Hi, I run a website that allows you to create an account and you can be paid by other members who visit the site and I take a commission of that payment. I’m trying to find other payment gateways that allow for me to add members as a “sub” on my gateway account so when they have a member make a purchase it automatically gives the master account a commission from that payment and sends the rest to the sub account. I currently use CCBILL but they take upto 16% commission per transaction themselves.
You might want to take a look at Stripe, their fee is about 1.4% + 20p per transaction. https://stripe.com/docs/connect/collect-then-transfer-guide
A high risk one normally, a subscription business or site selling things that an end user doesn't want to see on their credit card statement. If that's the case, most of the normal PSPs/acquiring banks won't touch them and the customers wont use the sites if they did, as they wont want the company name on the statement!
Make sure Stripe are happy with the service/product you are selling. If it is something in their list of what is regulated or restricted it will prove a waste of time and expense setting it up. https://stripe.com/en-gb/restricted-businesses
Good advice. So many businesses have set up with Stripe only to find they get closed down shortly after due to their business nature/products being against policy for their payment processing services.
.jpg)