Ask HN: How can I automate sending a payment to my user's student loan provider?

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3 points by ScopeCreepin 2523 days ago

I'm building an app where students can sign up to receive donations towards their student loans.

I'm using Stripe to process the donations, and Plaid to receive information about the user's student loans: https://plaid.com/docs/#liabilities

The last piece of the puzzle is automating the payment to the loan provider.

Can anyone point me in the right direction?

1 comments

ajstiles 2522 days ago

Here are a couple of options.

https://www.q2ebanking.com/biller-direct-api/

https://bbvaopenplatform.com/docs/guides%7Capicontent%7Cbill...

https://www.marqeta.com/api/docs/W5hOzB0AAH0Cssxk/bill-payme...

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ScopeCreepin 2522 days ago

Exactly what I was looking for, thanks. You wouldn't happen to know the workflow for sending the funds between Stripe to a lender using one of these apis would you? Specifically, do I need to transfer the funds from Stripe to a bank account first, or can I send the funds directly from Stripe?

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