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for Fintechs who're using Stripe as a way to allow users to purchase stock/remittances/e-wallet balances etc. instant payouts are very important since in most c

for Fintechs who're using Stripe as a way to allow users to purchase stock/remittances/e-wallet balances etc. instant payouts are very important since in most cases people who load with stripe also consume those funds on the platform instantly

ffpip 2y ago
Won't they have a rolling period, since a lot of customers just add funds and might not use it? So you can use the balances from the people who added money 2 days ago, today.
- withinboredom 2y ago
  In many countries (including most states in the US), comingling funds between users is how you go to "jail" as it is usually a criminal offense. see: Money Transmission laws
  - throwaheyy 2y ago
    That by itself is not commingling. Money is fungible, and https://en.m.wikipedia.org/wiki/Float_(money_supply) https://en.m.wikipedia.org/wiki/Float_(money_supply) is a well established and widely used concept.
    - withinboredom 2y ago
      If you send another person’s money to a different person, they effectively came from the same account and are therefore commingled. Your money is fungible, other people’s is not (unless you are a bank). Some states have laws against floating, some do not.