How do I build my marketplace payment flow ?
Our payment solution fits all types of marketplace models: rentals, merchants, communities and more!
Marketplaces can design their payment flow to best fulfill their needs. Here are the main choices you should make:
Choose whether a buyer pays upfront or simply pre-authorises the payment and guarantees the funds. Paying upfront will guarantee that the funds are available for the seller for an unlimited amount of time, whilst pre-authorising makes the refund process easier.
Choose whether to integrate deferred payments. You can set up a system so that the seller is paid when the buyer receives the merchandise or service.
Choose at which moment you will collect your commission. This will depend on your seller profiles, product type, and risk levels.
Choose to split payments from a single buyer's e-walllet to multiple sellers' e-wallets. This is an essential marketplace feature as it makes the process easy and user experience as smooth as possible.
Please be aware that you will need to respect our user identification and fraud rules.
If you need help designing your customised payment flow, please contact our support team. Our compliance team can also validate your payment flow to make sure that MANGOPAY fits your business needs.
Want to find out how to integrate MANGOPAY into your marketplace, please click here.