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balanced / balanced-api

Balanced API specification.
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What about batching the payout for Orders automatically? #689

Closed matin closed 9 years ago

matin commented 9 years ago

660 discusses the challenge is using Orders where a seller is supposed to receive many payouts. A marketplace would solve the problem by batching the payout, but Orders makes this more difficult. The problem is that Orders have no concept of batched payouts. Each Credit is associated to an individual ACH transfer. What if Balanced automatically batched the transfers on a daily basis based on the recipient and appears_on_statement_as?

The marketplace would only be invoiced for the one ACH transfer.

mahmoudimus commented 9 years ago

@matin Can you clarify here? https://github.com/balanced/balanced-api/issues/673 also goes into depth on why this might not be feasible.

remear commented 9 years ago

Batch payouts from Orders can be done via Account and Settlements as implemented by https://github.com/balanced/balanced-api/pull/707

Nothing will be done automatically.

matin commented 9 years ago

@mahmoudimus what @remear said :smile: