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Payment Solutions

Online marketplaces

Streamline merchant payments and accelerate drop shipping strategies.

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The problem

Online retail aggregators that use upstream merchants instead of keeping an inventory of goods need to provide a single-cart checkout experience with a single payment for the consumer, while paying multiple merchant vendors to fulfill the order.

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The solution

In drop shipment, real-time issuing of virtual cards enables multiple supplier payments within a single transaction. This ensures faster order fulfillment and a better customer experience. It also eliminates the need to lock up capital to pay merchants, supporting volume sales at seasonal peaks.

Real world: online marketplaces

Purchase of goods from an online marketplace that uses multiple suppliers

Marketplace app

Purchase made

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Your customers fill their shopping carts and check out.

Marqeta platform

Payments sent

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A virtual card is created to securely pay each marketplace supplier.

Suppliers' side

Cards charged

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Suppliers accept payments via virtual card just as they would any other Visa or Mastercard.

Marqeta platform

Spend evaluated

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Managed or gateway spend controls minimize fraud and custom metadata eases reconciliation.

Suppliers' side

Auth requested

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Marqeta’s platform is contacted by the appropriate network for authorization.

Marketplace app

Notification received

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Marqeta webhooks allow real-time notifications upon transaction completion.

Marqeta platform

Funds released

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Just-in-Time (JIT) Funding releases funds to the card on approval and in real time to complete the transaction.

Suppliers' side

Transaction complete

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Authorization is successful and the payment is confirmed.

Marketplace app

Purchase made

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Your customers fill their shopping carts and check out.

Marqeta platform

Payments sent

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A virtual card is created to securely pay each marketplace supplier.

Suppliers' side

Cards charged

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Suppliers accept payments via virtual card just as they would any other Visa or Mastercard.

Marqeta platform

Spend evaluated

svg-odd-spend-evaluatedsvg-odd-spend-evaluatedsvg-odd-spend-evaluated

Managed or gateway spend controls minimize fraud and custom metadata eases reconciliation.

Suppliers' side

Auth requested

svg-odd-auth-requestedsvg-odd-auth-requestedsvg-odd-auth-requested

Marqeta’s platform is contacted by the appropriate network for authorization.

Marketplace app

Notification received

Online-retail-notificationOnline-retail-notificationOnline-retail-notification

Marqeta webhooks allow real-time notifications upon transaction completion.

Marqeta platform

Funds released

svg-retail-funds-releasedsvg-retail-funds-releasedsvg-retail-funds-released

Just-in-Time (JIT) Funding releases funds to the card on approval and in real time to complete the transaction.

Suppliers' side

Transaction complete

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Authorization is successful and the payment is confirmed.

Key benefits for online marketplaces

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Creation of multiple virtual cards at once

Enable a single checkout model per customer order while paying multiple suppliers in one transaction.

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Instant issuance at scale

Avoid order delays, improve the overall fulfillment days, and create a great customer experience. Quickly grow your supplier network without the need for merchant integration.

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Dynamic spend controls

Avoid overpayments and optimize cash flow by limiting authorizations to a specific amount.

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JIT (Just-in-Time) Funding

Fund an account based on activity and manage peak transaction volumes without exceeding credit limits.

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Webhooks

Receive notifications on card activity as events happen (e.g., alerts on returns and refunds to help apply credit on the account).

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Inject metadata into each transaction record

Automate reconciliations and reduce errors (e.g., ensure order numbers match in transaction records and your order system).

Marqeta Cards

Launch your next payment innovation

Let's talk about your use case and how we can help.