Paypal multiple business name ?
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I have 3 business but, I want to use 1 paypal business account (that easy to manage)
then i want to use 3 business name, Can i do that ?
thank for every ans. ^^
I would suggest you create two additional free Business Standard accounts and have your PayPal Account Manager assist with grouping them as Child accounts to your existing Parent account. In doing so they will all pass the funds received into the same bank account.
Another advantage of doing this is that you can maintain custom branding for each of the sites/carts you are integrating your unique PayPal Accounts to. This allows you to not only use a unique Business Name but also a Business Logo which will appear more professional to your customers.
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We are a team of completely junior developers and we'd like to know if there's a way to split incoming payments -equally- into different accounts, wether it's through Paypal or other platform.
For example, we would send a link button to the client to make the payment, let's say $100, and we would like to be automatically split into 2 accounts (50%-50%) or 3 accounts (33%-33%-33%).
Is there a way to do that?
Should we create a special type of account to be able to access that functionality? (for example I have my personal -non business- account on Paypal, should we create a business account in order to be able to have that split payment option and, from there, split it into my personal account and my partner's?)
Should we use another platform instead of Paypal?
Should we integrate the code into a website with the Paypal payment method? or can it just be a link that we send to the client, let's say, via email?
Are there easier ways to solve this (for example with crypto -binance or sth like that-)?
We are completely lost on this topic since we're just starting, so any advice would do.
Thanks in advance!!
For PayPal, after receiving the payment into a single account you control, you could (as separate transactions) send some of that amount to other account(s) using Payouts, which you can request access to. Approval may or may not be granted for your use case.
Without Payouts, a manual sending from that single account to others can be done in the www.paypal.com account interface, using the Send Money feature.
Hi everyone.
We have a customer, whose company is organized in multiple society, so they:
Have a "brand group name"
They have many stores in italy grouped in differents companies
We are trying to solve this situation:
When a customer buy on online store, the nearest physical store will be selected as the one who will sell and deliver the products (this part is already solved)
Depending on the store (and then the company who owns it) the payment method (the paypal or braintree account) has to change so, for example,
for shipping in location x will be linked to paypal / braintree account 1
for shipping in location y will be linked to paypal / braintree account 2
and so on....
Do u have any suggests on how to solve it?
We've looked for multiple braintree accounts management, changing the payment method ( or account) dinamically
but we didn't find a solution yet.
any suggest is very appreciated.
thanks everyone for reading and have a nice day :)
I am building an application that has two types of users: owners and buyers.
When a user signs up for a payment subscription to the services offered on the website, the system checks to which owner those selected services belong to and should then make that subscription payment go to that owner. So basically, users have no idea that payments go to multiple people. As far as they are concerned, they are just selecting certain services on our website and signing up for a monthly recurring subscription payment. The system then decides where that subscription money should go.
So, how can I do this? What possible systems can I use? I have looked into two: PayPal and Stripe. I can see how I might be able to use them for this if I get really creative, however I just wanted to ask you guys to see if any one has experience in doing something like this and what is a good way to do this.
Thank you.
Here're description about PayPal Adaptive Payment, you need setup preapproval and Chained Payment .
In this scenario, you act as Primary Receiver. You can setup the payment that Primary Receiver keep certain percentage amount ($10 in in 2nd picture), or distribute all payment to multiple receivers (service providers). It's up to your business logic.
We are contemplating on using your services on the web app we are developing, We have following requirements.
Our's is a multisided services platform, an employer assigns a freelancer to do some job. Freelancer will create partial invoices until the full value of the job is realized. We sit as a middle man, and does the job of forwarding the invoice to employer and transfer the amount collected from the employer to the corresponding freelancer, after taking a cut.
1) We need to provide seamless integration on invoicing, The freelancer will use our web interface to create/send invoice. We will record the cost of the invoice in our database.
2) It is the employers prerogative, to decide when to respond on the invoice. Say, he responded after 10 days of receipt of the invoice. When the payment is made our website traps it and records it in the database.
3) When our web app come to know that a payment is made by the employer, we will transfer the amount (after taking a cut) to the freelancer.(adaptive payments).
I found out that chained payments is best suited for the scenario above.
What type of paypal account i need here to do the chained/adaptive payments? If it is Business or premier account , can i set up an account before legally registering a company for testing/sandbox environment? I am from India I see paypal registration form asking for the PAN number for company, which i don't currently have.
Thanks for your attention
Short anser: if you are not a business, use a premier account. That should be able to use all adaptive payments features including chained payments.
PayPal no longer distinguishes between personal and premier accounts (they used to carry different fee structures but that ended years ago), although some older features still may have blocks preventing access by personal accounts. Both types of accounts are expected to be owned by an individual. In contrast business accounts are expected to be owned by a business. Functionality should be essentially identical to a premier account except for details like personal vs corporate tax ID numbers & such.
I am working on a website which involves users paying to each other. The payment gateway is going to be paypal., now does it require every user to have their business account with paypal? (or) is it possible to let them have their business account with any business account provider?.
Would appreciate any pointers. Thanks!
Define what you mean by 'business account'. If you mean a merchant account at an acquiring bank: no, that's not required. If you mean a PayPal Business account; no, that's not require either, recipients can have a Premier account as well.
Technically, you'll want to look into Adaptive Chained Payments -- this allows you to chain the payment along multiple recipients (up to 9, if I recall correctly).
Have a look at Introducing Adaptive Payments
Or dev guides