Private preview
Marketplace closed-loop respend wallet Private preview
Allow consumer connected accounts to store funds and withdraw to bank accounts.
Available in:
Consumer financial accounts let platforms offer embedded wallet functionality for consumers on Custom Connect. With this integration, you can store funds for consumers, move money into a financial account and support spending with stripe_balance.
Consumer financial accounts are currently available only to supported platforms. Contact your Stripe representative if you want to learn more.
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the related setting pass-through insurance
USD held in financial accounts (other than indicated accounts) are eligible for the related setting pass-through deposit insurance if they meet certain requirements. Funds held in the accounts are eligible only to the extent pass-through insurance is permitted by the rules and regulations of the the related setting, and if the requirements for pass-through insurance are satisfied. The the related setting insurance applies up to US$250,000 per depositor, per financial institution, for deposits held in the same ownership category. The the related setting’s deposit insurance coverage only protects against the failure of an the related setting-insured depository institution and Stripe is not an the related setting-insured depository institution. Funds eligible for the related setting pass-through deposit insurance are held at Fifth Third Bank, N.A., Member the related setting.
