Splitting payments between 2 payment gateways
Can I split payments between my payment gateway and a 2nd vendor's payment gateway? The 2nd payment gateway would change depending on the 'product' that the user is buying.
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Support Staff 1 Posted by Marc Guyer on 28 Oct, 2009 03:53 PM
Hmm... I'm not quite sure what you're asking. I think I could interpret your question in too many ways to give a relevant answer. Please elaborate on what you'd like to do.
2 Posted by jason on 28 Oct, 2009 04:43 PM
When a user purchases a product, my company isn't the only one that needs to get paid. I don't want to manually pay all the vendors, so I need a system that automatically splits up the payment.
Support Staff 3 Posted by Marc Guyer on 28 Oct, 2009 07:47 PM
Hmm... that's complicated. You're essentially talking about the holy grail of payment acceptance. Ideally, you want the end user to have one charge on their card and have some of the funds go to you and the rest to go somewhere else. That's just not possible with traditional payment processing. Amazon's payment system (FPS) does what you're looking for but every party has to have an Amazon Payments account. There is a paypal system that was just released that attempts to compete with Amazon FPS in the same way, but again, everyone has to have a paypal account.
I suppose you could charge the customer twice. Once for your share, and again for the other party. Your customers will hate that and will contribute to increased chargebacks. That's bad. You'll also be paying double the per-transaction fees. There's also a chance for the first transaction to be successful and the second one to fail. Again, not good. You'd have to do some crazy auth-only stuff to make sure that the funds were there before you captured anything.
CG will likely not do either of these options for you, even in the long term. The last option, of course is for you to aggregate the "commission" for the third party over a period of time and cut them a check or automatically ACH the funds periodically. You probably don't want to use credit cards to do this because you'll effectively be paying the percentage fee per transaction twice.
Marc Guyer closed this discussion on 05 Apr, 2010 03:07 PM.