Payment Processing and getting a cut

Discussion in 'Payment Processing' started by CharlesHarris12, Jul 15, 2018.

  1. #1
    I want to enable some people on one of my community sites to sell their stuff and I get a cut of the selling price. Is there any script or payment processor who can do that?

    The best option would be some sort of script that people could pay via paypal and part of the money is sent to my account but of course this would only work directly at paypal.

    Any suggestions would be great!
     
    CharlesHarris12, Jul 15, 2018 IP
  2. Lauriat

    Lauriat Greenhorn

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    #2
    Search Paypal for marketplaces, but its limited release for pre-approved use case.
     
    Lauriat, Jul 16, 2018 IP
  3. George_AP

    George_AP Peon

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    Hi Charles,
    Well what you want to do is be a sort of Broker as far as i understand. This is clearly an interesting approach but it is not an easy way to do it (in terms of a script that is used). If you want to earn commission on the sales of your customers/merchants, we can chat in private or over email, and find the best way to do so.
    I can help set you up for this type of approach - As a short description a way this can be done is for you to direct merchants to a payment provider with whom you have an agreement in place. The payment provider underwrites the customer and starts accepting sales on his behalf, you get commission on the sales each month from the payment provider.

    Example:
    You have a good relationship with Amazon
    You also know that Amazon needs a payment solution to accept sales on their site
    You have a reliable source, let`s say you work with Wirecard in Germany and you help Wirecard to board Amazon as a merchant
    For your service Wirecard will pay you 0.10% on all sale transaction Amazon did via Wirecard solution.
    Wirecard takes care of everything in terms of payment processing and commission remittance to you.

    Similar example applies for other intermediaries, that can even provide your merchant with more than 1 payment solution or option. And you would basically earn commission for all sales that your merchant is processing.

    If you are interested please contact me at and we can figure out how you can monetize on your merchants
     
    George_AP, Jul 26, 2018 IP