Adds additional beneficiary information for bank transfer payments
What’s new
Adds additional information about the beneficiary (receiver) for customers making bank transfer payments.
Impact
Stripe provides funding instructions for customers making bank transfer payments to merchants using a Stripe-provided bank account, including details such as the destination account number and bank code. Some banks (and bank transfer interfaces) also ask customers to provide additional information about the receiver, such as their name, address, and the address of the bank. For convenience, Stripe now includes this information in the funding instructions presented for each bank transfer payment.