Ask HN: How to accept payments from users and pay out partners?

[alexgpark]

- We are first-time founders, working on launching an MVP of a content-platform

- Currently unincorporated + no business bank account

- Want to launch with a paid, premium option

- Want to pay our partners a commission as well

Thanks!

[drsim]

Stripe Connect and Braintree are set up for marketplace scenarios but you'd need a company. Possible to hack together something with the PayPal API too, simply paying out to an email address.

[ProblemFactory]

> but you'd need a company

You absolutely need a company, and a chat with an accountant before you start singing contracts with and paying partners who create content for you.

If you just wing it, there's a good chance that you will end up owing the government employment taxes.

[codegeek]

Actually with Paypal, you can use something called MassPay using their API.

[grover_hartmann]

Bitcoin

[alexgpark]

not an expert on bitcoin transactions - i would still need to create a business bank account and incorporate and use a payments processor like Stripe to do that, right?