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I am going to be starting a business, where I will be renting out vehicles on a daily basis to drivers, who will be using these to provide transportation services to customers. I am charging the drivers a daily rental fee, and will not be concerned with how much they charge the customers.
However, I'd like to have some awareness of the volume of business, even though I will not be taking any cut of their revenue.
Could I setup an "Umbrella" account within Square, and then have my drivers join my account and setup their own accounts with their bank information. They accept payments from the customers, the money (minus processing fees) goes directly into their account, but I have visibilty.
Is this possible?
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you could set up a master account and have each individual driver be it's on "location" which can have separate bank accounts and tax information. I'm not sure on the limit of locations per account.
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