[jgoodwin]

A website that allows groups of people to enter into a contract to distribute payments from a single source according to a simple percentage scheme. For example, if a creative product developed by a group was sold on the web, the resulting payments would be made through this website to a common account for the product, but then distributed to the individuals in the group automatically. This is similar to Paypal, but with the automatic distribution system, it allows long-term collaborations that do not require communication or futher negotiation between the group members. The site would include a notification of all group members that a payment had been made, the total, and the individual member's share. It would allow group members to change information about contact, login, and destination of payments. It would require input from all group members to change percentages or other terms of the agreement made for the group's project.

[unstasis]

There seems to be some success in this direction in the world. Did some quick research and came up with these links.

http://slashdot.org/article.pl?no_d2=1& ... 29/2048229

http://www.tradeaway.com

and then a nationwide pay version with barter...

http://www.itex.com/index.asp

[greatjay]

Hey, I like your idea... I don't think those links from the other response matches the exact premise of your idea. My main issue is how to build public trust in using the site that would make users as comfortable with your site as they are with paypal. And this would partly be a legitimate concern in light of the recent wave of scams through the internet. Good job though... I think it's great!