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Connect Payout with Stripe API
This video demonstrates how to use the Connect Payout with Stripe API template.
import os
from flask import Flask, jsonify, render_template_string, request
# Set the Stripe API key from environment variables
stripe_api_key = os.environ.get('STRIPE_API_KEY')
if not stripe_api_key:
raise ValueError("The STRIPE_API_KEY environment variable is not set.")
import stripe
stripe.api_key = stripe_api_key
app = Flask(__name__)
# HTML content for creating a transfer, viewing and setting the payout schedule
HTML_CONTENT = '''
<!DOCTYPE html>
<html lang="en">
<head>
<meta charset="UTF-8">
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<title>Stripe Transfer and Payout ScheduleStripe Transfer / Payout to Connect Account</title>
</head>
<body>Frequently Asked Questions
What business problem does this Connect Payout with Stripe API template solve?
This template addresses the need for businesses to efficiently manage payouts to their connected accounts (such as marketplace sellers or platform partners) using Stripe. It provides a user-friendly interface for creating transfers and modifying payout schedules, which is crucial for businesses that need to distribute funds to multiple parties regularly.
How can this template benefit a marketplace platform?
The Connect Payout with Stripe API template can significantly benefit marketplace platforms by: - Automating the process of transferring funds to sellers or service providers - Allowing flexible payout schedules (daily, weekly, monthly, or manual) - Providing a simple interface for administrators to manage payouts - Reducing the complexity of integrating Stripe's payout functionality into the platform
What types of businesses would find this template most useful?
This template is particularly useful for: - Online marketplaces - Gig economy platforms - Freelance job boards - Affiliate marketing systems - Any platform that needs to distribute payments to multiple parties
How can I add error handling to the transfer creation process in this template?
To add error handling to the transfer creation process in the Connect Payout with Stripe API template, you can modify the create_transfer function. Here's an example:
```python @app.route('/create_transfer', methods=['POST']) def create_transfer(): try: amount = int(request.json['amount']) currency = request.json['currency'] destination = request.json['destination']
if amount <= 0:
raise ValueError("Amount must be positive")
transfer = stripe.Transfer.create(
amount=amount,
currency=currency,
destination=destination,
description="Transfer for test@example.com"
)
return jsonify(transfer), 200
except ValueError as ve:
return jsonify(error=str(ve)), 400
except stripe.error.StripeError as se:
return jsonify(error=str(se)), 500
except Exception as e:
return jsonify(error="An unexpected error occurred"), 500
```
This modification adds specific error handling for invalid amounts and Stripe-specific errors, providing more detailed feedback to the user.
How can I extend this template to include a feature for viewing the current payout schedule?
To add a feature for viewing the current payout schedule in the Connect Payout with Stripe API template, you can create a new endpoint and update the HTML. Here's how:
First, add a new route to your Flask app:
python
@app.route('/get_payout_schedule', methods=['GET'])
def get_payout_schedule():
try:
account_id = request.args.get('account_id')
account = stripe.Account.retrieve(account_id)
payout_schedule = account.settings.payouts.schedule
return jsonify(payout_schedule), 200
except Exception as e:
return jsonify(error=str(e)), 400
Then, update the HTML_CONTENT to include a form for viewing the payout schedule:
```html
View Current Payout Schedule
```
This addition allows users to view the current payout schedule for a given account, enhancing the functionality of the Connect Payout with Stripe API template.
Created: | Last Updated:
Introduction to the Stripe Transfer and Payout Schedule Template
Welcome to the Stripe Transfer and Payout Schedule Template! This template is designed to help you integrate Stripe's payout functionality into your own Connect accounts. With this template, you can create transfers to your connected accounts and modify their payout schedules directly from a simple web interface. This is perfect for builders looking to manage financial transactions within their platform.
Getting Started
To begin using this template, click on "Start with this Template" on the Lazy platform. This will set up the template in your Lazy Builder interface, pre-populating the code so you can customize it according to your needs without any additional code copying or pasting.
Initial Setup: Adding Environment Secrets
Before you can test and use the app, you need to set up an environment secret for the Stripe API key:
- Log in to your Stripe account and navigate to the API section to find your secret API key.
- Go to the Environment Secrets tab within the Lazy Builder.
- Create a new secret with the key
STRIPE_API_KEYand paste your Stripe secret API key as the value.
This key is crucial for the app to authenticate with Stripe and perform transactions on your behalf.
Test: Pressing the Test Button
Once you have set up your environment secret, press the "Test" button on the Lazy platform. This will deploy your app and launch the Lazy CLI. If the template requires any user input, you will be prompted to provide it through the CLI.
Entering Input
If the template requires user input, such as the amount, currency, destination account ID, and payout schedule details, you will be prompted to enter this information after pressing the "Test" button. Follow the prompts in the Lazy CLI to input the necessary data.
Using the App
After deployment, Lazy will provide you with a dedicated server link to access the web interface of your app. Here's how to use the interface:
- Open the provided server link in your web browser.
- To create a transfer, fill in the "Amount in cents," "Currency," and "Destination" fields in the transfer form, and click "Submit Transfer."
- To modify a payout schedule, fill in the "Account ID," choose the "Interval," and optionally provide "Day of week" or "Day of month" in the payout schedule form, then click "Update Payout Schedule."
The web interface will display the results of your actions, whether successful or if there were any errors.
Integrating the App
If you wish to integrate this functionality into another service or frontend, you may need to use the API endpoints provided by the app. For example, you can make POST requests to /create_transfer and /modify_payout_schedule with the appropriate JSON payload to perform actions programmatically.
Here's a sample request for creating a transfer:
`POST /create_transfer
Content-Type: application/json
{
"amount": 1000,
"currency": "usd",
"destination": "acct_1234"
}`
And a sample response might look like this:
{
"id": "tr_1Example",
"object": "transfer",
"amount": 1000,
// ... other transfer details
}
Remember to replace the placeholder values with actual data corresponding to your Stripe account and connected accounts.
By following these steps, you can easily set up and use the Stripe Transfer and Payout Schedule Template on the Lazy platform to manage financial transactions for your Connect accounts.
Here are 5 key business benefits for this template:
Template Benefits
-
Streamlined Payout Management: This template provides a user-friendly interface for businesses to manage payouts to their connected accounts, simplifying the process of transferring funds and adjusting payout schedules.
-
Flexible Payout Scheduling: The ability to modify payout schedules (daily, weekly, monthly, or manual) allows businesses to optimize cash flow and tailor payouts to the needs of their partners or contractors.
-
Improved Financial Control: By offering granular control over transfers and payout schedules, businesses can better manage their finances, reduce errors, and ensure timely payments to their connected accounts.
-
Enhanced Platform Functionality: For marketplace or platform businesses, this template adds valuable functionality that can attract and retain partners by offering them control over when they receive their earnings.
-
API Integration Showcase: This template demonstrates how to integrate the Stripe API into a web application, serving as a starting point for developers to build more complex financial features into their platforms.
Technologies
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