I'm trying to implement PayPal Adaptive Payments with Simple Payments and store credit card for later use. I've discovered that this is the easiest way to charge the customer for all the fees that might have happened during a transaction and do it after the transaction has been successful.
Apparently their API supports storing credit cards but requires sending credit card data to their servers. In doing so my server would have to be PCI compliant, which is a big blocker for me.
Is there any way to do the same thing without the PCI compliance?
Got an answer from their support. It's currently not possible to store credit card information without being PCI compliant.
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I am a college student and I want to launch an online store for dropshipping. I am allowed to have one credit card, where I live, say Mastercard. But for the customers convenience I would like to enable VISA, Discover, Mastercard, American express, Debit card, and PayPal checkout. I know that there is a PayPal credit card that allows payments from all these cards but it requires a business license, which I am not allowed to have as a student. Is there a way I can receive payments from the above mentioned cards to a Mastercard? If there is a better solution to my problem I would like to hear it from you. Thanks!
When you set up an online store, you will also be signing up with a Payment gateway that will be collecting money on your behalf and transferring it to you. In this way, you will be able to set up your store to be able to accept any payment methods supported by the payment gateway(s) that you set up, and any money you make will be transferred from the gateway to the account that you registered with. This might be a credit card or directly to a bank account depending on what the gateway supports.
Using a trusted payment gateway (such as Stripe, Braintree, PayPal, Authorize.net, etc.) will let you focus on your store and not have to worry about accepting credit card information directly, and you will get your earnings transferred to you regularly in a form that you can accept. Note also that taking credit card info directly comes with a host of security concerns and regulations. By using a payment gateway you will never see anyone's credit card info directly, so you won't have to worry about all the security and legal concerns surrounding that. The gateway companies make their money by taking a small transaction fee for each purchase, but this fee is definitely worth it to get your business started.
I am looking for a payment processor that supports N-Payer->1-Payee.
As documented https://developer.paypal.com/docs/api/payments/#payment_create,
users make payment requests by providing the server with a payment object. Within the object, there is a payer field which specifies the source of the funds for the payment.
(Disclaimer: I work for Stripe.)
Stripe does not support this directly -- you'd have to create as many charges as there are payers.
Due to the way card payments work, I'd guess that all card processors have the same limitation, though maybe other processors have built features to better handle such payment flows.
I am looking to implement an opencart solution for a client. They require a peer to peer payment system that allows a user to buy a product from multiple vendors. In other words the client will not hold any stock. They will just facilitate a transaction between the buyer and seller and collect a commission on each transaction. Has anyone here implemented such a solution in OpenCart?
i have paypal adaptive method, but i want credit card side also????
Thanks!
To process a card transaction (credit- or debit-card) there needs to be someone to hold the funds between the parties. It can be a e-wallet or a merchant with an account with an acquirer. The acquirer in turn talks to all the card schemas to make the transfer possible, often sorting out a few other things too, like fraud-screening.
As far as I know direct p2p between card accounts are not yet available, at least across different banks. So I think you still need a payment gateway to process it, and not to worry about the Payment Card Security (PCI) regulations.
I am planning on setting up a Paypal Payments Pro account and posting to their Direct Payment API with credit card billing information via our website. In an effort not to worry about PCI compliance, I would rather not have the credit card information pass through our web server and post directly to PayPal from client code. What is the most simple way to do this? Perhaps use a PayPal hosted form and imbed it withing our webiste via an iframe? Can someone please list out a few recommended solutions and where to start looking? Thanks!
Payments Pro (DoDirectPayment) won't do that. What you want, per your explanation, is PayPal Payments Advanced (or sometimes they do call it Payments Pro Hosted, which just confuses people and is annoying.)
I personally prefer the full Pro, DDP over Advanced/Hosted. For PCI compliance, all you need to do is make sure you're using a valid SSL certificate on your server, and also make sure you're not saving any credit card details to your database.
We currently use the Website Payments Pro recurring billing solution from Paypal for a SaaS web application (user signs up for a monthly billing subscription to our service) but are becoming increasingly concerned that all of our credit card data is 'locked in' to Paypal and we can never get access to it.
The ideal for us is at the point of signup to store a users credit card details in a third party system (vault) whilst processing the transaction through Paypal's Website Payments Pro billing solution. This would give us the freedom to change our payment processor without having to ask everyone of our users to re-enter their card details - storing payment details in a third party PCI compliant system would allow us to do this.
Does anyone know of any such solutions that would allow us to store credit card details without transacting against them and whether these would be available to UK based companies ?
Thanks - appreciate any help you can give.
Mike
PayPal now offers such a service
https://developer.paypal.com/webapps/developer/docs/api/#vault
I found that Briantree.com offers that service
I'm not aware of anything that does this (but would love to hear otherwise). The reason it doesn't exist I would assume is because 'my' PCI-DSS requires that any third party that I pass card details to is also PCI compliant.
Therefore, this 'vault' provider would only be able to return to you a full card number if you were fully PCI compliant (and if you were, then why would you need to use a 3rd party vault?!)
So the best you could optimistically hope for is a 3rd party that both vaults the details and also allows interaction with 'n' other payment gateways, but this would obviously only allow you to switch between gateways that the vault supports. Given that the 'vault' would need to generate income, as well as the gateways that it communicates with, I can't see this being cheaper than choosing and interacting with a single gateway directly.