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How to split online charges between different companies

Asked by JCM0165 in Payment Processing Recommendation and Integrating, E-Commerce Security, Stores & Carts

Tags: linkpoint, credit cards

I have a joint venture set up between two companies in which we want to be able to charge customers a set fee, then split it between us. Is this possible?

Out mutual goal is that the transaction splitting the payment between companies is seamless and nobody needs to write the other one a check. Say, out of a $200 software license monthly payment, $150 goes into my company's account and the other $50 goes to his company's account. Of course, the customers would be informed of this on the front end.

I use Linkpoint's payment gateway.

Thanks in advance

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20091118-EE-VQP-93 - Hierarchy / EE_QW_3_20080625

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