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  1. #1
    SitePoint Addict
    Join Date
    Sep 2011
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    PreApproved Payments

    Hi, i am using PayPal PreApproved payments for my crowd funding website, where where project backers are only charged if the project is successfully backed (similar to kickstarter)

    I am worried that a high rate of payments will fail when the PayPal API tries to collect the funds when a project is successful:

    - a backer might not have any funds in their PayPal account
    - a backer might close their account once the project is succssful (to intentionally stop payment)
    - a backer might remove / cancel their preapproved payment
    - etc...

    There are a number of ways that the payment could fail which would mean that the project owner would not get the funds.

    Can anyone suggest a way of tightening or securing preapproved payments?

    Please note, that PayPal will only allow you to use PreApproved payments for a crowdfunding website.

    Please also note that project owners need to be able to receive the funds from my site. Sometimes, these funds can be as small as $10 or up to $10,000 so we need to use PayPal to pay them as there is no other automated way of getting the funds to the project owner

  2. #2
    SitePoint Member
    Join Date
    Apr 2013
    0 Post(s)
    0 Thread(s)
    you should have a look at high risk merchant account providers.


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