Directly transfer payments to vendors

[saqib1324]

Hey, 
Is it possible to directly transfer the payments to user accounts. I have an invoicing platform where users can create invoices to receive and I want that whenever an invoice is paid, the payment should directly move to that user's bank account. I didn't find any way to attach bank account in Authorize Net like Plaid or Stripe connect provides this functionality.

Please guide. 
Thankyou

[awesaeed]

Authorize . net itself doesn't currently offer direct bank account transfers to vendors like Plaid or Stripe Connect. Authorize . net focuses on processing credit card and electronic check (ACH) payments.

Here are a couple options to consider for your invoicing platform with vendor payouts:

1. Third-party Integration: Explore integrating a third-party service like Plaid or Stripe Connect alongside Authorize.net. These services specialize in facilitating secure bank account connections and payouts. You can process the invoice payment through Authorize . net and then use the integrated service to transfer funds directly to the vendor's bank account.

2. Manual Payouts: If you prefer not to integrate a third-party service, you can choose to handle payouts manually. After receiving the payment through Authorize . net, you'd be responsible for initiating transfers to vendors through your own business bank account or another payment processor that supports ACH transfers.

[emmamiaaaaa]

Authorize net doesn’t support sending payments directly to each user’s bank account. All funds must go to the main merchant account. If you need automatic payouts to individual users, you’ll need a platform built for that. Stripe Connect or PayPal marketplace tools are the usual solutions.