This is the first step towards the "marketplace" feature of WePay or PayPal, which is great. But it's not very useful unless I can add a fee for myself.
On a $100 purchase, I should be able to split the money so that $3.20 goes to Stripe, $1.00 goes to me, and $95.80 goes to the seller. Without that ability, I have to make up a separate billing arrangement with the seller, either a flat rate (eg subscription) or calculating fees and billing them post-hoc - messy and unreliable.
Does this mean there is no way to even charge sellers who use your service, other than requiring them to fill out their own credit card on your site? That seems like an extra hassle for setting up a service that charges users for use of the marketplace.
This was an ad-hoc project because one didn't seem to exist. Recently, http://digmydata.com added Stripe support and certainly supersedes this project.
I just tried this with my own Stripe account but it requested my business details all over again. Is it not able to use the details I first signed up with?
I dont think there are any apps that use this atm but there are tons of potential uses where the alternative was getting people to give you their paypal api keys. Not the most secure thing but usually one of the only options if you were building something where the revenue has to go directly to a users account.
stickfigure|13 years ago
On a $100 purchase, I should be able to split the money so that $3.20 goes to Stripe, $1.00 goes to me, and $95.80 goes to the seller. Without that ability, I have to make up a separate billing arrangement with the seller, either a flat rate (eg subscription) or calculating fees and billing them post-hoc - messy and unreliable.
amccloud|13 years ago
reedlaw|13 years ago
therealarmen|13 years ago
mikeknoop|13 years ago
joelg87|13 years ago
reedlaw|13 years ago
ashastry|13 years ago
scottbartell|13 years ago
latchkey|13 years ago
I can also use WePay, which deposits the money immediately and gives me a marketplace feature (I can take a chunk out of the payment for myself).
amccloud|13 years ago
unknown|13 years ago
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consultutah|13 years ago
prateekdayal|13 years ago
redslazer|13 years ago
naz|13 years ago
mikeknoop|13 years ago
robbiet480|13 years ago
baritalia|13 years ago
redslazer|13 years ago
Try and open a merchant account at any big bank and you wont get much better fees unless you are moving huge amounts of money.