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Title: Sell one item with CC, but the money goes to two different merchant accounts(?)
Post by: dogboy on July 16, 2013, 11:40:54 AM

PayPal offers something called 'chained payments', which allows a customer to buy something, and the money goes first to the merchant, then a portion of the sale immediately gets transferred to ANOTHER account, held by another person....

(https://www.paypalobjects.com/webstatic/en_US/developer/docs/ap/KindsAdapPymnt_C.gif)

...another variation are parallel payments...

(https://www.paypalobjects.com/webstatic/en_US/developer/docs/ap/KindsAdapPymnt_B.gif)

...the main problem is I can't use PayPal because the items in question are on PayPal's restricted list. The secondary problem is I don't typically deal in creative payment processing, and don't understand if something like this is even possible to do programatically on my side, or you need to be a payment platform to have that kind of control.

The issue is more complex than it looks because of PCI compliance. I can't just harvest the payment info on the form, store it, and then repost it somewhere else, later.

Any thoughts? I'm not looking for a payment processor, I'm looking for a theoretical solution to a programming roadblock.

Title: Re: Sell one item with CC, but the money goes to two different merchant accounts(?)
Post by: Chunkford on July 16, 2013, 01:44:01 PM

I would say your main concern is finding a merchant account that will support your line of business then work from there.
Once you have a MC then payment gateways don't care what you do as they aren't taking any risks, and if you need to store card details in a PCI DSS complaint manor then spreedly.com can provide this.
That should give you the base to work from and to create a system on top of it.

I'm having similar issues for my business. I'm getting there but it's starting to be a bit of a ball ache.

Title: Re: Sell one item with CC, but the money goes to two different merchant accounts(?)
Post by: Chunkford on July 16, 2013, 03:04:40 PM

oh and I forgot to say, this company might be of interest as they do revenue sharing - http://www.xylyx.com/

Title: Re: Sell one item with CC, but the money goes to two different merchant accounts(?)
Post by: dogboy on July 16, 2013, 08:34:03 PM

>http://www.xylyx.com/
Very cool. I wrote them.

>I would say your main concern is finding a merchant account that will support your line of business then work from there.
Already did, and am... next stop was here:)

>spreedly.com
Interesting place. I found the starter plan...

QuoteFreedom Plan ($50/mo)
Best suited for startups.

- 5k 5,000 credit cards stored
- 0.04 4 cents per transaction
- 5 5 gateway tokens included
- +$10 +$10 per additional token

Title: Re: Sell one item with CC, but the money goes to two different merchant accounts(?)
Post by: JasonD on July 17, 2013, 04:09:38 PM

https://www.judopay.com/

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Why We Are Here => Monetization => Topic started by: dogboy on July 16, 2013, 11:40:54 AM