With Connect, you can do onboarding flows yourself with the Custom plan. Note that information gathering and regulatory requirements for onboarding across dozens of countries is a huge amount of effort. We have whole teams working on this problem alone; not for the feint of heart.
In the abstract we don’t care if you do onboarding or we do. Stripe doesn’t make money there. We offer a solution because it’s a difficult problem that we’re in a position to handle for users.
With payouts you could do something similar. I believe there are platforms that pay everything out to one bank account and then pay out to customers themselves. I’m not an expert on these flows, but I believe it’s to cut down on foreign exchange fees—preventing multiple “hops”. We’re working on making this better.
With Connect, you can do onboarding flows yourself with the Custom plan. Note that information gathering and regulatory requirements for onboarding across dozens of countries is a huge amount of effort. We have whole teams working on this problem alone; not for the feint of heart.
In the abstract we don’t care if you do onboarding or we do. Stripe doesn’t make money there. We offer a solution because it’s a difficult problem that we’re in a position to handle for users.
With payouts you could do something similar. I believe there are platforms that pay everything out to one bank account and then pay out to customers themselves. I’m not an expert on these flows, but I believe it’s to cut down on foreign exchange fees—preventing multiple “hops”. We’re working on making this better.