Navigating Marketplace Financial Complexity
In a multi-vendor marketplace, a single customer shopping cart might contain products from 3 separate merchants. Collecting payment, deducting platform commission, and routing the exact balance to the respective vendors manually is an accounting impossibility.
Automated Split Payment Architecture
Using solutions like Razorpay Route or Stripe Connect:
- Customer pays total order value through your unified checkout gateway.
- The marketplace backend splits the payment dynamically: 85% routes to Vendor A's linked bank account, while 15% platform commission remains in the master account.
- Escrow Holding Period: Payout transfers are held in escrow for 7 days until the return and exchange window elapses, protecting the platform against chargebacks and fraud.
