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Ask HN: I want to pay people, not just accept payment. What are my options?
So, accepting credit card payments is a single (admittedly, long) line of code for most languages if you're using most gateway+merchant bundles.
Some, like Authorize.net, let you accept ACH transfers.
Is there anyone out there that lets me MAKE ACH transfers with a few lines of code?
Or am I forced to live in the stone age/use paypal?
- HeyLaughingBoy 17y agoDo you mean you want to pay employees? What do you mean by "pay people?"
- mr_luc 17y agoI mean I'd like to give a user of an application money -- preferably, transfer it directly into their bank account. Or not even a user. If we can't, that's stupid. I mean, if the customer had a merchant account and a web interface for it, I could use it to send him money from my debit card or a corporate cc. From my exhaustive research (googling over this crappy latin american wifi), it looks like the answer is "that's impossible; use paypal to do it by hand." Stupid, if true.
- andhapp 17y agohmmm if you can transfer money into your merchant account then transferring money into someone else's account should be straight forward but that's not the case. I would suggest pay-pal but transferring money into someone's bank account would actually take 3-5 working days from it so that sucks...but yes you are right pay pal is the only way...
- mr_luc 17y agoThank you! Yes! It seems insane to me. I mean, I can see how it would cause all kinds of money-laundering headaches to regulators, but that had better not be the reason. Because money launderers can already operate with near-absolute impunity (their problems are more organizational, scaling their methods while keeping them under the radar). There's got to be a bank out there that offers an API like this, but I wonder what the entry point looks like, cost-wise. Man. This seems like an obviously stupid thing. There should be more options than Paypal. edit: okay, going offline for next week. Will check back next Tuesday.
- rms 17y agoI have heard that ACH transfers are much more common in Europe. How do they do it there?