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phpmysqlpaypalpayment-gatewayescrow

Adding payment method and escrow to a site in PHP

I am creating a site in PHP in which I take Credit card info from user and now I want to process that.also some recurring payment. My use case is that I will deduct some money say $100 from user account and escrow them and on confirmation transfer 10% to another account and and remaining 90% to another account. I know about paypal and different payment gateways but I want to make sure what I am doing is right or not.

My understanding is for Escrow I will deduct money from users account and transfer that to my (admin) account and on confirmation I will transfer the other amounts to respective accounts.

Not sure this is the best way or not . Also I see paypal allows you recurring payment, but what about if I only have users credit card info. how can I do that?

I see similar question for escrow but not helpful

Also important to know how my site database will be helpful, will I rely on my db for recurring payments and escrow or some third party?

Solution

  • For escrow I would recommend using Balanced.

    They have a built-in support for Escrow and PHP libraries + tutorials.

    It's supposed to be quite easy to set up.