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Author Topic: Setting up Re-occuring payments  (Read 252 times)
wallet4bitcoin (OP)
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August 02, 2016, 12:23:16 PM
 #1

Want to set up re-occurring payments for members to send for my Official Netflix service here:
https://bitcointalk.org/index.php?topic=1492674.0
Anyone give advice on how best to identify re-occuring payments on similar payment amounts e.g. $5 from multiple senders?




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mocacinno
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August 02, 2016, 12:28:11 PM
 #2

Want to set up re-occurring payments for members to send for my Official Netflix service here:
https://bitcointalk.org/index.php?topic=1492674.0
Anyone give advice on how best to identify re-occuring payments on similar payment amounts e.g. $5 from multiple senders?





My advice would be to generate a new address for each customer. This way it's easy: just check if there are new inputs this month => if there are sufficient inputs, everything is OK; otherwise the service needs to be cancelled.

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olubams
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August 02, 2016, 05:17:33 PM
 #3

Want to set up re-occurring payments for members to send for my Official Netflix service here:
https://bitcointalk.org/index.php?topic=1492674.0
Anyone give advice on how best to identify re-occuring payments on similar payment amounts e.g. $5 from multiple senders?





My advice would be to generate a new address for each customer. This way it's easy: just check if there are new inputs this month => if there are sufficient inputs, everything is OK; otherwise the service needs to be cancelled.
I would want to agree with what mocacinno said that using different address for each customer would be better but all going into one wallet, this will enable you to track the payment one after the other or if that will be too cubersome you can as well create different wallet for each class of customer and put them in different category for easy identification eg some on coinbase while some others on blockchain etc...
wallet4bitcoin (OP)
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August 02, 2016, 11:37:59 PM
 #4

My advice would be to generate a new address for each customer. This way it's easy: just check if there are new inputs this month => if there are sufficient inputs, everything is OK; otherwise the service needs to be cancelled.

Thanks so much for the tip. I've implemented it today.  Grin

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