Escrow service right for me??

Discussion in 'Payment Processing' started by Davecore, Jan 29, 2008.

  1. #1
    I am currently in the market looking for a way to accept payments from customers; however I have run into problems, especially with Paypal.

    Basically I want to have payment system set up like Campusbooks.com or Textbookx.com.

    I will have a marketplace for various items. The buyer will buy a item and the money will go into my account; after the book is delivered and confirmed delivered I will later send the money to the seller minus the listing fees.

    Ideally I would like it so that only my set fees are put into my account and the sellers money is deposited into their paypal,bank account, google checkout account, etc after the item is delievered and confirmed. Or something like that

    Would escrow work for that? If so what are some good services or should I purchase a script??

    Thanks
     
    Davecore, Jan 29, 2008 IP
  2. Dr. XYZ

    Dr. XYZ Guest

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    #2
    Scrow for selling books it's not a good idea IMO

    I would try another payment gateways such as Moneybookers, RegNow or Authorize.Net, among others.

    You can also ask for Western Union payments, Wire Transfer or Bank direct deposit.
     
    Dr. XYZ, Jan 29, 2008 IP
  3. Davecore

    Davecore Peon

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    #3
    I would like to use paypal or googlecheckout for right now, but how would you go about doing it?

    Since their services don't allow me to act as a holder of the money a aggregator of the money, how can I get by with getting my fee I charge, then after the item is confirmed the money is deposited into the sellers account.
     
    Davecore, Jan 30, 2008 IP
  4. gunners

    gunners Peon

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    #4
    same here use moneybookers as alternative to sell small products there are no chargebacks and its quit good
    escrow are ment to be for high trades of $500 and above
     
    gunners, Jan 31, 2008 IP