Invision Community 4: SEO, prepare for v5 and dormant account notifications By Matt November 11, 2024
ahc Posted September 21, 2020 Posted September 21, 2020 Invision currently uses PayPal's MassPay for withdrawals which charges 2% up to a cap that differs depending on country the withdrawal is being sent to. PayPal has a more modern process called Payouts API that lets you send payments to both PayPal and Venmo at a much lesser cost using flat fees. List of fees between Payouts and MassPay It's about 2/3 the way down the page. I don't know enough about this to understand if this can be added to commerce as a 3rd party application. I have suggested that it be a core feature in commerce since MassPay is extremely outdated and costs way too much for anyone trying to make a profit using Downloads or any marketplace system without charging members outrageous fees. A lot of popular platforms have competitive rates at 5% with little to no transaction fees for PayPal based payouts, but we can't charge that low, or even double that, without net loss.
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