topic Question about payments and transferring funds via api in Integration and Testing

Question about payments and transferring funds via api

tarnold — Sat, 01 Oct 2011 21:58:08 GMT

i'm in the process of building an application and haven't worked with a payment gateway before. below is the process i would like to put in place but would like to understand what exactly is needed technically so i can write the process specs and hand off to dev:

(A) signs up for acct and enters their credit card information

(B) signs up for acct and enters a bank account or cc to accept payments

(A) clicks a button to donate a fixed amount to (B)

fixed amount is transferred to checking acct/cc held by (B) less a transaction fee

my questions to the payment gurus out there are

is this a possible scenario with authorize.net api (if not, is there an alternative)
what are typical processing fees for micropayments (less than $10)

feel free to direct msg me with any more questions.

thanks,

Re: Question about payments and transferring funds via api

TJPride — Sun, 02 Oct 2011 06:20:56 GMT

There is a mechanism called unlinked credit that allows you to issue a credit without an associated transaction. Not sure if you're supposed to be using that for money transfers, however, and you do have to fill out a form requesting expanded credits capability before Authorize.net will let you run unlinked credits on a production account. This is the sort of thing I'd recommend calling Authorize.net about before you go trying to implement it.

Re: Question about payments and transferring funds via api

Trevor — Wed, 05 Oct 2011 21:10:43 GMT

What you are describing are person-to-person payments and are not something that would be handled through a payment gateway such as Authorize.Net. The best recommendation that I can make is to speak to your merchant account provider and see if they can point you in the right direction.