5 ms·

IMO, neither really are as great as they should be yet. That being said, I'm using Stripe. Switching over from Paypal, this is what I have to say: -The process

IMO, neither really are as great as they should be yet. That being said, I'm using Stripe. Switching over from Paypal, this is what I have to say: -The process to make charges from a sellers account seems to need an unnecessary amount of requests -Why can't we pay out to multiple sellers at once like Paypal can? -At least in Stripe, it seems kind of silly I have to refresh a credit card token each time I want to make a new charge

heynk 13y ago
You can save credit card information and use it multiple times: https://support.stripe.com/questions/can-i-save-a-card-and-charge-it-later https://support.stripe.com/questions/can-i-save-a-card-and-c...
cristinacordova 13y ago
(I work at Stripe) If you're looking to split payments to multiple parties, you may want to take a look at sending transfers, rather than using Connect: https://stripe.com/blog/send-payouts-with-stripe https://stripe.com/blog/send-payouts-with-stripe This only requires the sellers' bank account information in order to pay them out. Stripe provides a Customer abstraction that makes it easy to save credit card information for later and use it multiple times. Instead of charging the card immediately, you can create a new Customer object and save the card to that customer. See more here: https://stripe.com/docs/tutorials/charges#saving-credit-card-details-for-later https://stripe.com/docs/tutorials/charges#saving-credit-card...
- dylandrop 13y ago
  Transfers still only send to one recipient at a time, no? At least, this is how the documentation reads (recipient_id is taken as a parameter as opposed to recipient_id<s>). Also, my problem is that you need to send a different request for each payout, when many times (i.e. shopping carts) you'd want to send every charge in one request.
  - cristinacordova 13y ago
    You mentioned the use case of shopping carts with our API for charging and transfers. I'm assuming you have a use case of a customer making a purchase from several different sellers and then needing to pay those sellers out after the transaction? Let's a say a customer bought $100 worth of items from two different sellers. You owe the sellers $40 each and you want to keep the rest. Here's how you'd handle that: 1) Charge the card (https://stripe.com/docs/api#charges https://stripe.com/docs/api#charges) the full amount of the purchase ($100). 2) Subtracting Stripe's fees, you'd see $96.80 appear in your Stripe balance (https://stripe.com/docs/api#balance https://stripe.com/docs/api#balance). 3) Initiate a transfer to seller 1 (https://stripe.com/docs/tutorials/sending-transfers https://stripe.com/docs/tutorials/sending-transfers) for $40 (this costs $0.25) 4) Initiate a transfer to seller 2 (https://stripe.com/docs/tutorials/sending-transfers https://stripe.com/docs/tutorials/sending-transfers) for $40 (this costs $0.25). 5) You'll have $16.30 remaining in your balance. You can then transfer that to your own bank account (https://stripe.com/docs/tutorials/sending-transfers https://stripe.com/docs/tutorials/sending-transfers) and we don't charge any fees for paying yourself out.
    - dylandrop 13y ago
      I think I might need to clarify the issue -- the problem isn't that you can't pay out to multiple people, it's that you have to pay out to each person with a separate call to the API. In order to pay out to two separate people, you'd need to make 2 POST requests to transfers#create (at least as far as I can find in Stripe's documentation). I feel like instead of one transfer at a time, it should be both transfers at once. Say you have a cart with 5 items in it. That means 5 separate POST requests, when this seems kind of unnecessary -- why not send them and process them all at once? PayPal supports this behavior, so why not Stripe? In other words, a request might look like { charges: [ {seller_id: 12, amount: 400}, {seller_id: 13, amount: 400}, {seller_id: 14, amount: 400}, {seller_id: 15, amount: 400} ] card_number: 1283123412341234 ... }
      - jareau 13y ago
        We (Balanced) are discussing this issue of mass payouts via CSV upload on a Github thread here: https://github.com/balanced/balanced-dashboard/issues/21#issuecomment-20822970 https://github.com/balanced/balanced-dashboard/issues/21#iss... dylandrop's already commented, but would love to get others' input
jonathancordeau 13y ago
If I were you, I'd go directly to the source: @cjc (stripe) and @jkwade (balanced) It seems like you would be served well by both companies, so you should definitely share your specifics and see which one is the best fit.
- jareau 13y ago
  @dylandrop , happy to hear feedback or make recommendations on how to best use Balanced
- cristinacordova 13y ago
  I just shot Dylan an email -- thanks for the recommendation.

heynk 13y ago

You can save credit card information and use it multiple times: https://support.stripe.com/questions/can-i-save-a-card-and-charge-it-later https://support.stripe.com/questions/can-i-save-a-card-and-c...

cristinacordova 13y ago

(I work at Stripe) If you're looking to split payments to multiple parties, you may want to take a look at sending transfers, rather than using Connect: https://stripe.com/blog/send-payouts-with-stripe https://stripe.com/blog/send-payouts-with-stripe This only requires the sellers' bank account information in order to pay them out. Stripe provides a Customer abstraction that makes it easy to save credit card information for later and use it multiple times. Instead of charging the card immediately, you can create a new Customer object and save the card to that customer. See more here: https://stripe.com/docs/tutorials/charges#saving-credit-card-details-for-later https://stripe.com/docs/tutorials/charges#saving-credit-card...

dylandrop 13y ago
Transfers still only send to one recipient at a time, no? At least, this is how the documentation reads (recipient_id is taken as a parameter as opposed to recipient_id<s>). Also, my problem is that you need to send a different request for each payout, when many times (i.e. shopping carts) you'd want to send every charge in one request.
- cristinacordova 13y ago
  You mentioned the use case of shopping carts with our API for charging and transfers. I'm assuming you have a use case of a customer making a purchase from several different sellers and then needing to pay those sellers out after the transaction? Let's a say a customer bought $100 worth of items from two different sellers. You owe the sellers $40 each and you want to keep the rest. Here's how you'd handle that: 1) Charge the card (https://stripe.com/docs/api#charges https://stripe.com/docs/api#charges) the full amount of the purchase ($100). 2) Subtracting Stripe's fees, you'd see $96.80 appear in your Stripe balance (https://stripe.com/docs/api#balance https://stripe.com/docs/api#balance). 3) Initiate a transfer to seller 1 (https://stripe.com/docs/tutorials/sending-transfers https://stripe.com/docs/tutorials/sending-transfers) for $40 (this costs $0.25) 4) Initiate a transfer to seller 2 (https://stripe.com/docs/tutorials/sending-transfers https://stripe.com/docs/tutorials/sending-transfers) for $40 (this costs $0.25). 5) You'll have $16.30 remaining in your balance. You can then transfer that to your own bank account (https://stripe.com/docs/tutorials/sending-transfers https://stripe.com/docs/tutorials/sending-transfers) and we don't charge any fees for paying yourself out.
  - dylandrop 13y ago
    I think I might need to clarify the issue -- the problem isn't that you can't pay out to multiple people, it's that you have to pay out to each person with a separate call to the API. In order to pay out to two separate people, you'd need to make 2 POST requests to transfers#create (at least as far as I can find in Stripe's documentation). I feel like instead of one transfer at a time, it should be both transfers at once. Say you have a cart with 5 items in it. That means 5 separate POST requests, when this seems kind of unnecessary -- why not send them and process them all at once? PayPal supports this behavior, so why not Stripe? In other words, a request might look like { charges: [ {seller_id: 12, amount: 400}, {seller_id: 13, amount: 400}, {seller_id: 14, amount: 400}, {seller_id: 15, amount: 400} ] card_number: 1283123412341234 ... }
    - jareau 13y ago
      We (Balanced) are discussing this issue of mass payouts via CSV upload on a Github thread here: https://github.com/balanced/balanced-dashboard/issues/21#issuecomment-20822970 https://github.com/balanced/balanced-dashboard/issues/21#iss... dylandrop's already commented, but would love to get others' input

jonathancordeau 13y ago

If I were you, I'd go directly to the source: @cjc (stripe) and @jkwade (balanced) It seems like you would be served well by both companies, so you should definitely share your specifics and see which one is the best fit.

jareau 13y ago
@dylandrop , happy to hear feedback or make recommendations on how to best use Balanced
cristinacordova 13y ago
I just shot Dylan an email -- thanks for the recommendation.