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dotcom:kickstarter4groups

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Payment Service Features

  • Multiple deposits into one account with zero-cost refunds

Paypal Adaptive Payments

  • Standard fee: 2.9%+$0.30
  • Parallel payment - one depositor. total to multiple receivers, limit of 6 recipients
  • Chained payment - one depositor. total to primary receiver. primary pays 1-5 secondary recipients
  • Refunds - Possible within 60 days. PayPal Fees are credited, minus a 30 cent processing fee.

Dwolla

  • $0.25 per transfer paid by receiver unless sender elects to pay
  • Programatically create accounts? one dwolla account per group project

Approach

  • Upon project creation, collect project owner's dwolla account id, create new dwolla account
  • Charge owner $0.25dwolla+$0.25service per depositor, successful or not
  • Use $0.25service to refund money at no cost to depositor
  • If project is successful, service keeps $0.25service per depositor, transfers total to project owner

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dotcom/kickstarter4groups.1304466458.txt.gz · Last modified: 2016/06/25 11:25 (external edit)