create money transfer system

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I need to create a system that acts like paypal - people can transfer money from their account to a central account and vice versa.
A person can transfer funds from his bank to the account with a credit card and withdraw funds to his bank.

any advice on how this can be done? implementation and all?

thnx in advance.

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yaaraer

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Jul 20th, 2006

Re: create money transfer system

I always wonder what sort of responses the posters of such questions are expecting to see.

PayPal is a very elaborate set of services, developed by a team of extremely experienced developers over several years. It takes a massive amount of in-depth knowledge about the credit system, the banking system, the protocols used by that industry, XML, EDI, Soap, security issues...

And you're seeking advice on "implementation and all" from a bunch of dudes on a forum?

My advice? Do a reality check.

Last edited by tgreer; Jul 20th, 2006 at 7:32 pm.

tgreer

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No one has posted to this discussion for at least three months. Please let old threads die and do not reply to them unless you feel you have something new and valuable to contribute that absolutely must be added to make the discussion complete. Otherwise, please start a new thread in this forum instead.

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