Is this form of payment possible?

Brad Callen · 6th May 2014, 09:54 AM

Hey guys, we're working on an app with 2 sides to it:
1. buyers
2. sellers

What I'd like to happen is the buyer comes in. Sees something they like. Click the "buy" button and the iphone's in app purchase "thingie" buys it with 1 click.

A % of the funds go into the seller's account. And a % goes into our account.

And then either, WE pay the seller every 2 weeks (somehow) OR even better, the funds are sent to the seller in real-time when the transaction is made.

Do you guys know if this is possible?

Thanks

ivcan · 6th May 2014, 02:18 PM

Is possible, but the IAP is managed by iTunes first, and then it pays you after taking the 30% mandatory fee in all your IAP. It may seem like a lot, but it can be compensated by the convenience the user enjoys when doing everything on his iPhone. When doing apps with IAP feature on Android, you can get a hundred percent use of the funds you get through your Android app.

6th May 2014, 09:54 AM	#1
Brad Callen VIP Warrior War Room Member Join Date: 2003 Location: Indiana, USA Posts: 2,542 Thanks: 665 Thanked 470 Times in 300 Posts	Is this form of payment possible? Share on: Hey guys, we're working on an app with 2 sides to it: 1. buyers 2. sellers What I'd like to happen is the buyer comes in. Sees something they like. Click the "buy" button and the iphone's in app purchase "thingie" buys it with 1 click. A % of the funds go into the seller's account. And a % goes into our account. And then either, WE pay the seller every 2 weeks (somehow) OR even better, the funds are sent to the seller in real-time when the transaction is made. Do you guys know if this is possible? Thanks
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6th May 2014, 02:18 PM	#2
ivcan Panzer Warrior Member War Room Member Join Date: 2009 Posts: 76 Thanks: 30 Thanked 13 Times in 12 Posts	Re: Is this form of payment possible? Share on: Is possible, but the IAP is managed by iTunes first, and then it pays you after taking the 30% mandatory fee in all your IAP. It may seem like a lot, but it can be compensated by the convenience the user enjoys when doing everything on his iPhone. When doing apps with IAP feature on Android, you can get a hundred percent use of the funds you get through your Android app.