If you’ve ever wrote an application where you need to charge for services, chances are you have used some sort of payment processing framework.  Be it PayPal, VeriSign, Authorize.Net or any of the other ones.  One of the biggest things all of them lacked was that if your application needed to charge a user, but internally deposit pieces of that transaction into separate accounts but still have it appear to the user as one transaction from the original source.  In my scenario was if you had a ticketing platform where you wanted to allow customers to setup and sell tickets to patrons, but take a % of each transaction transparently to the user.

Now according to this TechCrunch article, PayPal is set to release a new payments API called Adaptive Payments.  This API will finally allow you to distribute payments to multiple destinations within a single transaction.  Also, you can do Parallel Payments as well which will allow you to send a single payment to multiple receivers.

These new features look very cool and I cannot wait until they release this.  This is an awesome feature that’s highly needed and will also assist in the processing of micro payments which is all the rage now.  If you want to read the full document you can find it here over at .docstoc.

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