Sell one item with CC, but the money goes to two different merchant accounts(?)

Started by dogboy, July 16, 2013, 11:40:54 AM

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dogboy

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....



...another variation are parallel payments...



...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.

Chunkford

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.

"If my answers frighten you then you should cease asking scary questions"

Chunkford

oh and I forgot to say, this company might be of interest as they do revenue sharing - http://www.xylyx.com/
"If my answers frighten you then you should cease asking scary questions"

dogboy

>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