Hello,
I create free software plugins which people can install on their website. This software allows them to integerate PayPal into their website so they can sell products.
I was recently watching an older episode of Shark Tank and was interested in the pitch from honeyfund.com. During the pitch the company says that they worked out a deal with PayPal so that their customers pay the standard transaction fee of 2.9% + .30, but they get a small percent of that because of their high volume.
They mentioned a few numbers and doing the math it works out to PayPal paying them 1.495% of all transactions.
I am not sure what PayPal's definition of high volume is, but my plugins are installed on thousands of website. If I could make a small percent of all the transactions that occur, that would be amazing.
Can anyone please explain how I can work out this type of relationship with PayPal.
Thank you,
Scott
