I am looking to split payments between 2 businesses? A marketing company and a service company. I am a marketing business and I want to be able to accept a PayPal payment, take a % or fixed amount of it, then pass the remaining balance off to another business. I am not sure if this is possible or how to set it up. Example. On my site, I do the marketing and you buy a service for $100. I take a 5% finders fee, and then pass the remaining $95 off to the person providing the service. If a refund is requested, I would give back my 5% and the service provider will give back the $95 balance. I also need PayPal to give back their fees so the person receives a 100% refund. Is it also possible to set up an escrow account where I could store that $95 until the service happens? Is any of this possible? Is there anything I need to know before I set up my business acct thru PayPal? Any info you could give me on the subject would be great.
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