NickPaul
3rd March 2008, 07:43 PM
Im looking into creating a site where people can sell stuff (not the kinda stuff people sell on ebay lol). User puts up what they want to sell, another user comes and buys it.
I want to know how this transaction takes place, concidering that the provider of the service (me) might take 1-5% of the sale.
An example of what im trying to say:
A user places his item up for sale. Another user comes and wants to buy it. The user purchases the item, money is taken from his/her account. Now 5% of this sale goes to my account and the other 95% goes to the sellers account.
Any information about how to implement a system like this, a link or anything, would be greatly appreciated.
Another thing, the buyer will recieve the item instantly (the items will be electronic data), what kinda of credit card fraud things do i have to watch out for????? I think the immediate transfer of the item is important, however once the item is recieved there is no way of getting it back....
Thanks in advance, Nick.
I want to know how this transaction takes place, concidering that the provider of the service (me) might take 1-5% of the sale.
An example of what im trying to say:
A user places his item up for sale. Another user comes and wants to buy it. The user purchases the item, money is taken from his/her account. Now 5% of this sale goes to my account and the other 95% goes to the sellers account.
Any information about how to implement a system like this, a link or anything, would be greatly appreciated.
Another thing, the buyer will recieve the item instantly (the items will be electronic data), what kinda of credit card fraud things do i have to watch out for????? I think the immediate transfer of the item is important, however once the item is recieved there is no way of getting it back....
Thanks in advance, Nick.