pay in with PayPal

[chadwhitacre]

was: pay in and out with paypal

Since we now do PayPal payouts (though it's a second-class option), let's refocus this ticket on PayPal for payins. Currently closed but we do get requests for this so it's worth tracking somewhere. Who knows?

I usually link to #63 (comment) to explain why this is closed.

Want to back this issue? Post a bounty on it! We accept bounties via Bountysource.

[singpolyma]

+1

[chadwhitacre]

I'd like someone with PayPal experience to champion this and/or #186 ("pay with paypal"). I'm not comfortable enough with them to trust that we're not going to get totally burned. With Balanced and Dwolla we have the companies themselves providing integration so the trust level is as high as can be.

[chadwhitacre]

Would like to investigate this claim more:

users continue to overwhelmingly prefer credit card checkout

http://www.kalzumeus.com/2012/08/06/stripe-and-ab-testing-made-me-a-small-fortune/

[fmaida]

+1

[chadwhitacre]

I poked at the payout side of this a bit now that #126 has more or less stalled. I gather that the Adaptive Payments API is the one we'd use, probably just with Gittip as the buyer and recipients as the seller. I got bogged down in the crusty sandbox setup and am leaving off for now.

[eduardodsolomon]

Messaged PartnerProgram@paypal.com to try and figure out some kinks we can get around.

[chadwhitacre]

+1 from @abnor on #692.

[chadwhitacre]

Messaged PartnerProgram@paypal.com to try and figure out some kinks we can get around.

@abnor Awesome! Keep us posted. :)

[eduardodsolomon]

Spam.

I've got an appointment with a Paypal "SENIOR MANAGER, NORTH AMERICAN PARTNERSHIPS" dude on Friday morning~ I'll practice spilling the details and testing my knowledge here. Feel free to add to or correct my script!

"...talking, talking, so Gittip is a philanthropic website that aims to pool generous and selfless individuals and to direct support to individuals who take on pro bono projects. The payments are processed through a third party and the givers and receivers have to connect their credit card or bank account. However, not everybody has a card or bank and so we are missing out on a large amount of internet and international individuals. We know many of them use Paypal on a regular basis, so we figured perhaps we could also implement Paypal as a third party payment processor."

Details:

-Payments: The 'givers' can send as low as a quarter and as high as $24 to support other individuals. The transactions occur every week on Thursday.
-Demographics: The current audience is open source programmers, many of whom use Paypal regularly.
-Software: Gittip's stack includes HTML, Python, JSON, SQL, , _

https://www.gittip.com/about/

[chadwhitacre]

IRC convo around the call w/ PayPal:

https://botbot.me/freenode/gittip/msg/2225890/

[eduardodsolomon]

Still waiting for the emailed notes.

Viable only if we created a Paypal Business account for 'Gittip' as being the 'middle man' -> Paypal has complete line of sight into the flow of money. 2.9% charge + $.30

Express Checkout -> API version of money acceptance

Mass pay -> aggregate (250 different paypal accounts)
$1 per receiver, paid by sender

[eduardodsolomon]

Hi Lyndy,

Great catching up with you and Chad today and learning about your business. Following up from our call today, I wanted to provide additional information about a couple PayPal solutions.

Express Checkout – front end payment acceptance engine. Consumer can pay with their PayPal account or a credit card. There is a transaction fee involved…2.9% + $0.30 for every transaction you receive.

https://www.paypal.com/webapps/mpp/express-checkout

Mass Pay – back end payout solution. You can send payments to your client’s PayPal accounts. It will cost you $1 for every recipient you send to. No fee for your client to receive this payment.

https://www.x.com/developers/paypal/products/mass-pay

Thanks Lyndy. Let me know if you have any questions.

Regards,

Greg

[eduardodsolomon]

Chad says no es viable since Paypal would want to be in charge of ALL the funds and would be too jealous to share them with anyone else. Plus the fees are rather high considering payouts happen weekly.