Our situation:
- We are a marketplace (in the EU) where coaches offer courses. We use Paypal (just for Paypal payments) and Stripe for everything else.
- At the end of the month we pay out money to our coaches. This is currently a very manual job that we want to automate: For this we planned on using Stripe connect.
- How: Every coach gets a connected account and we transfer the money using the Transfer API.
Problem:
- We have money in a paypal account and in the stripe account. The money in the stripe account is not enough to pay out all coaches.
- We thought we could just put money into our stripe account -> BUT apparently this is not possible outside of the US.
Question:
- Does anybody had this issue before? Is this possible? Is there a workaround? Am I overlooking something?
Unfortunately Stripe support has not been helpful...
Thank you! Any help is much appreciated!