Marketplace payouts: how to pay your sellers automatically and keep your fee
By SendPay Business · · Updated · 2 min read
- 1Customers pick what they want
- 2They pay by card at checkout
- 3The order lands with you
A marketplace is two products in one: buyers pay you, and you pay sellers. The hard part has always been the second half. The marketplace template does both, under your brand, with your fee kept on every order.
How an order flows
A buyer pays £64 at checkout. Your platform takes its fee, say 10%, and pays the seller £57.60. Both sides get a receipt, and your console shows the order, the payout and the £6.40 that stayed with you.
Sellers sign up with you
Sellers open an account on your platform, verify their identity at signup, and get paid to it. They can spend from it with a card or move it to their bank. They are your customers.
Try it
Name your platform and watch it come to life
Type a name, tap a colour and pick what it does. The phone changes as you go.
Colour
What it does
Design and preview your whole platform free, then launch when you are ready.
What to know before you launch
Holding buyers' money before paying sellers is a regulated activity. On our platforms the money is held by regulated partners; your platform operates the marketplace. We tell you in writing what applies to your model before you launch.
Launching
Design and preview your whole platform free, then launch when you are ready.
0 of 5 done
Tick each step as you do it, so you can see what is left.
How it works
Your own money app- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
Why sign up
Create your free SendPay account
It's all about creating your own financial platform with ease. Start with a free account today.
- 🪪A free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
- 💳Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
- 🌐A free business websiteFree to build, free to publish and free to keep, with unlimited visits.
- 🚀Your own financial platformDesign and preview your whole platform free, then launch when you are ready.
SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.
Questions people ask
What does each seller take home?
Work out seller payouts after fees.
Marketplace commission calculator →Can sellers be paid in other countries?
Yes, to 135+ countries through our partners.
Can I hold a payout until the buyer confirms delivery?
Yes. Payout timing is a setting in your console.
Do I need a licence?
Usually the partners' permissions cover holding the money; operating the marketplace is yours. We confirm what applies before you launch.
Can I refund a buyer after the seller has been paid?
Yes. Refunds come from your platform balance or are recovered from the seller's next payout, as you set it in your console.
How can SendPay Business help me run a marketplace?
Start with the marketplace template, set your fee and payout timing, and preview the buyer and seller sides. We confirm in writing what applies to your model before you launch.
Build my platform →Read next
Spotted a mistake or something out of date? and we'll fix it. How our guides are made
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.