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Online Payment.........Heelllllppppppp

online payment and disbursement of funds.

         

litcia

3:37 am on Feb 10, 2004 (gmt 0)



I am working on a online store website which will require that I receive money from shoppers worldwide and disburse funds into my clients accounts. My Clients are spread out world wide. What is the best solution for me. I should be able to request direct deposit into clients bank accounts.

I was looking at worldpay, but realised the do not support sending money into bank accounts. I need help.

Any one out there to help?

ThomasB

11:26 am on Feb 16, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I'd suggest a CC processing service or paypal, because most of the surfers are able to pay via these methods.

mbennie

4:04 pm on Feb 16, 2004 (gmt 0)

10+ Year Member



I think you're looking to collect from the site visitor and then distribute the money to other individuals involved in the project.

Definitely collect with a standard merchant account. You may want to pay out via PayPal.

One word of caution...You're setting yourself up as a bank. Be careful. If the money coming in belongs to someone else, at least open a trust account and have the funds deposited there. Then disburse to yourself as well. Check your laws. You may be opening yourself up to both lawsuits and criminal charges if something goes awry.