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I believe harrisreynolds was talking about ACH debits: https://www.balancedpayments.com/ach-debits https://www.balancedpayments.com/ach-debits
by rmanisha 13y ago
I believe harrisreynolds was talking about ACH debits: https://www.balancedpayments.com/ach-debits https://www.balancedpayments.com/ach-debits
- harrisreynolds 13y agoCorrect. Stripe can do ACH payouts (credits) but cannot pull money from a bank account for a payment (ACH debit).
- theflyingkiwi42 13y agoYou can also not fund stripe to do ACH payments. So if you have your own merchant account with much lower rates, you cannot use Stripe to pay out. You can with Balanced, which is awesome (in theory).