Paypal Integration holding money

Question

I'm building a site that requires paypal integration. The way it works is I have buyers and sellers, the buyer requests the item, and pays for the item, but the seller needs to accept the money first. So the money is held in limbo until the seller accepts it. Once accepted the money isn't transferred until the item has been received.

Can paypal do this? Also, can I do it with CakePHP?

Answer 1

As far as I know, there's no way to do this with a PayPal transfer.

A proper credit card processor like Authorize.net or PayPal's Payflow Pro service will let you place an authorisation hold on a credit card, and process the transaction at a later time.

Answer 2

Why not just implement some kind of escrow service?

Answer 3

CakePHP:

• Medium difficulty Integration of PayPal into CakePHP

In general:

• PayPal API can be found under "developement" on their main site But as the people above said, be careful with PayPal. Try to make some kind of contract with them, which ensures that your money won't get busted. (If you are willed to do high volume transfers via PayPal)

Tip: Always use bakery.cakephp.org, to find the best cake tutorials ;)