as well, but one thing keeps me wondering - why do their bank payouts take so long? My company is based in Norway, and I see funds arriving a wee
by kaivi 8y ago
I love Stripe as well, but one thing keeps me wondering - why do their bank payouts take so long?
My company is based in Norway, and I see funds arriving a week after they are marked "on the way to your bank". Money get sent like that every day, but arrive only after a week from a local bank.
I know that local bank transfers are reconciled multiple times a day, and I can't see why there is a delay.
The money sending frequency setting seems just misleading to me.
- giancarlostoro 8y agoUS banks (maybe most banks?) are just slow as hell from my experience. I pay several bills here in the USA from US banks to US banks / credit card companies and it takes a week for it to fully sync up on both my person bank account and on the statement balance. But if I were to pay with a debit card I would see the transaction instantly, though in such case it would say pending for days and days.
- malloryerik 8y agoIn some countries domestic bank to bank payments are instant and either free or very cheap. South Korea where I am is one. Bank transfers take perhaps one second. International bank-to-bank payments are more of a hassle. There is no Stripe in Korea yet, though they seem to have success in Japan, the land of cash-only.
- Iv 8y agoDoing transfers from France to Japan often, regular banks are scandalously slow and the slowness of their transfers prevents a lot of international possibilities IMO. I started accepting bitcoins as an alternate payment method.