How to split profits between partner and I via paypal?
- Thread starter Jebbyo
- Start date
We havn;t started the business yet we're still ironing out details
If a customer buys a product I would like the payment be sent to 2 paypal accounts. For example someone buys the product for 5$ I would like 2.50$ to go in my account and 2.50$ to go into my partners account.
We will split the bills 50/50
The product is a virtual good so we don't need to worry about shipping and stuff.
I just need to know what the safest/easiest way would be to split. I don't feel to comfortable sharing a business paypal since I only know him over the internet.
Elon Snup
Elite Member
- Dec 13, 2010
- 4,669
- 3,110
There sis no way to send the money to 2 accounts.
One method that requires coding is to change the paypal account the money is sent to every sale. This can be done for sure bu You'll have to hir someone to do that.
Oh,
You should not start a business with someone you can't trust. what prevents him/you from making your own site ?
- Jul 3, 2010
- 756
- 296
rapid action script is your solution, this script do exactly what you are saying, you can set up commission like 100% then first payment goes to first parnter and second payment goes to second partner. hope it helps you if you need any additional information just let me know.
- Sep 10, 2010
- 11,682
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Changing the paypal email on every payment is not a good option IMO, because of the chargebacks and other problems. Instead, open a corporate bank account and add that account to paypal. You and your partner can operate that bank account together. Should be a much better solution.
behostedorg
Newbie
- Feb 8, 2015
- 21
- 0
there is no way to receive payment to 2 accounts at the same time.
but there is option to create to login accounts under the same paypal...
but there is option to create to login accounts under the same paypal...
joeb1ow
Regular Member
- Oct 26, 2014
- 456
- 141
If your working with clickbank products, Clickbank can handle this for you.
Just setup an affiliate JV contract or whatever contract apply to your partnership.
Here's the link > https://support.clickbank.com/entries/22829488-Joint-Venture
Idk of any other affiliate networks that have something like this.
-JB
Just setup an affiliate JV contract or whatever contract apply to your partnership.
Here's the link > https://support.clickbank.com/entries/22829488-Joint-Venture
Idk of any other affiliate networks that have something like this.
-JB
joeb1ow
Regular Member
- Oct 26, 2014
- 456
- 141
Last edited:
- Sep 10, 2010
- 11,682
- 26,241
He's talking about Paypal. Clickbank has JV but paypal, being a money processor does not.
g0han
Power Member
- Jan 12, 2014
- 577
- 93
Dont do it this way you will get raped in fees, just look at the profit the end of the week/month and send it to him?
joeb1ow
Regular Member
- Oct 26, 2014
- 456
- 141
Clickbank pays thru paypal. A clickbank jv contract is his easiest and safest way to split profit
and get the money put into both their paypal accounts with the least amonut of headache starting out.
I offered a solution. Take it or twist it or leave it.
-JB
chocolatecricket
Junior Member
- Mar 23, 2010
- 100
- 12
This is possible try to read the "Adaptive Payments on paypal" .You can search this on google
Paypal does chained payments and chained adaptive payments. You can split 50/50 straight away or time it or say party a gets payment first and they then give x amount to party b..theres loads of different ways to do this through paypal but you need a trader account with paypal
- Sep 10, 2010
- 11,682
- 26,241
That's not a bad idea but they have pay a ptg to Clickbank/referrers.. Not criticizing your solution though.
ChanzGrande
Elite Member
- Feb 16, 2008
- 2,482
- 1,221
What was wrong with rapid action script for this? It works for this rev-share model by simply swapping out whose payment link to show. Super simple, and as far as chargebacks and fees go ... they would be equitable split pretty consistently based on who made the sale.
An alternative would simply be to use a php script or ad/banner rotator to swap out the payment gateways 50/50. Super easy either way. I still say go with rapid action.
An alternative would simply be to use a php script or ad/banner rotator to swap out the payment gateways 50/50. Super easy either way. I still say go with rapid action.
