Is there a way I can process transaction from the master merchant account instead of the customer card? I'm planning to offer redeem points so I would need this.
I'm using marketplace
I work at Braintree. If you need more help, please get in touch with our support team.
If you want to send money to your submerchants, there are a couple of ways you can do that.
The first is to not charge them your normal service fees until the amount not charged matches the amount you want to send. This is basically like "store credit" where they can only use their balance to pay the service fees.
The second is to keep a corporate credit card on file as a customer payment method, and charge the corporate card to the sub merchant account to send them money.
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One of my client Ruby on Rails project have a functionality of get payment from customer in his stripe account.
Now, He needs to pay that payment to the item owner after deducted commission. So, how we can pay from stripe account to particular customer account using API in Rails?
I have checked many API's but not clear which exactly use for it.
Any one have a idea or experience in it?
Thanks
See the Stripe guide on Using Checkout with Rails.
I am not positive if a customer token can be used to send funds to, but if so or not, the following still applies.
If the customer has a connected account (or customer token), you can then use "transfer" to transfer the funds to them.
I am new to the payment area in app. Say in an App like Ritual or Open Table, I want the end user to be able to pay to multiple payees (just like the two apps I mentioned that you can pay to any listed restaurants), how can I achieve that?
From what I understand, each payee could have an merchant ID. If I want to make payment to multiple payees, do I have to obtain all their merchant ID? Or do I collect payment and then transfer to each payees?
Or, is it as app developers, we pick a payment solution (like Stripe or Braintree), and ask the participating restaurant to provide their bank info for receiving payment, and when the end users are paying, they pay directly to the restaurant's bank account through the payment solution.
Thanks.
Not sure if I understand this, why do you need multiple payee? Isn't the customer would just pay he merchant? As long as you can get the merchant ID and their account number, there should not be any issue. No?
Never mind the question, it's basically what I described in the last paragraph of my question
Blockquote
As app developers, we pick a payment solution (like Stripe or Braintree), and ask the participating restaurant to provide their bank info for receiving payment, and when the end users are paying, they pay directly to the restaurant's bank account through the payment solution.
I am developing an application that has a function allow an customer pay to another customer.Can I use Paypal mobile or Stripe? how to implement it?
Stripe has a full solution of this. This is call stripe connect.
Suppose you have a marketplace and you have buyer and seller. Now you want to send money directly to your seller.
For this situation you can use stripe connect.
To use stripe connect your seller need to connect with his/ her stripe account (similar as facebook or social media login).
When you use stripe connect a charge will deduct from buyers account which is called stripe charge. Another type of charge you can deduct from your buyer which is called application fee. You can set your own application fee.
Money will send directly to seller's stripe account after deducting stripe charge and applicatipn fee. You also have full refund option in stripe comnect.
There're several options for you to implement a person-to-person payment function, but you may want to check with venmo as the most convenient way for an native APP integration
Stripe is one of the popular gateway for receiving payment in Canada, if you have user base of canada than i would recommend using stripe, you can find the integration kit here
Paypal is also good option you can get the documentation of paypal integration here.
For Paypal account you need to verify your email id & bank accounts same is for stripe.
I have an app in which I have to receive payment within the app
The flow should be as below
user A will pay to merchant
Merchant will deduct his fee (say 10% )
merchant will send 80% to user b who do the service
My question is how we can transfer money from Merchant to user B
Can we ask a user to enter PayPal detail in a form and send that to our own server and then we can make the transfer?
Please suggest.
There are a few different ways to accomplish that.
1) You could use the setup a chained payment with the Adaptive Payments API and it would handle the split of the money between the different accounts for you. You could even do a delayed chained payment if you need to delay the funds to the secondary receiver(s).
2) You could setup a regular PayPal checkout of any kind (Payments Standard, Express Checkout, etc.) with the merchant site, and then use the Pay API (which again would be part of Adaptive Payments) or the MassPay API to send payments out to the secondary receiver(s).
I would like to know if there is a possibility of transferring money from my sellers customer to my seller directly without me getting involved?
Setup is like this
I've my website
Sellers register and sell their items
Customers register and buy sellers items..
What i want is to take money from customers account (be it credit card / debit card) and transfer directly to sellers account. Simply money shouldn't be deposited into my account and then transfer to the sellers.
I am using Ruby on Rails to build the application. Any payment gateway which supports this?
rgds,
Kannan R.
Looks like you want to transfer money from account to account (RTGS / Visa)... If that is the case, i don't think Payment gateways support that.
If you want to have a setup like this,
each of your sellers have their own payment gateway account (like authorize.net / paypal / etc) then you can use their account credentials to use the corresponding API and take money directly into their account from the customers
In which case you are not involved in the payment (though you are providing the service).
If you are not restricting your sellers to use a set of payment gateways... then you'll have to implement the logic of which seller using which payment gateway, use the corresponding credentials, and use the corresponding API, etc which i believe is a huge task !!!Congrats with that