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Comment by jaequery | Hacker News Reader

Stripe + Plaid is super cool! But I wish they allowed you to payout users with via ACH, instead of just receiving ACH payments. Anyone know of any offerings, besides Paypal Mass Pay?

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Agreed. I pay royalties to a lot of different accounts and Paypal is simply the only option available. How come its super hard to go "here is my ACH account, put $XX into this ACH account"?

I'm not even taking someone else's money, I'm trying to give money! I even have the tax paperwork to accompany that payment.

http://www.checkbook.io lets you do exactly that via an API or their UI.

There are 3 issues: The most important one is few business are setup to make a direct ACH Credit (for making an ACH Debit its an harder barrier and even fewer businesses have it ). Those that are have cumbersome UI/UX. The other issue is giving out your account number is not always a good idea unless you trust the source. And finally if you do give out the account number and make a typo then the money goes to the wrong account. Alternately the account number needs to be verified.

Which is why even today paper Checks are still prevalent by the billions. You can try Digital Checks though.

You can do "payouts" with Stripe Connect. Stripe doesn't have a money transmission license so they can only do a payout when it's tied directly to a charge (like marketplace). You could also take a look at Payoneer.

Yep, went that route (Stripe Marketplace) and then realized later that it had to be tied to some charge. We wanted to payout users at end of the month so it wouldn't work for our case. Now, Payoneer is interesting. I really like Plaid interface to tie into the banks, do you know if it can integrate with it or even possibly have it's own Plaid like widget?

I believe Dwolla does this.

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