“With their new Multi-Party Payments (MPP) Commerce Playlist, IP Commerce is offering a development solution to enable multiple parties to exchange funds based on a set of rules governing the exchanges. When combined with the IP Commerce [Payments] Platform, the MPP Playlist will provide a robust solution to the issues associated with payment acceptance and funds disbursement between one-to-many payers and one-to-many payees – all through a seamless user experience.”
IP Commerce’s Multi-Party Payments Helps Groups Exchange Money
Then, IP Commerce showed how Multi-Party Payments can help groups exchange money using rule-based scenarios:
Product Launched: May 2007
HQ Location: San Francisco, CA
Company Founded: 2007
Website: ipcommerce.com
Introducing Chip Kahn (Founder and CEO) and Tyler Hannan (Platform Evangelist)