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elementalfx (OP)
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January 24, 2014, 07:58:29 PM
Last edit: February 21, 2014, 01:27:04 AM by elementalfx
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January 24, 2014, 10:14:05 PM
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Hello. I am working on crowdfunding site especially accepting bitcoin as a payment. I am wondering if BitPay support split payment. What I want is to split whole donated ammount among site owner and campaign creator. Lets say 99 percents for campaign creator and 1 percent to site owner to cover maintenance cost. If not is there any solution to this?

Thank you
I don't know if bitpay supports this but you could always run bitcoind on a server and add a few lines of code to it. Someone will always be able to do it for you.
gigica viteazu`
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January 25, 2014, 07:37:34 AM
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I don't know if bitpay supports this but you could always run bitcoind on a server and add a few lines of code to it. Someone will always be able to do it for you.

then ... why he would need BitPay if he takes BTC directly?
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January 25, 2014, 04:47:39 PM
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To answer the question: No, Bitpay doesn't support split payment. It is (at its' current state) designed to provide a solution for merchants, who don't want to bother with technical stuff like this and not act as a full payment-processing-service. That payment-processing-service is the Bitcoin-protocoll itself already. And sites like yours should build directly on top of that and not on top of some additional layer that may act as current credit-card-companies.

I don't know if bitpay supports this but you could always run bitcoind on a server and add a few lines of code to it. Someone will always be able to do it for you.

then ... why he would need BitPay if he takes BTC directly?

He doesn't.
Bitpay's key-feature is offering Bitcoin payment with the posibility of getting paid out in fiat.
With Bitpay you can only have one payout-address of a kind registered at a time. (so one $-bank-account, one €-account, 1 BTC-address, ect...) - for your site I wouldn't suggest you to use Bitpay anyways, because to get the money/coins to the campaign creators, it would have to go through one of your own accounts anyways if you used Bitpay.
That being said, if you plan a BTC-only-site, it'll be easier (and probably cheaper) for you to setup your own bitcoind.

I'm interested in your project though, since campaigns can take 30-40 days, considering the volatility, this could(in extreme cases) mean either half or double the value initially requested.
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January 25, 2014, 10:07:17 PM
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He doesn't.
Bitpay's key-feature is offering Bitcoin payment with the posibility of getting paid out in fiat.
With Bitpay you can only have one payout-address of a kind registered at a time. (so one $-bank-account, one €-account, 1 BTC-address, ect...) - for your site I wouldn't suggest you to use Bitpay anyways, because to get the money/coins to the campaign creators, it would have to go through one of your own accounts anyways if you used Bitpay.
That being said, if you plan a BTC-only-site, it'll be easier (and probably cheaper) for you to setup your own bitcoind.

indeed... my question was somehow rhetorical in nature since a solution based on bitcoind makes BitPay kind of a fifth wheel to the wagon


I'm interested in your project though, since campaigns can take 30-40 days, considering the volatility, this could(in extreme cases) mean either half or double the value initially requested.

An excellent point.
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January 26, 2014, 01:21:21 PM
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I had the same requirement with my last project. Bitpay didn't support it. Solved by sending one part of the payment via their direct deposit to a bank account and the second part as a bitcoin payment to the other party's bitcoin address. I added this "split payment" as a feature request though, you can send them a support request to urge that.
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January 26, 2014, 09:17:02 PM
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If you don't want to setup your own bitcoind, take a look at the blockchain-payment-api: https://blockchain.info/de/api/api_receive
combined with their wallet-api, you can do excactly what you need, and it's (as of now) completely free to use.
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January 27, 2014, 08:11:24 AM
 #8

bitpay fees?

฿it 4 ฿rain : ฿itcoin
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