Transfers are now split into payouts and transfersBreaking changes
What’s new
Splits the Transfer
object into Payout
and Transfer
. The Payout
object represents money moving from a Stripe account to an external account (bank or debit card). The Transfer
object now only represents money moving between Stripe accounts on a Connect platform. For more details, see Transfer Payout Split.
Impact
Introduces a clearer distinction between payouts to external accounts and transfers between Stripe accounts on a Connect platform. You can now manage these two types of transactions more specifically, with payouts for external transfers and transfers for internal platform movements.