escrow like help

[firststab2020]

Hi- Looking for help implementing escrow like solutions for a service offering that requires escrow solutions. The service offering accepts payment and the payment is held in an escrow till completion of the service before payment is made. We seem to be hitting roadblocks trying to figure it out in PayPal. With you have any experience, I could really use some insights. Any help is greatly appreciated.

[kernowlass]

@firststab2020 

Paypal does not support an escrow service unfortunately.  

[firststab2020]

Thanks for the heads up. 

I was trying to find configuration on the Braintree side because I was told configuring hyper wallet would do the trick. After going that route only to be told hypwerwallet would not do meet that requirement. So I received this info below: 

"I have checked your query with one of the Hyperwallet engineer and he has confirmed that Hyperwallet will not be able to perform your requirement. however he suggested to go with Paypal partner solution whole link I have given here: https://developer.paypal.com/docs/multiparty/"

So this is where I got stuck.

[MTS_Jennifer]

Hello @firststab2020 ,

Thank you for posting to the PayPal Merchant Community.

Here is the full listing of prohibited activities:

https://www.paypal.com/us/legalhub/acceptableuse-full?locale.x=en_US

According to the PayPal Acceptable Use Policy an Escrow service is considered a Payment Facilitator. It requires prior approval, so if this is your business model, and you do want to use PayPal to process payments, you can setup the account, provide any documentation that is requested, and seek approval.

If you have a product or service that you offer, and it is performed later than 30 days, you can use Save Payment methods as an option.

In the mean time you can test Save Payment methods in sandbox to see if it would work for you before going through the approval process in a live account. Save Payment methods will allow you to create a billing agreement and charge your customers more than once for the life of the billing agreement. Also if you need to send money to your customers, you can use Payouts.

Here are the details for Save Payment methods:

https://developer.paypal.com/docs/checkout/save-payment-methods/

Save payment methods uses V2 Orders API/ PayPal Checkout:

https://developer.paypal.com/docs/checkout/

If you need to send payouts here are the integration details for this as well:

https://developer.paypal.com/docs/payouts/

Here is how to setup sandbox:

https://developer.paypal.com/tools/sandbox/

Thank you,

Jennifer

MTS

PayPal