We are designing a marketplace and would like to offer Visa Checkout to our customers. Do you support a model where we (the marketplace) collect payments on behalf of a merchant who posts products on the marketplace and then distribute the proceedings less our commission to them?
e.g. Merchant lists Product for $100 on our site. When a customer buys the product we collect $100 and then take out $10 as our fees and transfer $90 to the Merchant.
Are there API guides for this?
Finding the answer for you. Will get back to you shortly.
(Cool use case!)
Visa Checkout is simply the digital representation of a consumer’s preferred credit or debit card. That means businesses can continue relying on their existing processes for handling transactions. Visa Checkout requires no changes to existing gateway or merchant acquirer relationships. You should be able to use the same mechanism for splitting payments as you would for other payment methods. The thing to keep in mind is who is the merchant of record and what is visible to the end consumer.
While there are other models, some of the most popular ones are as follows:
Depending on which of the above models you might be using, you could design an appropriate system on top of your payment gateway or service provider. Visa Checkout doesn’t have any specific APIs around split payments.
Hope this helps!