NadavRub
NadavRub

Reputation: 2610

Paypal API Support for Trading platform usecase

Use-case

  1. A Trading-platform for selling goods where each subscriber can purchase and sell ( eg. eBay )
  2. Trading-platform takes commission for each transaction

Flow of actions

  1. Buyer execute a purchase
  2. Funds are transferred from the buyer account to the Trading-platform account
  3. PayPal takes it's transaction commission
  4. Trading-platform takes it's commission
  5. Trading-platform transfer the reminding funds from it's account to the Seller account
  6. PayPal takes it's transaction commission

Problem at hand

  1. As can be seen in the above 'Flow of actions' PayPal will charge for commission twice
  2. this composite transaction model considerably complicates implementation/cost.

Feedback required

Any help will be appreciated

Upvotes: 0

Views: 80

Answers (1)

PP_MTS_Chad
PP_MTS_Chad

Reputation: 7319

You could use Adaptive Payments for this. With Adaptive Payments, you can split payments up and set who pays what fees.

Upvotes: 1

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