CODEWITHSUNDEEP
payment-gatewaypayment
icn
icn

Reputation: 17886

payment gateway to deposit a payment to two (or more ) accounts

I understand mostpayment gateway just deposit all incoming payment to one account. IS it possible to deposit a payment to two bank accounts (say 90% to one bacnk account and 10% to another business account)?

Thanks

Upvotes: 1

Views: 285

Answers (2)

starbolin
starbolin

Reputation: 840

IANAL but what you are proposing may not even be legal. Check with your CPA. Usually, payments come into a current or cash account where they are recorded and the dispersed to 'offsets' or other accounts, again, recorded. The cash account usually has to be balanced daily. There are exceptions, usually in the case of third party fees, which are technically a separate transaction, again, your CPA.

Upvotes: 0

John Conde
John Conde

Reputation: 219894

You would need to use Paypal Adaptive Payments for this

Upvotes: 2

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